Amrapali directors' assets may be sold to raise â¹5,100cr: SC
The Supreme Court on Tuesday said the only way to secure â¹5,112 crore from Amrapali Group for construction of pending projects by NBCC is to sell the directors' personal assets. The Noida-based realty major is yet to hand over possession of flats to over 40,000 homebuyers. The court also observed that Amrapali's real estate business was like "a well-operated cobweb".