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Diversion and Fraud of money allegations on Ansal Plaza

Courtesy/By: Dhruv Agrawal | 2020-11-21 23:39     Views : 49

The Supreme Court has sought an explanation from real estate firm Ansal Properties and Infrastructure and its promoters for allegedly cheating thousands of homebuyers who invested in its Lucknow project almost a decade back but were still waiting to get possession of their homes. Earlier, two other real estate firms – Amrapali and Unitech – had come under the scanner of the Supreme Court.

Agreeing to hear a petition filed by a batch of homebuyers in the Sushant Golf City Hi-Tech Township project of Ansal API, a two-judge bench of Justices D Y Chandrachud and Indu Malhotra issued notice to the company and its chairman. The bench also sought a response from the state government and police as the home-buyers alleged that the government authorities failed to take action despite their complaint against the company for cheating them and diverting their money. After Amrapali and Unitech, another real estate firm, Ansal Properties and Infrastructure has come under the scanners of the Supreme Court which on Friday sought an explanation from the company and its promoters for allegedly cheating thousands of home-buyers who invested in its Lucknow project almost a decade back but were still waiting to get possession of their homes.

Agreeing to hear a petition filed by a batch of homebuyers in Sushant Golf City Hi-Tech Township project of Ansal API, a bench of Justices D Y Chandrachud and Indu Malhotra issued notice to the company and its chairman. The bench also sought a response from the state government and police as the home-buyers alleged that the government authorities failed to take action despite their complaint against the company for cheating them and diverting their money.

 

This Article Does Not Intend To Hurt The Sentiments Of Any Individual Community, Sect, Or Religion Etcetera. This Article Is Based Purely On The Authors Personal Views And Opinions In The Exercise Of The Fundamental Right Guaranteed Under Article 19(1)(A) And Other Related Laws Being Force In India, For The Time Being. 

Courtesy/By: Dhruv Agrawal | 2020-11-21 23:39

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