The Economic Offences Wing (EOW) of Delhi Police has arrested two officials of Amrapali Group for creating a large number of bogus companies, the police said on Tuesday. The arrested persons have been identified as Chander Prakash Wadhwa, chief financial officer (CFO) and Anil Mittal, statutory auditor of the Amrapali group of companies. Both were arrested from Delhi on Monday.
A bench of Justices Arun Mishra and U U Lalit also cancelled the leases of Amrapali's properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money laundering by CMD Anil Sharma and other directors and senior officials of the group.
New Delhi, Jul 7 : Real estate developers in Noida have begun giving flat buyers alternative options: either to withdraw their money or take up flats in other projects. Following the Supreme Court order upholding Allahabad
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