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SC: Amrapali proceedings can't continue for an indefinite time
Hindustan Times Delhi
|March 08, 2025
As such, we find much work has been done... Now we are on the way forward on how to wind up. These proceedings cannot continue for an indefinite time. SUPREME COURT
NEW DELHI: The Supreme Court on Friday said that its monitoring into the completion of the Amrapali housing projects must come to an end, as much work with regards to the construction of the flats is over.
Public sector undertaking NBCC India Ltd has been tasked with constructing the distressed Amrapali housing projects, after the lease of the builder was cancelled due to irregularities in diversion of funds by its erstwhile promoters. Since July 2019, the Supreme Court has monitored the completion of more than 46,000 flats under NBCC.
The court's view was supported by attorney general R Venkataramani, the court-appointed receiver, who has been instrumental in arranging funds and engaging with NBCC to ensure the mandate of the court to complete the construction of flats is achieved.
However, the suggestion was opposed by a section of homebuyers, who claimed that the work cannot be complete unless all approvals and statutory clearances are received before they receive possession.
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