‘You do not deserve any sympathy’: Supreme Court rejects bail plea of ex-CMD of Amrapali Group
The Supreme Court has rejected the bail plea of former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he cheated hundreds of residence consumers and didn’t deserve any sympathy.
A bench comprising Justices Ajay Rastogi and Bela M Trivedi refused to challenge discovery to the prosecuting company on the bail plea of Sharma, who has been in jail for over 4 years within the case.
“You have cheated thousands of home buyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy,” the bench said on Thursday.
The former CMD of the Actual Property group and different administrators of the agency had been arrested on the course of the highest courtroom after the forensic audit report revealed that a considerable amount of residence consumers’ cash was siphoned off by the administration.
It stated the offense ran “very deep” and even the courtroom was dealing with difficulties in tackling the issue.
“Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail. This court is very aware of what you did. You created the mess and we are not able to find a way out of it. A large number of home buyers are suffering,” the bench stated.
Earlier, the highest courtroom had granted Sharma interim bail for a couple of weeks on medical grounds within the case.
Sharma and others have been in jail after their arrest in 2018 for varied offences, together with that of dishonest, felony breach of trust and cash laundering and have spent almost 4 years in jail.
They have been accused of siphoning residence consumers cash.
The apex courtroom, in its July 23, 2019 verdict, had cracked down on errant builders for breaching the belief reposed by residence consumers and ordered the cancellation of registration of the Amrapali Group below actual property legislation RERA and ousted it from prime properties within the nationwide capital area (NCR) by nixing the land leases.
The high courtroom had directed a probe by the Enforcement Directorate (ED) into alleged cash laundering by realtors, offering reduction to over 42,000 residence consumers of the Amrapali Group with the decision.
Besides ED, the Economic Offenses Wing (EoW) of the Delhi Police and the Serious Fraud Investigation Office (SFIO) have additionally been investigating various circumstances lodged in opposition to the previous officers of the actual property group.
NEW DELHI: The Supreme Court has rejected the bail plea of former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he cheated hundreds of residential consumers and didn’t deserve any sympathy.
A bench comprising Justices Ajay Rastogi and Bela M Trivedi refused to challenge discovery to the prosecuting company on the bail plea of Sharma, who has been in jail for over 4 years within the case.googletag.cmd.push(operate() googletag.show (‘div-gpt-ad-8052921-2’); );
“You have cheated thousands of home buyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy,” the bench said on Thursday.
The former CMD of the Actual Property group and different administrators of the agency had been arrested on the course of the highest courtroom after the forensic audit report revealed that a considerable amount of residence consumers’ cash was siphoned off by the administration.
It stated the offense ran “very deep” and even the courtroom was dealing with difficulties in tackling the issue.
“Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail. This court is very aware of what you did. You created the mess and we are not able to find a way out of it. A large number of home buyers are suffering,” the bench stated.
Earlier, the highest courtroom had granted Sharma interim bail for a couple of weeks on medical grounds within the case.
Sharma and others have been in jail after their arrest in 2018 for varied offences, together with that of dishonest, felony breach of trust and cash laundering and have spent almost 4 years in jail.
They have been accused of siphoning residence consumers cash.
The apex courtroom, in its July 23, 2019 verdict, had cracked down on errant builders for breaching the belief reposed by residence consumers and ordered the cancellation of registration of the Amrapali Group below actual property legislation RERA and ousted it from prime properties within the nationwide capital area (NCR) by nixing the land leases.
The high courtroom had directed a probe by the Enforcement Directorate (ED) into alleged cash laundering by realtors, offering reduction to over 42,000 residence consumers of the Amrapali Group with the decision.
Besides ED, the Economic Offenses Wing (EoW) of the Delhi Police and the Serious Fraud Investigation Office (SFIO) have additionally been investigating various circumstances lodged in opposition to
