Published:August 15, 2017 4:33 am
Less than 10 days ago, Corporation Bank, another financier to the Amrapali Group, had announced the auction of the groups IT office in Noida Sector 62 in a bid to recover a loan worth Rs 9.10 crore for the construction of that property.
With the Allahabad bench of the National Company Law Tribunal (NCLT) admitting IDBI Banks insolvency petition against Jaypee Infratech, fear among home investors continues to escalate, even as the top management of another builder group, Amrapali, submitted their passports to the district administration in an effort to assure buyers that they will not escape abr…
Read the full article at: http://indianexpress.com/article/cities/delhi/move-comes-amid-insolvency-plea-to-reassure-investors-amrapali-top-brass-submit-passports-to-district-admin-4797097/