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Delhi HC grants bail to ex-Amrapali Group director in four cases, ET RealEstate

Amrapali Group: The homebuyers have alleged that in spite of the payment of the majority of the consideration amount, the projects were either stalled or abandoned or the possession of flats was given in a highly-delayed and incomplete manner.

amrapali group: Delhi HC grants bail to ex-Amrapali Group director in 4 cases lodged on complaints from homebuyers

Justice Amit Bansal observed that there are no specific allegations against Kumar that he was responsible for the financial matters, policy-making or administration of the real-estate company and his exact role shall be determined only after the conclusion of the trial, which is likely to take a considerable period of time.

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