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The Supreme Court has scheduled the next hearing of the Amrapali Group case for July, with a new bench to be appointed in light of Justice Bela M Trivedi's impending retirement. The current bench stressed the need to bring the years-long litigation to a close. Key issues include unresolved directions from the 2019 verdict, especially relating to fund recovery from former Amrapali officials. NBCC has completed over 25,000 flats and sold nearly 2,000 units, though concerns persist over buyers failing to take possession. The court has warned that unclaimed units may be resold if allottees remain inactive.
The Supreme Court is set to take up the long-standing Amrapali Group case once again in July, with the Chief Justice of India expected to constitute a new bench to hear the matter. This move comes after the current bench, comprising Justices Bela M Trivedi and Satish Chandra Sharma, observed that the litigation surrounding the case cannot be allowed to continue indefinitely. Justice Trivedi, who has been overseeing the proceedings, will be retiring during the court's upcoming summer recess. Advertisement
The Amrapali case, which has been under judicial scrutiny for years, revolves around thousands of aggrieved homebuyers left in limbo after the developer defaulted on project deliveries and financial obligations. The apex court had, back in 2019, delivered a landmark verdict ordering the cancellation of Amrapali Group's registration under the Real Estate (Regulation and Development) Act and directing the National Buildings Construction Corporation (NBCC) to complete the stalled projects.
During the latest hearing held earlier this week, advocate M L Lahoty, representing the homebuyers, underscored that several aspects of the 2019 ruling remained unaddressed. He particularly pointed out the pending recovery of funds from former Amrapali promoters and officials. Lahoty urged the court to expedite directions regarding these unresolved issues. Senior advocate Gopal Sankaranarayanan also appealed to the court to consider appointing an amicus curiae to facilitate effective handling of the complex case files and legal concerns.
Submissions were also heard from Attorney General R Venkataramani-who was appointed as the court receiver in 2019-as well as from representatives of NBCC and officials from Noida and Greater Noida authorities. They presented status reports detailing progress on project completions and buyer possessions.
According to NBCC's submissions, construction on over 25,000 flats in Amrapali projects has been completed so far, marking significant progress compared to the initial state of abandonment. Additionally, NBCC informed the court that 1,953 flats belonging to defaulting buyers had already been sold. Another 1,490 units were recently handed back to NBCC for resale, after the respective allottees failed to register their bookings on the court-mandated online portal.
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