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SC seeks details of Amrapali builders’s co-developer

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The Supreme Court on Wednesday sought full details of Amrapali builders’ co-developer.

Amrapali’s Sapphire 1, 2 and Leisure Park are in doldrums as the developer was not interested to complete the projects.

On February 23, Amrapali builders told the apex court that 13 co-developers have come forward and are willing to collaborate with Amrapali’s unfinished projects.

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While hearing the matter, today the apex court wanted to know which company would be completing Amrapali’s Sapphire 1, 2 and Leisure Park projects.

Appearing on the behalf of Amrapali, senior top court lawyer Ranjeet Kumar said that Galaxy has shown a keen interest in some of the Amrapali projects.

The court then asked Amrapali to file a detailed report on Galaxy’s balance sheet, its Directors’ profiles and the audit report by tomorrow.

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The apex court has fixed the matter for further hearing on May 02.

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