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SC seeks Centre, ED responses on plea alleging Rs 14,000 crore diversion in Noida, Yamuna Expressway housing projects
The Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI, Uttar Pradesh authorities, and several real estate firms. This follows a plea alleging diversion of thousands of crores collected from homebuyers in Noida and Yamuna Expressway projects. Advocate Prashant Bhushan highlighted a pattern of developers diverting funds and pushing projects into insolvency.
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hindustantimes.com
SC seeks Centre, ED response over plea seeking time-bound Jaypee group money laundering probe
The Supreme Court seeks responses from the Centre and ED on a petition for timely probe into Jaypee group's money laundering and project funding.
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thehindubusinessline.com
SC seeks Centre, ED and RBI replies on alleged siphoning of homebuyers’ funds
The Supreme Court sought responses from the Centre, ED, RBI and builders on allegations of diversion of thousands of crores from Noida homebuyers.
