Tag: Amrapali

Supreme Court asks banks to finalise proposals to finance unfinished Amrapali projects

Source:-https://www.freepressjournal.in The Supreme Court on Monday directed the counsel representing various banks, along with officials concerned, to meet the court-appointed receiver to finalise the proposal for financing of the unfinished Amrapali projects. The receiver, senior advocate R. Venkataramani, informed a bench comprising Justices U.U. Lalit and Ashok Bhushan that he is not getting adequate response

SC directs IBA, banks to meet court-appointed receiver to chalk out proposal for financing incomplete Amrapali projects

Source:-https://www.moneycontrol.com The Supreme Court (SC) on January 4 directed the Indian Bank Association (IBA) and representatives of other banks to meet the court-appointed receiver in the Amrapali case to ensure that funding can be raised for unfinished projects in Noida and Greater Noida. The court’s direction came after the receiver R Venkatramani informed that he

Consider making death penalty a punishment for corruption, Madras HC tells Centre

Source:-https://theprint.in New Delhi: The Madras High Court has suggested death penalty as punishment for corrupt practices such as demanding bribes and asked the central government to consider amending the law to impose stringent penalties to check corruption. A division bench of justices N. Kirubakaran and B. Pugalendhi gave its order Monday, while hearing a public