‘You don’t deserve any sympathy’: Supreme Court rejects bail plea of ex-CMD of Amrapali Group

By PTI

NEW DELHI: The Supreme Court has rejected the bail plea of former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he cheated a whole lot of residence customers and did not deserve any sympathy.

A bench comprising Justices Ajay Rastogi and Bela M Trivedi refused to problem uncover to the prosecuting firm on the bail plea of Sharma, who has been in jail for over 4 years throughout the case.

“You have cheated thousands of home buyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy,” the bench said on Thursday.

The former CMD of the particular property group and totally different directors of the company had been arrested on the course of the best courtroom after the forensic audit report revealed {that a} appreciable quantity of residence customers’ money was siphoned off by the administration.

It said the offence ran “very deep” and even the courtroom was coping with difficulties in tackling the problem.

“Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail. This court is very aware of what you did. You created the mess and we are not able to find a way out of it. A large number of home buyers are suffering,” the bench said.

Earlier, the best courtroom had granted Sharma interim bail for a few weeks on medical grounds throughout the case.

Sharma and others have been in jail after their arrest in 2018 for diverse offences, along with that of dishonest, felony breach of perception and money laundering and have spent nearly 4 years in jail.

They have been accused of siphoning residence customers money.

The apex courtroom, in its July 23, 2019 verdict, had cracked down on errant builders for breaching the assumption reposed by residence customers and ordered the cancellation of registration of the Amrapali Group beneath precise property laws RERA and ousted it from prime properties throughout the nationwide capital space (NCR) by nixing the land leases.

The excessive courtroom had directed a probe by the Enforcement Directorate (ED) into alleged money laundering by realtors, providing discount to over 42,000 residence customers of the Amrapali Group with the choice.

Besides ED, the Economic Offence Wing (EoW) of the Delhi Police and the Serious Fraud Investigation Office (SFIO) has moreover been investigating assorted circumstances lodged in opposition to the earlier officers of the particular property group.

NEW DELHI: The Supreme Court has rejected the bail plea of former CMD of Amrapali Group of Companies Anil Kumar Sharma, saying he cheated a whole lot of residence customers and did not deserve any sympathy.

A bench comprising Justices Ajay Rastogi and Bela M Trivedi refused to problem uncover to the prosecuting firm on the bail plea of Sharma, who has been in jail for over 4 years throughout the case.googletag.cmd.push(function() googletag.present(‘div-gpt-ad-8052921-2′); );

“You have cheated thousands of home buyers. You siphoned off their hard-earned money and their life savings. You do not deserve any sympathy,” the bench said on Thursday.

The former CMD of the particular property group and totally different directors of the company had been arrested on the course of the best courtroom after the forensic audit report revealed {that a} appreciable quantity of residence customers’ money was siphoned off by the administration.

It said the offence ran “very deep” and even the courtroom was coping with difficulties in tackling the problem.

“Yours is not a case of simple cheating. See the plight of thousands of home buyers. You cannot have our sympathy. You better enjoy being in jail. This court is very aware of what you did. You created the mess and we are not able to find a way out of it. A large number of home buyers are suffering,” the bench said.

Earlier, the best courtroom had granted Sharma interim bail for a few weeks on medical grounds throughout the case.

Sharma and others have been in jail after their arrest in 2018 for diverse offences, along with that of dishonest, felony breach of perception and money laundering and have spent nearly 4 years in jail.

They have been accused of siphoning residence customers money.

The apex courtroom, in its July 23, 2019 verdict, had cracked down on errant builders for breaching the assumption reposed by residence customers and ordered the cancellation of registration of the Amrapali Group beneath precise property laws RERA and ousted it from prime properties throughout the nationwide capital space (NCR) by nixing the land leases.

The excessive courtroom had directed a probe by the Enforcement Directorate (ED) into alleged money laundering by realtors, providing discount to over 42,000 residence customers of the Amrapali Group with the choice.

Besides ED, the Economic Offence Wing (EoW) of the Delhi Police and the Serious Fraud Investigation Office (SFIO) has moreover been investigating assorted circumstances lodged in opposition to the earlier officers of the particular property group.