HomeNewsBusinessReal EstateSC grants interim bail to former CMD of erstwhile Amrapali Group Anil Sharma

SC grants interim bail to former CMD of erstwhile Amrapali Group Anil Sharma

On the issue of sale of floor area ratio in compliance of an earlier order dated July 22, 2022, the court receiver on August 8 submitted an action plan for all seven projects of the erstwhile Amrapali Group

August 08, 2022 / 21:33 IST
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NBCC is the project management consultant for the Amrapali projects and is responsible for the quality and timely completion of work (Representative picture)
NBCC is the project management consultant for the Amrapali projects and is responsible for the quality and timely completion of work (Representative picture)

The Supreme Court on August 8 granted interim bail to the former chairman and managing director of Amarpali group Anil Sharma for four weeks on medical grounds.

A bench headed by Justice UU Lalit directed Sharma to surrender after four weeks once the relief period gets over.

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The court said he can be treated at any hospital of his choice but cautioned him against misusing his liberty.

Anil Sharma is lodged in Delhi’s Mandoli jail. The Amrapali Group's former directors, including Anil Kumar Sharma, are in prison after multiple cases were registered against them for allegedly diverting homebuyers’ money.