Home India News Enforcement Directorate Raids Supertech Premises In Cash Laundering Case

Enforcement Directorate Raids Supertech Premises In Cash Laundering Case

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Enforcement Directorate Raids Supertech Premises In Cash Laundering Case

Supreme Court docket has set a 3-month timeline for the demolition that ends on November 30

New Delhi:

The Enforcement Directorate (ED) as we speak carried out raids on a number of premises of actual property group Supertech in reference to a cash laundering investigation, officers mentioned.

They mentioned at the least 9 premises of the builder group and its promoters had been being searched by the company within the Nationwide Capital Area.

The Supreme Court docket had on August 31 ordered the demolition of the dual towers of the Supertech Group in Noida, which had come up in violation of constructing bylaws.

It had set a three-month timeline for the demolition, which ends on November 30.

The case pertains to the realty agency setting up two 40-storey towers illegally on its Emerald Court docket housing mission premises with over 900 flats and 21 retailers within the towers.

Residents of the housing mission claimed that their consent was not taken for the dual towers, which had been being inbuilt violation of norms, and moved court docket.

The Allahabad Excessive Court docket had in 2014 ordered the demolition of the dual towers with the Supreme Court docket upholding the decision in 2021.

(Aside from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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