India, Jan. 28 -- The Delhi High Court on Tuesday refused to consider a petition filed by 81 homebuyers of WTC Group projects seeking directions to the Enforcement Directorate (ED) to restore funds and properties seized in connection with the real estate group's fraud. The court noted that a petition was already pending in a special court and the applicants can rather seek impleadment (involving a third party) in an ongoing plea.
The petitioners have booked flats in six WTC Group projects in Greater Noida, Chandigarh, and Gujarat.
On May 1 last year, the ED issued a provisional attachment order (POA) attaching funds and properties worth Rs.2,348 crore linked to the WTC Group, headed by Ashish Bhalla.The law enforcement agency had observ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.