The Delhi High Court has granted bail to former CMD of the Amrapali Group of Companies Anil Kumar Sharma, who was arrested in a case of allegedly cheating homebuyers.
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An FIR was registered by the economic offences wing (EOW) of the Delhi Police on the complaint of Anubhav Jain who bought 26 flats in Tower G-1 of Sharma s companies project Amrapali Silicon City proposed to be developed in Sector 76, Noida.
The Delhi High Court has granted regular bail to Anil Kumar Sharma, the former Chief Managing Director of the Amrapali Group, in a case involving allegations of cheating homebuyers.Sharma had filed an application under Section 439 Criminal .
Amrapali Group: The high court said a perusal of the charge sheet revealed that 50 witnesses have been cited by the prosecution and evidently, it is going to be a protracted trial and no useful purpose will be served by keeping him in custody.