The top court zeroed in on 23 “dummy companies”, which the real estate Group claimed to be created as special purpose vehicles (SPVs), and sought their details of incorporation and bank statements.
It asked Amrapali Group to handover all the laptops, computers and hard-drives used by the company since 2008 to the forensic auditors appointed by the court to audit the affairs of the embattled real-estate company.
A bench of Justices Arun Mishra and U U Lalit, grilled CFO Chander Wadhwa, who earlier claimed to have had “memory failure” during questioning by the forensic auditors.
It also asked the company’s two internal auditors, Anil Mittal and Ravi Kapoor, to handover all the documents related to the Group, warning them of jail term for non-compliance.
The court, directed the banks which have accounts of Amrapali Group to release the statements of the 2008-2018 period, to be handed over to the forensic auditors in three…
