Delhi HC grants bail to ex-Amrapali Group director in 4 cases lodged on complaints from homebuyers
Amrapali Group director Ajay Kumar on Friday in four cases of cheating and fraud lodged by the police here on complaints from homebuyers in various residential projects of the real-estate company in Greater Noida, Uttar Pradesh. The homebuyers have alleged that in spite of the payment of the majority of the consideration amount, the projects were either stalled or abandoned or the possession of flats was given in a highly-delayed and incomplete manner.
Justice Amit Bansal observed that there are no specific allegations against Kumar that he was responsible for the financial matters, policy-making or administration of the real-estate company and his exact role shall be determined only after the conclusion of the trial, which is likely to take a considerable period of time.
«Taking into account the voluminous documents, the number of witnesses and that the trial is likely to take a long time, the applicant cannot be kept under incarceration for an indefinite period of time.
Accordingly, considering the totality of the facts and circumstances and the period of incarceration already suffered by the applicant, this court is inclined to grant bail to the applicant,» the judge said.
The court directed that Kumar, who was arrested in the instant FIRs lodged by the Economic Offences Wing (EOW) of the Delhi Police in 2021 and 2022, be granted bail on a personal bond of Rs 1 lakh with one surety of the like amount, subject to certain conditions, such as he will not leave the country without the court's prior permission and will join the investigation.
