Amrapali : SC Asks Banks To Release Balance Funds To Homebuyers, Despite Accounts Being Declared NPAs [Read Order]

In a relief to thousands of home buyers of the stalled Amrapali project, the Supreme Court on Wednesday directed all financial institutions to disburse their balance funds and restructure the amounts.A bench comprising Justices Arun Mishra and U U Lalit ordered :"We direct the banks and financial institutions to release loans to home buyers, whose loans have been sanctioned, notwithstanding...