Amrapali Group Director, CEO arrested over fraud charges

Shobhit Kalra

Shobhit KalraBy Shobhit Kalra

Published on 24 July 2017 11:49 PM GMT

Amrapali Group Director, CEO arrested over fraud charges
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Amrapali Group Director, CEO arrested over fraud charges
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Noida: Noida Police on Monday arrested the Director and CEO of Amrapali Group in cases related to alleged fraud and evading labour cess.

The arrested duo includes Rithik Sinha, Chief Executive Officer (CEO) of the realty company who is also the CMD Anil Sharma's son-in-law and Nishant Mukul, director of the group.

District administration also seized the office of Amrapali Group located at sector-62 here.

The action was taken by the Gautam Buddh Nagar administration after company failed to comply with the orders relating to payment of labour cess amounting to Rs 4 crore for the last three years.

District Magistrate BN Singh said, "Action against the company functionaries was taken under Section 171 of the UP Revenue Board Act."

Meanwhile, Deputy labour commissioner BK Rai said that notices have been issued to 7 more real estate companies who owe the government nearly Rs 10 crore.

Shobhit Kalra

Shobhit Kalra

Writer has 10 years of experience in digital media. Presently working as Chief Sub Editor at newstrack.com. An avid reader and always willing to learn new things and techniques.

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