In Brief
This case consolidated multiple petitions by home buyers who invested their lifetime savings in residential flats in Noida and Greater Noida, but whose projects remained incomplete due to widespread fraud and fund diversion by builders, particularly Amrapali Group of Companies. Home buyers sought Court intervention to secure occupancy of their properties despite outstanding dues owed by promoters to authorities and banks. The Court held that innocent home buyers cannot be denied occupation rights due to promoters' defaults, and that systematic fraud involving creation of sub-leases and misrepresentation by directors warranted urgent judicial intervention to protect vulnerable consumers.
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