The Supreme Court has sought responses from the Centre, Enforcement Directorate (ED), Reserve Bank of India (RBI), Uttar Pradesh authorities and several real estate firms on a plea alleging that thousands of crores collected from homebuyers in Noida and Yamuna Expressway housing projects were diverted and siphoned off.
A bench comprising Chief Justice of India Surya Kant and justices Joymalya Bagchi and Vipul M Pancholi on Wednesday issued notices to all respondents after hearing submissions by advocate Prashant Bhushan, appearing for petitioner Vandana Sabharwal. The matter has been listed for July 15.
