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His wife Pallavi Mishra had assets worth about Rs 1.75 crore.But when the SC asked him to disclose all his assets, he pegged the worth of his total assets at only Rs 67 crore. The bench, however, had on Wednesday took strong exception to Sharma’s allegations and asked him to remove them from his affidavit.“The applicant clearly denies any such allegation (of not disclosing assets) and most humbly states that there is no property belonging to the group the details of which were not provided to the court,” he said and also gave the details of assets which were sold after 2014 and the properties taken over by the banks for not refunding the loans.As per the affidavit, Sharma owns 74,17,675 shares in 16 companies of Amrapali group. As there was a huge difference between the assets declared by him before EC in 2014 and now, a bench of Justices Arun Mishra and U U Lalit sought explanation from Sharma and directed him to file an affidavit giving information on where did assets worth nearly Rs 750 crore “vanish” in the last four years.He also told the court that details provided by homebuyers’ lawyer M L Lahoty, who had brought to the court’s notice Sharma’s affidavit filed before EC, was “wholly misconceived and factually incorrect”. NEW DELHI: Amrapali group chairman Anil Sharma , facing Supreme Court heat for non-delivery of flats and diverting homebuyers’ money to other projects, has explained discrepancies in asset declaration before the Election Commission and the apex court saying he had declared just the purchase value of the shares instead of the market value before the court.Refuting allegations that he had not disclosed his full assets before the SC, Sharma said in an affidavit that he had declared the market value of shares before the Election Commission while contesting Lok Sabha polls in 2014 on a JD(U) ticket from Jehanabad in Bihar, pegging the total value of his assets at Rs 847 crore.In his affidavit before the poll panel, he said he possessed movable assets of Rs 815 crore, Rs 2.15 crore in cash and jewellery worth Rs 3.1 crore.
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