Metropolitan Magistrate Pankaj Sharma ordered the Delhi Police to register an FIR, investigate the matter and submit a compliance report by May 6.
The court order came on a complaint made by 14 persons, who accused the company and its officials of cheating and duping them of their money.
The order was announced last week but was released on Tuesday.
The complainants said that accused Ansal Hi Tech Townships, one of the subsidiary companies of Ansal API Top Real Estate Developer, came out with a plan to develop a township spread over 2,504 acre "Sushant Magapolis" - a green hi-tech township - adjoining Greater Noida in 2008.
Believing the representations and assurances of the company, the complainants booked plots.
They alleged that they have invested millions of rupees but there was no sign of development at the site.
"Presently farmers are using the land shown to us as agricultural land," the complaints alleged.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.