Allahabad HC issues a contempt notice against Noida authority
ECONOMY & POLICY

Allahabad HC issues a contempt notice against Noida authority

The CEO of Noida Authority faces a contempt notice from the Allahabad High Court for neglecting to register around 300 apartments in Lotus 300, located in Sector 107. The authority filed a petition to have its previous order to register the units reviewed, but the court denied it, citing unpaid fees that the developer had not yet paid. The Noida Authority said in its review appeal that the developer had not yet paid Rs 1.66 billion, which prevented it from registering the units. Judges Mahesh Chandra Tripathi and Prashant Kumar, sitting in division, ordered the authority to execute registries for 300 occupied flats within a month on February 29 of this year. They also directed the Enforcement Directorate (ED) to launch an investigation into all promoters for allegedly defrauding homebuyers. A second appeal by former promoter Vidhur Bhardwaj, asking for a review of the February ruling mandating an ED investigation into the developers, was denied by the same panel on May 23. Only in cases where there is "an error apparent on the face of the record, i.e., the error should be grave and palpable, and it must be such that it would be apparent on merely looking at the record, without requiring any long-drawn process of reasoning or reappraisal of the entire evidence to find the error, as that would amount to exercising appellate jurisdiction," the court noted that a review is appropriate. Lotus homeowners pleaded with a single bench of Justice Rohit Ranjan Agarwal on May 27 to issue a contempt notice against the Noida Authority for neglecting to process registers within a month. The CEO of the Authority, Lokesh M., received a contempt notice from the high court. There are 330 apartments in Lotus 300, 300 of which are occupied. The head of the association, Bhuwan Chaturvedi, said that the authority had acted with "gross contempt" by failing to register the apartments in spite of many reminders. The project has been overseen by an IRP since 2022, after the National Company Law Tribunal's admission of IndusInd Bank's application and the initiation of corporate insolvency resolution procedures. The division bench had ordered on February 29 that the authority post all its claims before the IRP but continue with the registries.

The CEO of Noida Authority faces a contempt notice from the Allahabad High Court for neglecting to register around 300 apartments in Lotus 300, located in Sector 107. The authority filed a petition to have its previous order to register the units reviewed, but the court denied it, citing unpaid fees that the developer had not yet paid. The Noida Authority said in its review appeal that the developer had not yet paid Rs 1.66 billion, which prevented it from registering the units. Judges Mahesh Chandra Tripathi and Prashant Kumar, sitting in division, ordered the authority to execute registries for 300 occupied flats within a month on February 29 of this year. They also directed the Enforcement Directorate (ED) to launch an investigation into all promoters for allegedly defrauding homebuyers. A second appeal by former promoter Vidhur Bhardwaj, asking for a review of the February ruling mandating an ED investigation into the developers, was denied by the same panel on May 23. Only in cases where there is an error apparent on the face of the record, i.e., the error should be grave and palpable, and it must be such that it would be apparent on merely looking at the record, without requiring any long-drawn process of reasoning or reappraisal of the entire evidence to find the error, as that would amount to exercising appellate jurisdiction, the court noted that a review is appropriate. Lotus homeowners pleaded with a single bench of Justice Rohit Ranjan Agarwal on May 27 to issue a contempt notice against the Noida Authority for neglecting to process registers within a month. The CEO of the Authority, Lokesh M., received a contempt notice from the high court. There are 330 apartments in Lotus 300, 300 of which are occupied. The head of the association, Bhuwan Chaturvedi, said that the authority had acted with gross contempt by failing to register the apartments in spite of many reminders. The project has been overseen by an IRP since 2022, after the National Company Law Tribunal's admission of IndusInd Bank's application and the initiation of corporate insolvency resolution procedures. The division bench had ordered on February 29 that the authority post all its claims before the IRP but continue with the registries.

Next Story
Infrastructure Energy

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Next Story
Real Estate

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Next Story
Infrastructure Energy

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement