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Sh. Sumeet, Engineering Officer and Ms. Asha Chartered Accountant briefed about the facts of the case. Sh. Manbeer Oberoi and Sh. Pawan Kumar (AR) are present on behalf of the promoter. The AR of the promoter states that reply to the objections in the above project received in pursuance to the public notice issued by the Authority has been submitted on 01.12.2023 only. Office to examine the same and put up. The AR further seeks two weeks’ time for depositing balance registration fee along with rectification of the other deficiencies. The AR is also directed to submit the implementation schedule for completing the remaining works in the above project and the date of the units to be handed over to its allottees. The matter to come up on 11.12.2023.

Sh. Sumeet, Engineering Officer and Ms. Asha Chartered Accountant briefed about the facts of the case. Sh. Manveer Singh Oberoi (Director), Sh. Akhilelsh Lakhanlal Kamle (AR) are present on behalf of the promoter and Sh. Tarun on behalf of objection allottee Ms. Kamla Devi are also present. The AR submits that earlier the license was granted in favor of the landowners in collaboration with M/s Celestial Estate Pvt. Ltd. and later on the land was purchased by Celestial Estate Pvt. Ltd. from the above land owners in the year 2012 itself vide sale deed dated 07.03.2012 and an application for transfer of license was submitted with DTCP and in principally approved by DTCP on 30.05.2012 subject to compliance of conditions and payment of EDC/IDC. The AR confirms that the total amount of EDC/IDC has been paid and a formal letter of transfer is being issued by DGTCP. Further the AR of the promoter states that the license has been renewed by DGTCP on 20.06.2023 in the name of Celestial Estate Pvt Ltd with a conditional that the promoter shall deposit the administrative charges on account of change in beneficial interest within 60 days of HRERA registration. This project is being revived by Hon’ble NCLT and the promoter had submitted the list of claimants and allottees which was publish in newspaper inviting objections against which some objections have been filed stating that either their name is not in the list or there are some corrections in the details. The promoter has submitted the reply against each objection. Further, the AR of the promoter states that they will resolve the issues submitted in the objections related to corrections in the details and regarding the names not in claimants list, the promoter is complying as per the list provided by NCLT. The objection allottee present during hearing request for his claim as he was not aware that he has to approach NCLT for his claim. The project is being revived by Hon’ble NCLT and NCLT has provided the list of claimants to the promoter company. The AR of the promoter states that there is no order from NCLT regarding claim of the objection allottee. However, the objection allottee has a legal remedy and may approach the appropriate forum. The AR of the promoter submits that no further fresh sale of unsold units will be carried out prior to seeking of BIP/COD/Transfer of license from DTCP and its submission in the Authority and an undertaking to this effect will be submitted in the authority. Further the AR also submits that the promoter will submit two BG amounting Rs 25 Lakh each as a security amount for submission of fire scheme approval and service plan estimates within 4 & 6 months of grant of registration respectively. The AR of the promoter requests the authority to grant the registration of the project. Therefore, in view of the above as the project is being revived by the Hon’ble NCLT and DTCP has renewed the license subject to condition of grant of final BIP within 60 days of HRERA registration and hence in the interest of allottees in the project for completion of the project, the authority decides to grant the registration of the project subject to the condition that no further sale/booking of units shall be made prior to obtaining of final BIP/ COD/Transfer of license from DTCP and its submission in the Authority.