Metro World Mall

Sh. Sumeet, Engineering Officer and Ms. Asha Chartered Accountant briefed about the facts of the case. Sh. Nishant Yadav (Advocate) and Sh. Hirdesh Kumar Sahu (AR) are present on behalf of the promoter. The AR of the promoter requests for six weeks’ time to attend the deficiencies failing which penal proceedings shall be initiated against the promoter. The matter to come up on 28.08.2023.

Sh. Sumeet, Engineering Officer and Ms. Asha Chartered Accountant briefed about the facts of the case. No reply has been submitted by the promoter company against the deficiencies raised by the authority till 24.08.2023. In view of the same the matter is adjourned, and the next date of hearing will be conveyed after the submission of reply of deficiencies already conveyed through notice and last hearing dated 17.07.2023.

Sh. Sumeet, Engineering Officer and Ms. Asha Chartered Accountant briefed about the facts of the case. Sh. Nishant Yadav (Advocate) and Sh. Ravi Kashyap are present on behalf of the promoter. The Counsel in the absence of AR for promoter seeks three weeks time to comply with the deficiencies. One month time is given as a last opportunity to comply with the deficiencies failing which the application for registration shall be rejected and consequent action under the Act of 2016 and rules thereunder shall follow. The matter to come up on 20.11.2023. 

Sh. Sumeet, Engineering Officer and Sh. Ashish, Chartered Accountant briefed about the facts of the case. Sh. V.K. Jain (AR), Sh. Ravi Kashyap (AR) and Sh. Ankur Jain (AR) are present on behalf of the promoter. The AR states that part OC in respect of the building constructed stand obtained in December 2019 and the OC for remaining portion already stand applied after completing the construction as per revised sanctioned plan. The requisite consent of 2/3rd allottees already stand obtained and submitted in the authority and the compliance of revalidation of building plans, the requisite revalidation fee stand deposited in HSVP office along with application for OC and grant of OC is expected shortly and project will be complete in all respect by December 2024. In view of the above, the Authority decides to grant registration to the project. The grant of registration is without prejudice to the rights of the allottees under section 14 who have not consented to the proposed revisions/changes. Further the promoter has applied for registration after creation of 3rd party rights and separate suo-motu proceedings initiated by the Authority are being clubbed with the above case and the Authority decides to impose a penalty of Rs. 50 lakhs. The registration certificate will be issued after receipt of the penalty.