Signature Global SCO 88A

Sh. Sumeet, Engineer Executive and Ms. Asha, Chartered Accountant briefed about the facts of the project. Sh. Anurag Srivastva (Manager) is present on behalf of the promoter. The AR submits that the requisite deficit documents have been submitted on 26.08.2022 and 05.09.2022 in pursuance to the deficiency notice conveyed by the Authority on 25.08.2022. The same has been examined by office and still there are large number of deficiencies which are to be rectified by the applicant promoter. One weeks’ time is granted to the promoter for their rectification and their confirmation by the office. The office to also check the status and right of signature global, in whose name the above sites are proposed to be sold and hence their legal status be also checked. The applicant promoter was conveyed the objection regarding the date of validity of license which was required to be got done from DTCP being the license issuing authority, but the applicant promoter has submitted copy of license by over writing/cutting at its own level without seeking the requisite amendment from DTCP. The promoters are hereby warned not to indulge in such type of practice and a confirmation regarding the rectification must be obtained separately from DTCP.   The matter to come up on 12.09.2022. 

Sh. Anurag Srivastav is present on the behalf of the promoter. AR of the promoter requested for adjournment in the matter as the promoter may take 2 weeks’ time to rectify the defects in the application and to submit deficit documents. The matter to come up on 27.09.2022.

Sh. Sumeet, Engineer Executive briefed about the facts of the project. Sh. Anurag Srivastava (GM) present on behalf of the promoter. There is an error in the date of the license validity which needs to be corrected by the DTCP. AR of the promoter has informed that they have already applied to the DTCP for necessary correction. The service plans and estimates have also not been approved. The AR of the promoter submits that within 3 months the approved service plans and estimates will be submitted in the Authority and as a guarantee the promoter will submit DD amounting to Rs. 25 lakhs which shall be forfeited in case the approved service plans and estimates are not submitted within the allowed time. Subject to above the Authority decided to grant registration but again at the cost of repetition it is only after submitting the corrected copy of the license and submission of DD amounting to Rs. 25 lakhs.