| 30-Mar-2026 |
Ms. Neeraj Gautam, Associate Architectural
Associate and Ms. Asha, Chartered Accountant briefed about the facts of the
project.
Sh. Venkat Rao (Advocate), Sh. Purshottam
Grover (AR), Ms. Priyanka Miglani and Sh. Anitesh Singh (AR) appeared on behalf
of the promoter.
The Authorized Representative of the promoter
submits that a reply including the pending deficiencies has been submitted in
the Authority today. The Authorized Representative of the promoter further
states that presently service plans and estimates and electrical load are under
process and the said approvals have not yet been obtained as on date. Further,
the AR of the promoter undertakes to obtain and submit:
i.
Approved Service
Plans and Estimates within 4 months from the date of grant of registration; and
ii.
Approved
Electrification plan within 6 months from the date of grant of registration;
and
Further, he undertakes to submit a Demand
Draft/Bank Guarantee amounting to Rs. 25 lakhs, as a security deposit for
timely compliance with the above requirements at point (i). It is also
expressly undertaken that in the event of failure to obtain and submit the
aforesaid approvals within the stipulated time frame, the said security amount
shall be liable to be forfeited by the Authority.
The
Authority has taken note of the submissions made by the Authorized
Representative of the promoter regarding the non-availability of the aforesaid
statutory approvals as on date. In view of the above, and in the interest of
regulatory compliance, the Authority hereby directs that the promoter shall
submit a Demand Draft/ Bank Guarantee,
amounting to Rs. 25,00,000/- (Rupees Twenty-Five Lakhs only), in favour of the
Authority, as security amounts for timely submission of Approved Service Plans
and Estimates within 4 months from the date of grant of registration.
In
the event of non-submission of the above approval within the prescribed time
frame, the corresponding security amount shall stand forfeited by the
Authority, and such failure may also attract additional regulatory action as
permissible under the Act of 2016, rules and regulations made thereunder.
Further, the promoter shall submit Approved Electrification plan within 6
months from the date of grant of registration.
Approved as proposed subject to rectification
of deficiencies mentioned above at S. No. 31.
The Registration Certificate shall be issued
after submission of remaining deficiencies mentioned above including correction
in A-H form, Online DPI and submission of a DD/BG of Rs. 25 lakhs for
submission of Approved Service Plans and Estimates within the timeframe
mentioned above. |
APPROVED AND READY FOR CERTIFICATE ISSUING PROCESS |
View Order |