Sends all recovery certificates for being honured to the I.R.P.
- U.P. RERA has decided to file an impleadment application in the NCLAT, Delhi against NCLT orders relating to CIRP against Ansal API and imposing moratorium upon any action against the Ansals in any forum, including U.P. RERA.
- P. RERA has sent all the recovery certificates relating to the money payable to the allottees and the copies of other un-complied orders, issued against Ansal API, to the I.R.P. Shri Navneet Kumar Gupta. RERA has also sent communication to all the allottees, who had filed complaints with RERA, to promptly file their claims with the IRP in the prescribed
Form-CA. - While a large numbers of home buyers had been able to get the possession of their houses or received back their investments as result of the positive orders of RERA, now after the NCLT orders RERA may not be in a position to help such home buyers.
Lucknow/Gautambudha Nagar: U.P. RERA has decided to file an impleadment application before the NCLAT and challenge NCLT order of 25th February, 2025 in the matter of Ansal API Ltd. Thousands of allottees have made investment of their life savings in the townships of Ansal API at Lucknow and Gautambudha Nagar and have been waiting for the delivery of their houses for years. Quite a large number of the aggrieved allottees of Ansal API have file complaints with RERA for delivery of their houses or return of their investments. U.P. RERA has already decided 2825 such complaints and it was with the efforts of U.P. RERA that an amount of Rs. 125.39 Cr., payable to the allottees, could be recovered from the Ansal API. A large number of allottees are still waiting for possession of their houses or plots.
All pending recovery certificates sent to the I.R.P.
Ansal had still not complied with 1234 orders of RERA, 619 recovery certificates are pending for recovery comprising Rs. 113 Cr. due to the allottees and another Rs. 19.73 Cr. against 27 recovery certificates of penalty imposed against the promoter for non-compliance of the orders of RERA and violation of the RERA Act. U.P. RERA had imposed a penalty of Rs. 14.40 Cr. against Ansal API in six matters in the month of January when the promoter was found indulging in unlawful registration of sale deeds of plots without registering the land parcel in question with RERA. Recovery certificates had been sent for recovery to District Magistrate Lucknow in all these matters.
U.P. RERA has sent all the recovery certificates issued against the promoter, in lieu of amounts payable to the allottees, to I.R.P. Shri Navneet Kumar Gupta for the payment of the same on priority. RERA has also sent to the IRP the details of 219 orders pending under execution proceedings, for facilitating delivery of houses or plots of such allottees on priority.
Statement by Chairman U.P. RERA
Shri Sanjay Bhoosreddy Chairman U.P. RERA says that the Ansal API had been evading its responsibilities to complete its projects and to comply with the orders of UPRERA RERA has resolved to file an impleadment application in the NCLAT to not let the Ansal run away from its responsibilities and to guard the interest of the home buyers. It was also stated by Shri Bhoosreddy that it is for the first time since the commencement of the IBC that RERA has decided to file an impleadment application in the NCLAT, seeing the vast interest of the allottees at stake. RERA is also pressing upon the I.R.P. to facilitate the payments against the RERA RCs on priority.
