Tag: Ansal API

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Lucknow: Deputy Registrar Nullifies RWA Registration

LUCKNOW: The Deputy Registrar’s office for Firms, Societies, and Chits in Lucknow has annulled the registration of the Celebrity Green F & G Resident Welfare Association (RWA) immediately, citing significant breaches of the Uttar Pradesh Apartment Act, 2010, and the concealment of key facts during the registration process. This decision was made on December 17. The RWA, situated in Celebrity Green, Sector-B, Sushant Golf City, and developed by Ansal API, was registered on July 31, 2023, under the Societies Registration Act, 1860, with a validity until July 30, 2028. A complaint by Sikta Mishra and other residents on October 9,…

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Bankruptcy Court Approves Ansal API Affiliate for Insolvency

The National Company Law Tribunal (NCLT) has initiated the corporate insolvency resolution process (CIRP) for Katra Realtors, following a petition filed by IL&FS Financial Services Ltd. Situated in Delhi, Katra Realtors had acted as a corporate guarantor for Ansal Properties and Infrastructure (Ansal API), which is presently undergoing insolvency proceedings. Ansal API has acknowledged liabilities exceeding Rs 571 crore, and IL&FS Financial Services sought recourse against Katra Realtors due to its corporate guarantee of approximately Rs 23 crore towards Ansal API. The NCLT division, comprised of judicial member Manni Sankariah Shanmuga Sundaram and technical member Atul Chaturvedi, ruled that concurrent…

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Esencia RWA Gurugram Faces Probe Over Illegal Deals and Irregularities

GURUGRAM: The district registrar has appointed an inquiry officer to probe allegations of governance failures, unauthorized dealings, and financial misconduct against the governing body of Esencia RWA in Sector 67. This action follows complaints from residents who accused the RWA of entering an “illegal and malafide agreement” with a neighboring housing society, purportedly permitting access to lay water pipelines and electricity cables without necessary government approvals. Complainants also raised concerns over financial mismanagement, highlighting undisclosed bank accounts, the lack of audits, and money collected from vendors without approval from the general body. In an order issued on Tuesday, Col Vipin…

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Lucknow: Ten FIRs Filed Against Ansal API in One Day

Representative Image LUCKNOW: Ten new FIRs were filed against Ansal API at the Sushant Golf City police station on Thursday and Friday, increasing the total number of cases against the real estate firm in Lucknow to 224. The complaints allege fraudulent activities relating to undelivered properties, including flats, villas, and plots, totaling over Rs 1.72 crore. Tanuja Krishna Dubey, a resident of Railway Officers’ Colony, stated that her late father purchased a plot in 2011 and paid Rs 33.60 lakh by 2015. Despite numerous requests, the registry was never processed. Following her father’s death in 2022, Tanuja claims she was…