Amrapali case: Noida and Greater Noida Authority to appeal in court seeking clarity over dues
Greater Noida: Days after the Supreme Court gave home buyers the first claim of rights over the debt-ridden Amrapali Group projects and restraining Noida and Greater Noida Authorities from staking any claim on it, in its landmark judgment on July 23. Now the authorities are likely to appeal to the court, seeking clarity on how their dues are to be recovered.
As per the report, the authorities would also seek clarity on registry and giving completion certificates etc. The senior officials in both the authorities have claimed that their legal teams are reviewing the judgment and they have found doubts in some sections and for that they would seek clarifications from the apex court.
In its judgment, the court had directed the authorities to recover their dues from the sale of Amrapali Group’s other assets that have been attached in several parts of the country. On this matter, the authorities, as per the report, asserted that the value of attached property of Amrapali Group is not enough to clear their dues, hence they would seek clarity on how their dues would be cleared.
The authorities were asked to issue completion certificates and execute the tripartite agreement within one month in projects where home buyers are residing and provide them electricity supply.
“We do need more clarity on how our dues will be cleared, who will apply for the registry and how or whom the completion certificates will be issued. Our legal team is working on representation that will made on the next hearing,” Ritu Maheshwari, CEO, Noida Authority was quoted in TOI.