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Arrest warrants issued against directors of Ansal housing corporation


PTI

Gurugram, Could 3

The Haryana Actual Property Regulatory Authority has issued arrest warrants towards administrators of Ansal Housing Company for his or her alleged failure to ship the housing models on time and never refunding the quantity to allottees.

“To reiterate the probity and accountability of obeying and respecting the foundations framed for higher and easy functioning of the actual property sector, stringent actions are taken towards culprits,” mentioned Dr Okay Okay Khandelwal, Chairman, Haryana Actual Property Regulatory Authority.

5 complaints have been filed towards the realty agency on this regard, after which it was directed to refund roughly Rs 5 crore acquired from the complainants together with an curiosity of 9.3 per cent every year from the date of the receipt of every fee until the entire quantity is paid.

The authority issued arrest warrants for the failure on the a part of the promoters to refund the quantity to the allottees with curiosity even after a number of reminders.

The administrators towards whom the arrest warrants have been issued are Kushagar Ansal, Karun Ansal, S L Kapur and Ashok Khanna.

“To punish wilful contemner is critical to upheld the majesty of regulation. We’re responsibility certain to ship justice to aggrieved and create a stability between all stakeholders of the actual property sector. We received’t hesitate in passing strict orders towards erring promoters,” mentioned Khandelwal.

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