NEERAJ CHAUDHRY AND MONIA CHAUDHRY vs COUNTRYWIDE PROMOTERS PRIVATE LIMITED

Nen ch3!dhry:Dd MoDa.Mudhry v/s BPrP Lin*ed I 1 N(tur hrld,ry rd Mon r.hiulho vA BPrP r m rd { r! rdhrv d Mon a.hrldhrr v/sBnPr m pi HARERA GUllUGRAM cs,,st,i, J T qli 4!!l!94 !f/1111!!4 .hi aririf4 v/s BrP Lm ri N*nr.ue yot oohcha(s4v/s BmP Lmr.d N.

Fr !di. rni rbiir.h/ ia\AlPrP N*to cMld,,y:Dd Moru chaudhry v/s BPTPLd !d N(! . udhryii Motu? aMur,av/s BrrPr,md shn sanreev shanna lAdvo.at l aLons wlth NeeEl ah.,udhry .o pla,nrn{ ho r irperlon Conplaimtrrs sr,rrenk.tRaoandsh cunFn(unr(Advo.atct Respondmtno.l Respondcnt no' 2 L trc o,de, shaLl disposc or 10.onrpla trtstided abovc liled before this authority !Mer se.non 3l ol the lteir r$rt. iReeulation and ueveloptrEtrtl Ad,2016 (l,.,.i,,ahs11.red i5 tha,\.t lrr.lrithn'l.lnorthellaryanaRlalU{Le (rt.guanon.ndDevelopD,entlRtrl.s,20lTthe'emfterreteredas'(hertrler l for rorrbtr or $dion 11{4lG) or thr ^d whe,e tr r is inter aria pres.ribed that thc promo(er rhillbe 'esponsibLe responsibilities atrd lu,drons to the auottees as perth. agrccm.rt lorsJle erc.ured Lnterse paties cmanating lrom them .oDplai,rant(sl in the above .erered nr(ero arc allotiees or the prole.r ian,.ly, AnaneGiftlen',se.u dr. r.spondcnt/promoter i e. :,rA m.DB fuldun orrhe tsue involved in all th6e .tr*s pe Jiis ro f,'lure on the part ofthe p.omote. to deliver onely l serking td ofpo$es'on and delayed posEsion chalg.s rnd oth.rs.

Trcd.ta,lsofthecohpl,nnts,unn',o,dateofasr€Erent,possessionclause,ilue dre orf orsesiotr, tobL sale considention, tohl paid imount, aM reLiersousht rre gLvenitr rhetablc bclow !m{ AuN nD; . :. , " ..d"- : clau9,',"eoahhbdp*bd"shollm{r'9b]41 b fa'e nat.!re dalntdneq hkdentian of ont) turchae(, hovks ttnet! @npthd wth or i6 obtiqdior.

Io.ndth' o n d / a r d o cu mn ati o nt c s p rarb.d/ rqu a tu tt b! rtter/antntrs Nny under this astmdt ond Nt b?hs n dEo t urd{ ory poh ol tht pnthent ol dtt intuttn46 of the r6t aI prcperr the xtt.r/@tnrnks pqdlrhdtt otkt .he,as. kt .he,as.sbn ffHARIBA gP- a nl(,RAM afme ltut b rhe wrchav4, ikh a penod af 10 nbnthslron or. da.eolxe dMolttw hqer (Pate D 63 oIapM , E "eruE Pedod" relerc to addit;onot Ptbd ol 130 dars oi.r the e4iry ol the .ornkhenr ptkd Iot noans on olld otposesston o lmr I tPe, ^ 6e otn,ttt fr HARERA qq a,LrRLr(,llAM * HARERA cb cL nL GaAM rhe ra.6orall the compraints fi ledbythe.omplainan(sl/alloeeGl aresimila. out of the above nentioned casd, the patrn\lats al le d ase CR/2292/2o23 t\rled as Neenj Aaudhry an i tionh Chotdhry V/S BPTP Lintrzd' are heing u ken Lno .o n sideratio n ror deternmins the iishts o r the alloteeGl.

P.ojed and unu relat€d dcbils HARERA i s Ne-++4Eqqi The pani.ulax ofthe prciect,the d etaih of sale .ons id.raloq the anount paid by thecomplahant, daie of prcposed handins dver the possesion, delav peiod, if any,havsbeen detailed inthe followinCtabularform: cP/2292/2o23 titled as N@mi chdudhry an l Monh aaudhry v/s BPTP peb!!

I I Nane ofthe prciecl "Mondaran!t&91!r 4!ql9!4ri!nl f-e.:ffiffi sector T0&704curu{ran 3 ProiedtrDe Res id ential Gro up Housi u colonv REr{A reg'-rc e,l/ nitr 5<ot2021d ed21092021 \, p{p g!no 13 run!4!!l l-" [^s per l!]lrj!:!3 or cdnplaintl [^r per I)eAe m 13 pr.inrL!!]t!l us,G -- (.L ,.r DtrsP no 21oI(nPL, nl Baraj F,nan.e !.td hasasr.ed ro sr taloin orRs.e0,00,000/ h th' h hrce hqtcuz cir4tnn es, nturettan al and Purthov4, hwin! rinett canpt)bd tun alt it obt\lto oB,Iarnd tu! d /ar dulhenta ors a\ peibedhqrsiet br etk4anJhrin! pcny. undet ths qqenenr d tnt tu s h delo t unda cn! pqd ol thr og1eherr, ineludhg bll not liniid b lhz nnEu Ntner aI atl nstutth46 ol the tunalp Ent rhe *ttet/.ornrh)rs pa$/ shotl aller the pu-$t 't h. ltoat h dt Pu\ho\e4, q nha t pd ot1 al 10 nonths tmn tne dou ofa*udon ol lNt bryd oqreed l-* Not.: cilculated rrom the buye.'s asr!!!!!lll HARERA GJRJGRAM f Gs pdpaaeno 1419!

The.omplainants have made th. lbllowin3 submissions i. issions i. the ohplalnt: I ThatuponthereoresehorionbyrherespoDdentsandadveitisementdonein sard behrll tlr liesrrondcnc was to con{rud a rcsid.ntialstuup ho!nnE s sEcrqRT0A" on p .eLorland lo.at.d is d,e orisiial allotee/purchaser whercin the .omplainint showed d,a int'c* Ln pu.hietr3a 10 Fsidential units w(h th. .espondetrt xu1 whi.h int.rcn was shown by the .omplarnant upon tl'e nrdr..ment made by respondenb that the projedshaLl becompletedotr rima rnd shrlL be .oD{n.ted k3epiig ir place dre highcn connructi." _'r"d' dnbbed it[ ]ll tr,od!rn laol ties ThI upon the abose srid Lndu.ement the complalnrnt harci. book.d and ms arlorcd 10 rl.sideniialunits,n rhe proie.t vide 10 separare .llotneit dnrsiLl,ir.d 0:l03 20ls Th.detalh ortheunic booked isas follow: n n n n in ; a ; i d $ $ ; ; ; w w w 5 3 l a d d ; ; ; &a;; 4 i t I !

0 a a = r +::@ +4-** .* ffi],m.q *HARERA GU|lUGRAI,TI !15499!!1r s to b. cxcntel however evetr 3fto' I eperied rcLtuen nrde by urc.omplaLn,inr rhe respotrdent till dat. has farled L\rit[ respedto anyolthe unn.

Thatlrfrherthe.omplintrtrEDordertopurhaselheunits'n'iue$ionhrd ro,r)ll.rn frdn Ilajaj Finame LifLted to the erkDt of32q0 orthe.o! of .o*of R'10,37,'r2,!13/ foralL l0[atn rLnri(d i'd prid lrI BaFj Finarce r.innad .,holirrns h Rs3er,s0,000/ :nd th. .ompLri'ant was to p:y Rs r,9s,42ss3/ The.omplii'iaithasalradygorthe tr$alrnenkpaidtrom tolal sun, or R!3e2s0,000/ (ror aLl 10 aaEl and roDplanunthI piid tuo'nhisolrtrsour.etoiherriaorRs r 7s se,332/ (ror 'rhd d the n'ne orsvailing loan from the SaiaiFi.an.c Lmrted, a tripame ilso entered in be6eetr comPl:riank, 'i.1. thltr en]Jl d ad 16,06,2015 and 2o 07 r011 3str'ed thc .ompL,,n)d$ thrt the pos3sion of the unts rn herein havi4booked the u.its in questidn panendy waited td Eceive rhe a.tual physi.al possesion olrhe unlis in question till 0l.03.20lT i e thedate of posession as prcmised by the respondents, howvdr on 01.03.2017 th€ rcspondenb spress. nb spress.d thzt due to some reason the prcjed is slishtly *HARERA T;;;;;; ] S-GURIGRAM I ' ;";,;.. deltryed iid rhar havi.g sid so po$ersion oftheunlts in queshon shall be handed ovcr at the earlie$.

YIII.

That believinC in thewods ofthe respondents the complalnaht duly kep! pay,.g dre EMI to ihe bahk lll Novembe.2017, however seeing that the proied was hr away ltum .ompletion even on said date and due to cetuin otherpeEonallado6could notpayEMl to the Bank lhereafter. rx.

Tharthoughthefaft behgsutedinthepresentparagraphisnottoconcem with rhe presetrt .omplainant however as abu.dant Dreaution of not .on.ealins lads fron\ d,c Authority due to some fi.an.ial dispute the .omDla,mDt holrcv&seeing thatthepro,edwashraway fron coDpletion and due to .etuin other peFonal fatud ould not pay EMI to the Ba.k thcrearte.lhe r-iian.,alinnitution issued notice u/s L3t2l olthe s^Rr-l:sl Ad upotr the.ompLainant whi.h wa. dlally nevo s crved.

Therea rter, on 20 0a2013 the bankins nulndor even wthotrt wr(Ln8 for expiry or 60 dtrys period i:sucd dotice uider s{tion 13(al or the sARFEsl ad upon the .omplainanb Thit ri order to setL. materwith the fi Dancial in*itution oie ns inrved bythc.ompLainants for I total rmotrn(orR!701-rkl,pcrll in(lhadp3idanamountof Rsr,rl,30,3ts/ nate alzed lll end !s in oder to value {rnd lry th. $tledem l5I, thc.omplalnrnts waited to scll theun(s rn qtre*ion rnd thus.equesed resrord.nts here,n to grva updated natearetrt orr..ounts as also poseslon ot strmc wh cl ti,s never provideJ br rl'e x That haring sanl the,bove ard lrhi.h dtrpute qu3 the.omplainanl iid hian.nl ntrrtlltrr, r.spondena, till dfie th. rtspondarthrvetrilcdtoolLTles,rlfo*asionof theuntsrnqueniontothe .oriplinrD6.As on d e the respotrdenu h?ve akeady re.eived an amotrDt iR:; or Rs 10,63,0e,332/' asain* the tobl price of the 10 units, howwer the po$esion of rhe sane has not been dllered Thus, the complaimnt approached this Autho.ity dd 6l.d a oDplaint relatln8 to Esue relating io delay ol pGt. ay ol pGt.$lon .harges by invoking the jurhdidion ofrhisAuthority unde. section 13 ofthe Act,2016.

Fuiher, the rsseses her ri8ht to file separate complai.t for compensalo. as and when required beldre the approp.iate fo.um/ R.licrsousbt by the complain,nt: rhe.ompli, inhhtrvasolshtrollowinsreLIe(r) L 0fedihsre!pondcnttoolterthepossesionoftheunitinque$loitrndbe handPd o'c. immediitely. ll u,re.t rhe resp.ident to pay inrcre* for delay posasion.hargcs hllthe 'r'l,a|Iesenr.o]npLa'nrhasbe dedd,2l0s2023asain*theldoresponderG mmdylv/s BPrl' Limtedand M/s countryrvLde Plonoterp vatelimited rhe a.ply on behtrllorrespondent no.

1 {BPTP Limitedl was re.eivcd on 06 02.202, rtspoidenr no 2 (M/s countrlvdo PromoEtspn%te limitedl rarled to put in dpper n.eberorethe authontyand rlso ftrLled io fi!eanywriten reply li viPw ofrl,. ame, vide or.1.r dated 23 012025, rhe mater was proceeded ex pate aE e$opped hy their ads, onduct, ek from filin3 the preseh! omDlaint That , otr rh. dd. olheinig, the truthoity cxpla,ned to the respondsnt/ptumorer abo(t 0re..itrtrvefnons rs alLes.( Lo hile baen.ommited Ln relr.oD to +.riotr rr(4)(al orthea.t b plerd strLLtyornotto pleadsurlty D.

Rcplybytherespondentno.l Llr lhe.espondeitno 1n.ont$tinsthe.!nrplaitonthelollowinggrounds: s n,bntted that thr mslint complaLnt k unrenabLe both 'n hcs ud n L,w3rd isliabletobererected ontbissround alone.

That the complainank &qurescen.e, la.hesi o.rissions, B HARERA db d mk nm.r Jn.ethsAurhontuwithd.anhands rd l, sufpre$ed 'ital and mrlerrl rrG rrom thn Authoriy.

The.ored racts are set out in thesu..*dnig p,rasorth€ prescntcpLy Th*rhe.ofrpl.rinanB apprG.h.d the cspondenL and expresed intcrcd in thebookiig otuetr indepcndent r.s denul,loor ii thereal edatc prorect Pror to the bookins, the complaio ts .o,duded e{nrrva and in.l.pcD( atrd otrLy arier beins rully it dred that (he!

Look itr $depend.Dtand info,ied de.nion, uninfluenced Ln rny manner by the respondenc, to bodkthe floor in quc*ion thoough thatr ippli. atr ippli.inotr rom dated 19.03 2015 Tha hrr.afte' 1),e booktr,s requen orrhe complamDts wa a.cepted ly 0reEspordpi6andanallotmeirLetterdatpd20032019 rstssuedtoth. .omplananc hr the aoor bea.ins number cs€cF tentrlvdy rrm.asunns2Sl2sq rt The.omphinarc.oDs.iouslyandwilllullyopted o'"p.. \.o radprr.n'tl,- o',cmi"'. ofvL .o'\d-d o' ro',Fp 1'rrtpuonroa'."''"pre\e "d 'o d," '.\Dondenr d'r .tspondeits had Do rcason to suspedthe bonafi de of the.omplainants and priraeded to: orrh. !n( 'n qre+Loi 'n th.lr r vo rherearter, a noor buyers aqr..meit d.ted 24032015, was e{e.uted bdsFFn 'hd!o'nplc'rd' .dnd rn"re\pondq. ihiran 16pondcr' -o I "d n-,".00""- qJfd' .p,.de'no./Li" n", r'o'hrmincpJr) That rhe rpspondent no 2 r the li.cnsee rnd r neither a naesary and proper paty to thep.eseni.omplaintand norany relief hasbeen $ught b, rhe complainant asah$ the responded no 2.

Hencq the nme of the respondent no.

2 should bedeleted tom rhe aray or pdi6.

Futhernore gHARERA 4. r,rnrrr,nmr rhe litsrr uiscois.iouny aDd voLrntarilyexecuted betueen thepafries and ([etenNatrd.ondtrionsorthcsa]ncarebindingonthepafties.

Th the .omplainans had ava,led nnanotrg facifties hom Baiai rinan.e L m ted to nake dE paymert again$ thc trnit by lvay ota housing loan or tu9d07,s37l and a..ordinsly a tipanite as.eement dated 26.0320r5 wasexe.uted belweei lhe !){ial eto mentiotr that under se.tion s orrhe olFinan.ial isses and Enforcemeit or sc.uritv rnteren ^( 202, (hereh:f6 returcd b 5th.'saRFAEsl ^d'1, r.onnntrnon conpa.y whrh has been regi*crcd under section 3 olthe SARFAISIAd.

Sedio.

S 0fthe sARf ESr Act is rererared hereunder for 5. aqubtuon olristu q h.ffiiafnnndd hseb.- o) \atu)dsbidis qrythiN r qha (r) d $qrt rdet.rtute hndq rDa6t v.vttnthe NtuEal i.i.mv.,J o15)dq pn r!@t qo @ndnpns r noy b.nr@d !@r bdEqldq. q h 6c n +. ot)lth r\lr.irl rse6 io !!d @nPory q e4 t.n5q OA)Aiddur. .E Edttorbankqnnqnddnin nr utd. ab enDr11)rlatoraltub)d'!!Lr(nurturlht qmqln . ht qmqln .io 6rt h' r! rqu4 ll oir tla: Nnptudtan*'nprqr oliore vtr dc p@q'at' oledan 3F rj Lr-" hdtdn lrn! ad, 1qee a al i 3e, tuoqd.d tlEt6. {w5aru 4rhn 'k )4ror rrNtqDt!tueredt ft Eco vnan wpant b lot e) rt dE ren r nnq\ut nmDn6qt!de, it t-4 DrbqtlruKEl 6a6 qrtd !nt{ eb n.n lll rt hnE brde. a\ddtthe.irrtot\d brnNot lh .blntu Enshdtw, tt \dr anprry u.adar b w t liatalaf.t lr^) qthe bq tnro,.otu:di! u 6raainelq nah\ u.te or hkBt -4 h :4R patnqt olary laqid asrsnn trltveo,rh@ibb 6€t:ad.bhLdtk ot hbts^hott|ei a$non olv.r eB und{ vE (3) udes otra\|le 4v-nt {a\]da bt dt acl rt mto.6, d..ds, bard:. asredntm!, po||{5 otab u, !ruts ol hed rep.6. odon, da.vraabredhr o6w'. ord dh{,nitrn 6 iwhre ttn.ct a:tu od \|hd qe atunnq q hNiw 4l4t ida.d)o@tt b.hE rhe uq'Etn, afn&a.kt ilft hdu sub-t{u 11)andbwhnhthe .arcq bqnktnnor.dDituri B o paiy q finh ce )n lowo .l :!dt rarr u lion tut n!'tufra shdt, rnt the aqr$nr alde fin@<iot bqaadaq eenhrc.d aded lp 6 tutt od d.drcty as t, tn.he ptEe ofde nd blk u,ndEtot -4'tu tue dov be rad b@ a d tl hq. aIa5* re@6ttudton tl) tt oh thed ?aJogu\ @n oflra"dd^.ahd/ i)b44n@ l1),ary srr, atpert o$q p@utat otrho ti\ tat6t 'pendh! r@ nlthete,kotlnonadtBtu tusrw d@ | u lr i|al $ aI rre td )A't t$t I otteah) he nne t ow we,4udEbu atF.Ed bt re{u of.h. qrddol oJ tnanoal asnr bt t o$d rtmtulda t:qP@tv h-4 prceeniryoq bc@ wet !64n.d ord 0hrc.d by t5) on oquadq oI [email protected] BeB !4et eb.edrc" 0) d. tet ltut o1 4t ulhatu nLoa o$ktn4b4re treDeh6hrrprytibthd th? hp@the rab|Nt q lDt. do. herAldqirhrur? pv@?bt ebsnlhan oltE now n rry aid on a(t* q v.h upptnua+ rdt!r:ode,r dE 'lrsnilha alrr IE?PiBB swPrndl vii. rhatinac.ordan.ewith thearoEmendoreds.dion s(11(b), q4 nnanc transfercd 3 Chree) loa. a..ounts and is Fority interes to an assd reconsFucrion .ompany khown under the name a.d sqle of Phoelir ARc P{ Lid. vid. an asisnment asreenent dated 03,12.2013.

The borow€G *FARERA & annnru aid security inrere*s beins tansleiied were as mentionedi. entionedi.schedulel ol rhe said a*isnmrnt agreement, trh,.[ arereite'atedhereunder , Npp.ajchaudhryandllonikaChaudhryi That otr1 of dE dree lotrn a(onnts and secuntJ intere$s having been trandencd, on. otthem Ls orthr.otr,pLainanb.llcn.e, in a(ordrn.e wtrli rhe aroremannoned sedioD st2^l sedDn 9(3), ind s{tion st4l 6 on 03122013, Pho.nixARC I'v!

L.d repia.ed &,aj asalenderin Glation to all the LoiD i..oui6, thc se.uity interen, the riBhE rnd the oblisations arkins trom th. d LoJ x.cou'ts; atrd rhe t'pa ite agreement drted hPhoenirARc Pvt Ltd. tran:ter h ilso c egorl.ally notcd in the asiSnmeit asreemcnt datd 03.12.2013 The rclerant clauscs 2.1.1 and 212 are reiteEtcd bclou Ior referetrce clauses of A$LBnnentAereement , 1 1 rr. tun6 h.Qb chorLrse 6 prc\Ep5 tt sAR FAE Ddet 4 lr tu t tt id b enar ttl) !11 b oqttan(LoraruPryce ) io|2 ,*, J"lri.t - ".,d h r. ^Nq-., e Ptntt x te Ptdrp r\i4rr, b th ^54@. a\ lfu aI{4 artnbr\ ath hren qd tn the akitd rnNn@n banqd, bN A\t!rut q h. tle 14d ond turefdd oht 116. t.@8. n r. adhory @!! d 15 tridi, &r4s , oid /i@1 rr Llknw Dd! abttttt. , odrrrdlr oadrrtwobt 5a6,^a!n ddtr\{ 6wiibrdbr t(, th),1de saRt^L! n rjLD ht in? obdrd! tN tRUsfk.6t r4.olnehk!:alth.rqa,Nqqp66 ed r! dE boE? p!6w rrl'rt trAr Lh. )tiarc srdt hekan{ be elhd b tu d. tnt qnd Fn dq{t lry rr,n rt n t L \at \h! il]jno!.Ifn],,ilillhb/i nat6nq eqaarlot d. ttof6eA$arutr hd4nr HARERA GlliI]GRAII ri?

A$ienu o, nad lran 6r anlrye N@ lo4h4 6ta6 h totqr olbs r$sn4,dt i5 ner6 rd.. ataa nld tuEl1 !'dearak nyht.*nre 4t xrr reNtndtLlth. turs,',hkr rt Asitlot b iltird b riz ^$'tr- idt r@e rt nsht b qkrte std unB EdEed hqehfu tuwrtu 6.cpqn4tatb?hq6 d b uer& dtoh{..sha ofke asient h sarq idt ma{qadiw. q q6-"b enqn te/ddlq4 @ dE asts andydk.h.ne@ntl'!por!46,hldrk,gEl ix.

That in a.cordance wuh the above prcvisions or rhe SARFAESI 4.1, 2002 and the assig.ment agreement dated 03.1?.2013, PhoenlxARc Pvt.

Ltd is .onsidererl asrhe lenderof theloan arcountotthecomplainanr. mplainanr.ndall the rights a nd ob ligations arn ins in.roiio m @d th e rjpatiE agreeme.t dated ssL dietomL-nanB.

Phdenu ARC P( .rd,ndLEre p.ndenB.qo' c"..of Ff.'ft0..Br,.,l.nrn.eLimi'.dd Pr,oetrLr ARc Pirit!

Limtc.l (rr rr&l1o a was also .omtrrutrLc ed .ompla,nants b) the lender droush a leter th the s dr$ gnmentd,d noialt., theo make rl,e prynent as per thc asrccd terh. to the r?spondents ard rhe dated 30.05.2019 At this $asa hllsalion orthe.omplairuni to 1Le rr p,frnarSpement.

That thesaid hr ihe .on,phi,anh on thc cL:r ahd !onold'n"' . d '" ordm 'h t( orermblo Bhnh l|-FEredhereunder dt 'twzm' 6 rqBrtd 4 the BonMeB, dehdr hr ont esan *hoM*{ n tuheh/h q bt ood btu@ de Bonav.d orr.he 8uitd{/Dewbq" {i Tha! in accordance with the above, lhe disbu6enent was hade b, the leDder That at ibis *ase, h is ndt out ofplaceto bke noh the tad that as per ihe payment plaq all three h eiones ofpayme.t (i.e., bookin& frrhin 1s days ofbookin& and atthe lme or ofer of possesion) have beeD duly re,ched and a..odinsly, demands were r,ted.

Despite the fad that th. *HARERA & c,rnrnnml nrrd ofldc ndraru .ir msamnm the de\elopmcnt o, the prore.r the rtspdndeiG rehtly.ompleted rhe .onn.u.(ion of rhe proled .nd the same was theleafter hsued on re0qz0lT rh onceatrrppl,. iotrrortheCnnroro..upaiion.atituaG rsuDntrted rorrfp'omliitheoffi.aorthe.on.ernsdsbtutory3ud'o.iry .ontroLover the sanre The sEnt or the of the .oncerDed *a(utory puroued the hdGr r(r' llrc .oncerned :uthorn, ror obbinins d'a o..upatotr.e tun e Norarltorl3pse.anbeatributedioth..e:pond.nB I th. case.

The.elore the lhe penod trriLized by the nauory authonry to grat ihe oc.uration.ertifi .ate to thc rspoidetr6 is re.a$arly mquired to bc.rdudcd lrom thecompuition or elopnre ofrhe frolect Thereafter the o nr ol posses'od wrs mide ro d,e .on,plaimnh on 09.1?.2019.

The deLLls ofthe deNn,ds rrised as rrer ihc payment plan, and the p.ynetrts mrde l,vd,e con,nL:i,ants aidth.

Lcnd. dth.

Lcnd.rareas under: l HARERA GITRUG?A1,,1 xLi That hole'ei de$!e rhr d r hc piymenl rn terms of the trprrtne igEenFtrr ln su.h a .i(umnan.c, drc lender hld (hd right to seek rehnd uroD 3 Doti.e to thc rspDnn.nrs the.elevrnt diuses 6, and l? rre Lk66 althe hi rodnc ^!rtene l o de !!t at dchrt olQpanqr lf t@t bt re 3u@w4' 'hd! on vnten trqd,h/hatun)r6 ol Rqq hro,e kd , qi t ,p db.'1r aJ dE t'oqt aJ rt bqrcwcL qt rtiad. tht 1tE fr-" tttrD.

I ttrkt iit a \.nv tatir s..4116' noncy 1' h] dE.vit old4qrt by the bryq\ ur Mrdtata/s ot sono*{: tl r?Bajaj tiactc t ${.n.I e'r.nkrc4th.s4utiEb, son he Blrdi wautd rept dp purch$q/s aJ the Prcpqt w o bu!4, on 'u.h ta bdone o buret althe 3! dq c dtrcbythecomplJrMnBto the lender lc.l d,e.on,plrinanG to b.d!.l,trrd rs foi DaformLnsasseh" bythe Lrnder alier {hL!h, the delatrlts or thc .onplrLnrnts .ontinu.d.whidr6n.llyledtothecan.allationolthcuniron03.0l 2020liy thr Lcnde n r..orda!.e with the above provisons of the orDafrtre isreh.dr Jtrd +!ktr,s oJ,.nLnd ol the pi d.nrouit The relevant.lausr "rPtPJh"' dq abo tund nt 'qqazat alee .'qtt It t?) rhor b..|ar. tu Leatur hat b.salbeipq teqdehent ar Athtk6 Fn b pat fr" bohn@ artrt rcpref iao 6e dinqrae ol de n@6, the.rti? ono!'t o6oad b! the Lqdn *ut b. r.tunded btovtodt Lenb-lo h\| h 3q!:rrIt! iottn ft rttu^br rt ld 1tu tu tq\( tl 1, I r n \{4ttt n4 tl Ah!.r d4adt i qq\td d I ond rclund ee "mre odvored/tlrdad onlant tndt to E Lqtd{. -EL tr) rhii a nplb,a wth qr !tuattarrt bdet ns o\ea bt F! h asrc.nqb md intut tou b 4!a 8,a35,21 023/. ldsht crcrts Eiqh| xv Thatthe.rncellationolthetrn is nfunheranceorrheaqreedconhadual ment and the allohent documents bY whi.h all pa rtiss were bound.

H encq p u rsu ani to ihe deraults cohn ltted by th.cohplarnan6 in reEynent of thc rddu f.cilities to thelenderunder rnd bilance paynent under ihe FB]\ rhe can. \ rhe can.eLlanon oflhe untwas for cause md after the canceualonotihe unii, rhere ren,ained no ighl or lien ofthe donplainanb and in the pres-"nt cirum*ances, the rerieE sousht by th. onDhiDana are i.huctuous and nottheron,ph DnBorthercfundabLermoun!thsrcspondenBhaddlly serled Ln rerms ofihe decd dared 29.0:1,2023, as noted in the folloleins pJtu ll,r qr.. thc.omplxrftrtrts had total l0 units, i consoLid ed rtr,o!trr wtrs p3i.l by the rtslr \l.trttod,e knd.r. d Lh oJ rhs.omplrrnanb, dre r.sponde's hive ilready b.en hara$ed ,,d trtrde,tak n throush numerous rahcly i,otivat.d .ompLaiic ind l!g,rions i,rLklins i poli.e.omplaintThat the lender ,trd 6led 1l,e roll.w,is .lscs in LLeu ol rhe loan a..otrnt of rhe .ompla'ntrnG trh.Ethe uDitinqtrcnion wis kept3sa se.urity: i conrDlaint nnder rhe sAR[AEsr act, 2002 ttrled .s Pho€nix aRc Pvt.

Lrd, vs N€craichandhary& oB. ca$ No.sl/SA/DM \v Tharpo{th..an{ellaron oathe r trit, rh. rcspondentshrd torreited 10liot d,e total srLrs (onsdenlon ilong with th3 lntere$ due, Le, amounG or Rslz103e7/ rtrd Rs5eL,e6e/, i.c., d1e tohl ro'{etlre amount L!

Rs 1362,366/ lhl the ren,ai,,i,,g anonnl !v.\ DiytrbLe to thc lender r . r'he hider l,ad souchr rlun I i,nmovablepropeties r datcd 17.12 2019. the handover of pos$$ion of units m c.53.cF (tha unt in the prcscnt .ompli l trty migsrre rss appointcd to delver the possr$,oD h,.otrrpliar.!

Hth the order d ad i712 2019 thc phyi.ilridse*ior $as sLVc, on 23 0l 2020 i' complarht nnd€.

Rccovery ol Debt and Bankruptcy acr reez rirled ns Pheonix ARC P!t.

Ltd. vs BPTP Lin ted & oB orBlnar filed a.asc undersedLon r9 orth. ne.overy crDcbtind BinkruptcyA lee, the'RDBAd I ttl.d l,td vs 8PTP Limited & 0r 'n orisirral ,ipdtanon no 112 or20:10 .

Ll,e.onplrinan6weredcfenda.tsno 3aid4,nthesaidoA.ltLa n.ncr or rad and tu.o.d Lhat the . pro.eetlrBs for $htrh, lnle drdar daied 12.112020 sertre bv publ,.ation lrasodered to be mtrde,whtrhs3: suc.esstully mde n,d d,ercrftcr, represetrbrion wE made by the . e by the .omplainaic (l)3 r D4 thor.inltbrough Adv Prwan MaLiL rs evidant lrom order d.(ed 170s2022 rc r'l, du,n,gthrprnden.yoaih.oitro.l12of2020,th..ompliif.nBLrere souqht by the .onplainani is druduous.

The complainant possesion ofthe unit in que$ion, the posssion ofwhrh drLr cxpL,nred the rorreitur. n' .ulrtiotrs artsins lrom ihe derants rh! tumpl,,jnatrs dthecatrcelliiotrofthPunn.lrsisexplainedandagreed bdNee, the pa,ties that sincc the lenddrs ootsG'dins exc.eded rhe r.lunr[1. ]tr,ouDt pon lorlefur., han.e, thr rcspotrdenB shall lullv rtd lin,,lly rtla d,e .laim of dr hDd.r as rg, trn respond.ns id rhe lend.r rulLy.'nd frnally *ttkd the h!trerasainn the cd dded ?9032023.Th inaccord3n.e isn !d a NoC lor the deatioD o, third *HARERA I .",,,.,",-",,,,.,,... $-eummrAM ';:".: ] was ,irdy taken by the lender due to the .onlnuous derault or the .ompla,irhr, is evident t.om the o er dated 17122019 under case no 51/SA/DM, alt.r lyhich, the resPondenG had no orh.r option btrtto setle thc daim of the lender in 'espe.t to def.,ult olthe complai.anh u.der rlL ouitqlrh respedtotheuniti.quc*ion Th rhere,frer, thid.party nsh6 hrvebeen oeated c prcs.ntcise, the.omplainant has aho liled 3 suit ro. dcdaranon wirh.oisequential reLiefol permanent injundion in ese bet nEno cs/2sa3/2023 .ttted os Nemj chaulhry & anr vs BPIP ai-ited & ors before vs Pragati Rana C,vil ludge, lunior Divisron, CurugrJm The lollowng reli.k are being darmed by ihe.omplalnants: tJ'dTEettud ibn no k\dt b? srcnbd tha! he !1ar.41. aE thc dht45ltdr tpnpaq rdtatulen a 1r-" dbln ln rcb6 0l i! lu 1l' h) ! d.n4 rJ dedaNtkt ha & dbsed qreenqt/ au da@d rat3 ;1013 a .$d a. dto-det4t 4d ,s' , 'Dh"atr attht ttsti t6c Pbntik: d) D{re? ol panqtqr h\^ja\ 4nn\he d-. te14and ton d@tiru a ent Ddh)N r@da! rrt ol$' b'r'an b qrtudv 4.qt te ptdrrJl, e) ta r! tu pcrdetq ol tht lt '.t an. the qqdnr .l xot/'aden1l B t ; lat 3 Anrttu,e Pl r appt Ntpn lr,n arndu" P )6 nat Nh dt b Thit!tr 1.rreLkiorpossc$$n6. possc$$n6.lairncdbeforethrAuuroritvalso lhrt (he.oniplrtr,rih are themselves eDgagLns in forun shoppinswh(h should not ha 3llorved and the present.omplaint should be dismhsed at the vc.v L Thrt in a..ordan.c wi(h th. i[ore, th..ompL.tri:its ar. not an allottee a,ymoretrndhav.norigli( tiih,orLienontheuntirqtre*ion rhatdespitc hrviig.oDrplcte ltnowledge oithc same md or3ll thc ptu.eedings thathave trndlnv.nt tunddsoingl b.,oft the Dt.nt coud, rhe DRr, and/o' rhe ?:F S GUItUGnAIl police complaint, rhe.ohplainaib sillinsly, volunErily chose to appma.h thk Authorlv with u.clea. hands withoutshreddinsan lob of inform2tion about dre same and have suppressed datsrial facts, whi.h, unde. .o cir.un *ance wh asoev ei be allowed bythisAuthority and deterents in need to bc evrdetrtly e$ablishdd to uphold the impoitanc orrcs b junGe b truthrullitisa.ts and asain* dr judnial pb.ess being usad as an in*rum. xx Thar snniLany, (he present .asc should Le dtniss.d with he.ry co{s asa,nn rlie .oi,plrimnR lhJt ( reeds to be rlthtoially norPd rh* o{) iuseora.tion rcmaLnswhetrihe mafrer asain* lhe unithas been lullvrnd Tl,..ompl,nianE an.l rrFoiddn tr. t hase 6led n,a!'riften suhmis!onson 300a202s rnd 2s01.2025 rcspedvel, vhi.h are taken on rc.ord.

Ihe rddlrioDal hds trpatr' onih..ohplarntorPply h.ve beetr sbted bv the paft Les Ln ,vrnt.n submisnons are men.oned lrelow - ithur ftrhis sught: . r).ib"-.pr,--bh"db-k" Lsr (3)dt oi6e Etr (r0luntE w6, rn of Rs.r:000,000/ ddr ll,e b t sh Prne (BsPl, iNrLoome !lf'g,s (Dc), c(E' omlra.LD rusrt on chxBes (RtsRc) aDd pollcrhllkupntrr rar oo !h4er ({nc) ' nah Ds'ho(rl m \, 5o(,irallY unt q, c is lrrourd,loorl (Lnn no l, ws R\12s43i3r/ d Ri t,or,o8 ol/.

FsoedNdr,Nlr .hd^*ryi".-iao%r"rtr,"s "-,, -,r il;b"r-- t.^ p"..r i]0E, wr paFbre thetieortheorc'or 3rreemei(r, thc .onpl,LianE duly paid nrev percent {e0%) or the robL .;*td-rrcnhrcspEt..6.h rp 3 fiDa o.ial in stun on, nahely Baiaj rinan e Ltd. rhe balane eo percd (10col, ol ,n4 d4,.w hdPi'n .nd -",i u. nd -",i u. n- ,30e.2016 ror the runai.itrs Mo (2) un s.

Dspite trre ompla'nanrs iurrald 4Eems(r. rb. rcrm& ! f:ibd rl,''-a"t",l.**.-**.*"*oothepalolthelomphDan6pnorblhe The .omplana.ts paid rhar equ ed mon&lv motrh'hryond'r" r'Pond"-Lrohn"'d : -.,0,."-^.,r.,-*. bh. rpodotrts dnd, hp.mdilB n' "n, dr hdtr btr. rhat the @mpram r h e a'w,y: hah, d m rrc b remah. d Pare0t (10%l or dre bhr o6tdentbr *bFt b +p."p,nb.dj@*t"rthe DPc in Kord,n.e uth the ronta'tual r orsed tilldae bv the respondenti DPc ,,,,,,'1"0,",g,n'" h, o c '\tr'"Eo d *"vq'd .nr('l Fm $ , ", -,1, r;,--"-- "jr " r.rr. '."o"'o'r''"r utrn<''''"' or" o.rM \ ;oo f. o *HARERA @.]]nL]GI?AM iARcl ?id tror a rom.rooruno br r{itutbn/ARc 0 trtrurr r0r0 lr bco povdcd by the rtruofd ldtu niamarnEtitur on/ (alt{ le nonrht 020 {lkd on l2 0z r0r0l, 'he resPd'ddts Lcft er,.uke rrcd to tl€.oi'pL:ina . rbr irlhe rudDs Ered h oA/r2l?0?0 i0,r0r20201.,he respondms drd trnLan.e otuoyoDGllrlion leterior ft 'cilfudfflei].d 20) worndDrcdudeasub$quei'setlgn.nt !!e ]f sa,ncnniEsrdeDed hy $" "*"**t d"td ,, B mB r1'!.oipLrmiis Dolr{e r{dd {senarNs 34e h 3s6l,ind lr5e&r60) r.r.ri, trDs $, h4ein reGrcJ to ,s 'sham alienations,' odcn in favor dr ihe .onplainants This s thc Authorjq or tn. adrudi€to.y proes fi""i.ho.D d L , urs t)retrd,e_3id arhoiryor us FonLn'. xgc,n,h c5p{'o.on.orih. suhtdunn5.

102023 *he. tl'c respo^de 5 deed, b.rnng vsrk.

No ee15 ptdll[Authoril,andwfud! tullr lb durns ihe pG?rdlllgshcld on 2z.rolo24, rhts Authoritv was pleased to "rhe Qnset tot rhe respond.na wn dbtud b ft. afrdNtt wi.n .onptet derntts ol atbnation ol th sinca ia llrsr ottohent titt do.e. nf rrln fromthEd eolfiBralloimcn I?EP s eunuenaM thP ottidavit 'ubntnzd bt rh.

FP ,1"b ;ihd *n. dtet kd b b. tut nhh.d bt th.

Hon bh ^uthonn qde o,d.t bii.

P{br orrhrcc I3) sek (o'd &Ed r210ro:1) s!.h tundtrd onr undsBtandhq lMotrl datd E/30.06r013 .L-"h,. - rd ;d .dk--, ,mount or tu e.00.00.000/ Ms4reed upon - i ;d i",r *ftr.. ",r *ftr..dt "r ,r' "utbldhp roan :(ounts DediniDg ro the HoD6L Adhoriq by subntrus an hcomPtrE, .,E unit/roorwasiob€reh:sdupondepositor n5Tooo,ooo/.outorthe 1r pruprn,es,10 (tn) ulib/ioon 'n que*ion w e :seed to be roleNed asahn a.umulative eGidd btr or tu.7,00,00,0 00/ , s agftgate nLn ofRl1,11,3o'315/ U ol,icL]iuhs the dbpo$L orrhe arore$Ld ird,r ,' "dF..drs" nd bind4 nature orthe qisdrg rrip tiie rt u, mti.. md.r +diotr 1r(21 or $d!n r;;*". d s-*,ty h,-*,^d ru i s\RF^srAd lv{ ry{ r!!d o Asns RroNtudLotr cornpaov (ARCI :tur irrremonJred03 r?2013 Ittrtu.lherstrhmitedr.hedespit a.qum'gthe dtblfrond,eorigLnrllinin.iaLlnstittr!oi,thesaid,1llchasrailedh n'iP orpuBuetrtryl,rD...dlngsrf .onrpliancenththeDanditorvprovnFn\or ..i,"^ r , " ; , --."r - '.D-n" I oih, ' '.'-,P. r.!.uo ei*,o- ru,,t,.-..,t"-i.lp l\.aidl hntruioi/a+t 'iJ o 's ndllppl,"bor L0a'!Lrd\d \po ed ord d h;o".rot "d, q oA/1u/2Do t.h-*d*d *d *nnotbe relied upo! ro pEiudi.eordilutethc i -,tEP S oumreneu crcrh*one.ivilsunuas6ledbyrespondents Pvi,id & oritE'whercin the.omplaE s hogir I betrar]vedatqu,lhepmpdq licfqurthesulpmpcltywassE!}dtothe tythslininafiaudulealddande*h. ,' 'DnlJr.o. , 'd- Dkcn b"s{' h. .' o1lA..ltREo sent froir th? lomplamna is viorab or rhe onoople5or. u ral iustle. s ulri u. ilarcra! tE n3l o.scnnotpaiudtEorbitrd -.Ld .,liDl" -."d"' bdon vrnod iudicar h r-"Ih.;, "r 'h" p-p"t"d thtrdD ry rights, lhtrh wcrc rrauduldtrLv ^''..."",", ,,-,""',,t1,.0,,,,j} i " *:p-n,Lry *b.r"d tr, th-. . h;- -,05. o. , oure..! ued,lP&1tro.'e r(ui L/P.opedrs aid o ruv .-"i' * t" o" I rz". tr ,\ p{thm:, b $bn that dsD 6 LLsely.lLrBed by the rcspondent n".1. bsn,maE demd& 0l dre (ResuLarior and DsebPoenq A4 '016, 5 dr resped,ve noor/units oi 0303.201s & he lad that the prcjed wx nor resbeEd appkrbiiiiyorrhead rron 01 052o16.rh€ rcsDo.de 56ndudcotrshtuGa potrdctr$ h.v. nLbd ro provide a(uck aid rosE$ ani $atus or the Prcje! rhereby . rbr,n; d rdio!

1, dt' '.p'€.-1"q5 {a " m"de 'es'rd' c 'T !

1p' .,o, " p 'ne rd r. 'ne rd r.rhpry o drmitp. thc onp Jitr4 L #F r .r,d q'hi tfp"4 !" n'nnrts. . vroldon orse.tioD 14 rhe respondcds unili@r4ly d witho ommtof r ata oulrhe mitsin qErdd, wbth s o' .,io' r3(r'or..c,'r,1 'ne.nq "o' orroi.rn'r/s\.t'h' it rd the oqcd and rdtent ol L\e ad to prcted moktiaNparenq,ndaftounbbllltylnL\e h ,-h; h- m ir',rrv-rhd,sth" a*h".ttv,h*" -td r$e lrebnLry orrh*e plo.eed'nss su.h b @mG; md nh rddnrcmL wrri h "rc , F.,loto ,rr)r,' i,., ."....".... - irp-"**, " -**"".n ",. triigttrY {ks3l o! unru*ified modd:ry ahs any ihnd P,hY mt.rests /light or J e l,li, onDL,h, lB, fl oor buv*'i 4remst (FBA) on 'dl'!B "" d'ad'd ro- nan-4' ofrheu tr 'h"nd€ddvE .,.,- "".'"^ -.e-,:.o'I.?.qoodfl '.'or!'oldri^no dP"'n'd hvnhd.r'head . . .-."'r;.."u.m',"b J," .i.nde,' l-'. or o'ad o'h' o' ofmedrde'dcd09o3,r023pr$edbythisAuthdnty spo4d.nS ror submiding r'ls at[daviLi hb"tor 'hi!Adho' tY .. ",h:" . ro.o .,;.. " h,sh I Gm dd;ibs&rkmptsbo'i*dd,kAdrd,tvi .Tojmlogexcmphrypenalryu . i, e', -.n *a *a"^ * ,t t. r ho.tv mav deem just. nt and prop{ I theinkrusol]udie,equityaodsood.onscGn.e, DE' rl Thp rcsponde.t no. t has nled the witten submission on 25.04.202s, and th.rarrer obledionsto lhewriten submission/aiPuments nlen on behalf of the .odplarnan6wasfr ledon 13 0s 2025 and nadethefouowingsubnlssions: .

The respondent no 1 seeks the liberry ofthi!

Authorig to put forth the submlssions, in a tabular form along with dates oroccudence orthe 4enr rnd ac.onpanyi.g docuhent refered in the pleadings.lt ts mosthumblv $cRsponde iorbookos nomtuflErseProi.d cr r.? .onm N.nr{Dl 1[mirrEfDndrire o d'nhcrfl dd h;"d h.*- th k ae. h -t&,@ b. tunbb d Ps ro- 6 rl .^e cahptour dkslrt!,lr tB) h6 r!! lea qec!4L ui r3i6$a:a, dahousiighaD6omBaririniD.. dilhnnainu iR'ue47,116l +oindrhr i:. r!!

I r ry{y$rr f,rri (3BLd,6udoii, PMrr Daisv D< ,016([ 36 r]eutrtsl Phs!3 DeriEry Mr(h ,017 tc Bl!4!1se v!!EL o, D.rr- n---^!.vn.ids *i."trt"u" r-a *atu"-t.". *atu"-t.".*nr,a"a rr ur rshr b R(o\ ?r/ftrG s!o nstmoreJ dorn€ ,$rcnd{/q hrf?w.ltum 6e pmEt6ratrv hiidrba a ril 66 @ne o be r\tud h be batu orde Respandtt undq the 'ane afrh. tua{iot ht.aa\ q'o l6o6rniirh;,d". r.trD - ro ru,r5 ",,.,;., !riirinn !rPe- oira,riLLBPrP) r(omdi,rr&h fi { 6r.daJ !-orMou ^ibrr oD (BJnr r iu(l irittrne didn mjd"*dt'p*le..t-d,nh.dd,trlh, d r-hi-+rcedb--,,-d.der m"d +de-d l dr6r r4!!!$ a! pll k!rdul!l!! rrB u A HAB GL.]llU ER seed!]. ]y \|ahh. cmpkk,, r. ".;;;ai.' d"6trui r i.;fdh nu;rLy &.ded h se Mou daEd $.644. 'h. rhecan\lolno5e.la}l\so.kno*ledPoAllefu 7aJee6npbtn..h thq hdt lot.d b Pot 6. wb ;r,-,f, hrio ( rLr iu, o)irrn,drhcR6FDdsL N!ri,drcei r( coi$rtrion lompan, A(qd4y, saFlFh:m. dd€ ""..t u hd rm4 d ri utr rrs;n seie orGmna i6 .trffi)*;o^15{& ror ihe u^i PhoritxAR.

Pi.

Lrd vs Nledi chaudhry & oD (.omphh, rd{\aRftnAd ,00n (.oophnn ud{ Blz'2ot9Hon'bkcudofsh l crqE!]{!:! rc. s1/sa/DM h!4r{!!!nrx ARc tu SHARERJ & crnrrr,mr,t ffi the soid oiq olth.

Ld DM wos udtor 03.0t 2020byd! bnder0n.x.^G!'rchu* s,6,1o lnd 1r ortierPA) and urd w!! soqnt bv r0A/r::/rI i1 4r 0D! l rfpL- r. rtirr!J !r.id1rd!!

Litr{Llt! iid PiG r (h€Er rri 6"ui;,,1 se $rd unB r@d rcrued Abo se!44!!! f IAIER\ P.

GL RI ,RAM r rse5 €trlq.d bv tie bentoe'{.falrIrhLdf4J{rydE .i6 y 4: Nr$e^sJ!rer!q!!!!1rE rkd pnry riBh6 m{ion on rhe subi.d utrt pct rripaihi trd ^ndko) itrd 6ondnrr\cirn rr dsd. .. ,, iLilri!.,'{r fI lrbjcdu rbyrhcturpLtrh{trhdoEft cnrus'lr .on.h's!ely prov.d that the torums bv filing ff'volons CoMPLAINANTS: Froni above raft it ts .omDl.inant has been mhuslnF vanous judicial .o;phin6 mrlafidely, thereby, w6tios ihe *HARERA @ CLrnnnanl nre.iour time ind etro s of Uon'bLe CouB Thcv have fil€d multiple ,oroktr . dpph. r'on. rc,";."e ri;!'.'..",.' -".,d n Jn.!cJporar'on'no'de' rog.'( , ". " -;na6 re'poro.nr nor ar.o 'h ojo,n,",.." p.i- .o. rle,o' ornn'h" .".., m,e-o\s.n.tr cl.'_ .10\d'nqdu" ( .oq eog"oldllihel"'gr'on ' ln ra. n ' ln ra.t, rhe respondent nor havcaded within lour cones ollaw despite ros, o. n. dei,,t, o Mo.tu.

1 r".pond.1.\ l. \" "--.ri."" "" * d \, c' h"'o." L"no"r Jdnd\,omo'c\ absolved orirs liabilities, and the lien on allth.10 unib ako sands dulv releN.d Noq alter hlppenins of all the events, ihe comFlainants have themseluer asain w(ha n,alalide intention filed a Mi!.ellaneousAppli'ation againn dr iendcr ud the respondent No 1 b{qc lh!lL1d!!!

D!13 . r . *;--, 'o me ,oi $" ooh Yr rnd m'omP-) cdpPhre DE " 'pq.en' lr"gdnon "no rre \oved m mJdlle orgols "'n'nd '"'" ,, :- r,r'," f'&dJTo.l lsroLro'Bo'rJpe"\..h"<.cd'a'td' *-r -;....-b**'r" "m'rda'" I"enrl/p"nd'nsb"ro'' 1t,,,. s 'hl-,o ,Drb l.e ovPl-"Dunra . *,-"*-"*. n're. ^'.""ah 'oornF,"-o le.oo'boddlhn P' . or'..u.Jsr-'rym""o.,roD r-r.hbmrd'bvr.e'ompl''nrn'' Ln d,ewritten submissb6 nled by them or ,h" rurencl. o-.o ra,'\ , Lhat Lh.

Lo 'iananr i ivdo;\ daimrrelErs rrom vJrrous .orrts desrite proven deraults o "..i"loblEd;n.rod*6'h"Mht.'qdn'mpq's'osei-nduPs"' D- - -hh,"' -.;arusonhcrore"o',uDeel.

H.',..rr e p,.*nt' o-," r. "o, -,i., .t " be."c"e'ora d "nu mernrrnd.,abh'o o" dsmh\"d i l rhpi!!

Lo(rort ktrolou! hnartion bElore Authonry orr o " lblrh" .omr\o-1Fdr '' .oDp!a,nana and made rhe lo lo!v ngolric.riotrsi , tNTRoDUctNC NEw FAcTs/DoCuMENrs AT TEE sIAeE O PRONOUNCEMENT OF THS I'INAL ORDER IS ACAINST ME PRINCIPLE O' do rr'on D'''P"d'ng' "rorr -,,,i-t-""a ","*, pafr olorigrML plcadirgs a rhrt the .ohplainants, vrde thetr wrifren submissions/a'sumen! ffHAREllc @ a,LrRrc,RAM rn\".d'h. f ndn r n:htoho'" d i* .^ ."i,. ,ut "t rq\"F L-" ' ,o ' o 'herrCu "n'' 'dr'cairmer"on'd -,'l's"-,' " " b "-_, o.' d'ns' o M'cn'h"'ompl,,ndn'' and the FiDan.ial hitrution. o hd rnercmDl,' dnLr. -v s'o a.'l"ddr' "Aurho' abv'uung_hr no '!trer hn Dod !rdr'do 'n 'hec o 'r.o lrot'ro'n8> 1P'p''( i ,n. "., ^., r"rt"---.eD 'u\r'o rh"A'b.'a.Asd d i \ *i,r-i,r*t tr," ri",*i,t tn*u*,on htrs brought on re.ord the details oftanradion/loan taken by rhe. en by rhe.omplainanh to pur'hase th' unts in d,.oLE "nd n", J.o bioud'' o,'" o'd ma.rd rhl oJ..o (on'r uoul r"l-",,r, .".o"r-",n ,n pJn,I,, D',p e \P1g " d -o,,nr. "" ,.p"nr'\t..co'ofuh. rh"i' - ;,-.. ,-, 'r" -d bro;qhton rc.ord, had pased rhe award dte.ting thecomplatnantsto pav ihe ou6tandlng lom an@rt dth inbE$ to the Finan'ial rh, rl,a conDLiinsDts hJre rot meDtioned lvheth!r the said a'b1rtrl ^-"!, ;!

D;1onad D ir,. wrnirn strbmisroN/argudetrG ot ih.

J. '.i! lhtb 4r"o''"od\ o " e orr.'Lo d/ _ .". .,.;,.t,,,","-,.r..

1o.,m.trG rd, rsDrid b rb,rrL prolraedinss heN$n nre ronr rr.rEandrh.tiinan,.rl hrildror.rnrotlretaLtenorr(ordrt ihe ;kgr or onoun.emetrt Drr trxL order r'lorl'lr o"l_ od" ol rnn' o'r'r'n/u'nrn" 'rL\ o dLA i LlmunmtL relied uDm m suppod or thetr dlm theD flLins thP ,.t. ooi.P.,h.d - a***c.t.,i !,,a*.".,ru*t !i k rciteraled heein that the complahanb nowhere in rheir complar't' ", i-,-",n",..,* o't. "g,-cn.( tr\ " r..r nclr oned rnvl\ ns ;;., , .;," 4.. ".*";n' b.Nren 'n" -omp'" nans dnd 'he i,.,^,"r "-'. - o'rP r'rr Rur" 14. 'h" \"'d ra.6/docunenBcanrot beukenon re.ord rdlhepresentmatter fl." h- honbt" H,eh.o . or D"lhr.n 'h" mrre o Pol)4lo' I'd !. the hlaintifl to,lle and Leid ii eviden.e additional doomens at ihis ,-1 "-r.. *rt "' "d.-1d"n,.qo-dbcpur _o'e1ou.o'' o,ce r^." a"""."^, t,"'" 'o drd. ( h rh' .ro do.umeDts.

Had the do.uments now sdught to b. produ'ed bden nrodued the reldvanttimc, i.e.,atthe naEe oflilincofth.sui! or at iest * the time whei the isa6 were frmed, the defendants wo' I ld have had the occalion td derLwith the sam. bv making appropiate olerdinqs and liling its owD docunena td coutrtPrthe relian'e pla'ed bv ihe plrintifl on rhedo.umen\ trqu.*ion That the abovc obserur.onol the l{on ble High CoudofDelhi maker t on r..oid earlier buthas bee.frleat2 belated *age when thenatter is po*cd for pronoun.emeitoljudgments, would.a* a preiudne on the h s mon humblv subfrirEn that th. conplainants have not produced ., e- *ro oa.. - *ro oa.. i e qtto,'tt \p.Lns pPmi -,oh b o'.ns ur ,"i. i -*,'l u,.t c^, a o' -v u$' do, ume -' rnnded s'L'\e wnrren submisions/arsumetrG riled on tlreirbehar ltispenhe h mention herein ihat thc HoD'ble Hary?na Real EsEte Appellate M \ to\tut tntro Lngtn enno tdio hL t td ^ M, < re?na soo.t e a;t.- | \ n. "' o'oUiors of tl c' PC dP no dpph."bc o rhe pro ""d' g .-d" the a,' orb notrder. rhe D'inoDr". p'ovro.d'he'e.i " . rh' ' oo""n' qdd" q r'. q..

Iherelo'' ir tl e "o"n" o'n rppr' "' m,'odreob\rhecomor,. rhd'aqeno'odnor'"c'ompl"'' Conplaint seekins rhe below ft etrno.cd reliers: lnrered foi delaved Dossesioh cha.ges dll actual handov€r oI the unii a _\e "omPlardl' ''dP ther w'r'n iur,.-.ion',,.cu._'" r" rme d nc rhe c.h/ 'Phr3 FrFk "n^n.."*,i,-"t,t",..pt,'d th.'onD'd'dntsdr r.suceoI mafteris oeDdingtorthe pronouncemcntof fi nal drder' R:, l lr .a lLlcrirl nronouh.enent of nnal odn cannot mend then relel6 due to l onDtahL ond o\ oe, l h2 \eled a, ne al lo' lhz rcli?^ h|\ 2 l. n u humbly submited ihat *eryplaint/suit/.omplaintprefercdberoreanv d ,.,^";un. ) ld' a. dnd 0.. ' lLo cirr qo'um\ rrr ,ori,.' re Frl ,",","-a." " PLnt-ft l'e"o1 ', e'k'rs"o.d'c. orhor'h.\ o o '.

D n,tr r;d i,rr, raL . . \..b P: iG re frled b\ d'" .omDlJhrnrPla'nuf/Pedtioner 'e.lc03 th44nJrc' *r"-"io *rr,"'cpc, tsosr, i,,smndatorvihateverysuitto induderhe wholeclaimwhLch rhe.omplainant isentirled to Bak.foranv'aus' of action othe Ee thp da,ds that are not specilicallv pravcd are deemed to relinquishedand.annotbeclaimcd atalate.sbge. settled prindple orlaw thit 3rter ,f pleadingscan beallow!d That .d rn 0rd.rvl Fule lTolrhe aPc nNawtrnanh,qr dn4t d fads and .ircunsEn.es, when lhen EheG in the complainanl ever rilcd by the complaiDnh whetr thc mde' is pendtr's tor nel .tl,.r relierr whi.h were not umbl) suhnitcdlhattBawell t iDrpl. ,i .rte8ori.allf Huner*.d ,.trfuprudu.e.1hrrci,Lelo$ lh.nercar q pkodnss tuhu b ru!!'\t tu tr-" ldrrc ol ebt h.it,nIJ,tr./'/I]0.r.?pl \ !.lv! ttu. !.lv! ttu.rnncacn tf a iot ir vietr ofthc rbove mcntloned ai,ant h&e ah.ady nentioned t )plca.oD Jo. i'nendnretrt ws e' rhe .ornpLriniiB rt rll! {rg. w ,n,eit Dt rhe f trrLo,dt d otscl rr tr mo$ humbly submitted that respondent no.1 his explained il Nrodu.ins nes racts/do.umenls, pronoun.ement of the fr nal order in the rrorcmentioned paEgraphs, the dcta,l as to how the .ohplainants rre r e ekins additiona I rcliels at the dage of t E noted herein that, vide their writen PHARERA @ crnrr,nml suhmhsions/arstrments, the .omplainanb havc not onlv Eied to amend rhdrD erd'nqs burh Ned so so,!ht,meidmenu Ln relren -r i - H" '".. .D--,. ' .n' p -"" at "Reva,tu Btttders & D?vetopet\ v' Nd oyaEeont & sons a o^.

Ilzoqel t0s((aal.p'atded , ar!tr r - Tiph\ w1'cl ndrc'o b_.on'oP cd shil",llosnC o' r"i" r.ng " +pi. ".. ,.*".-, R"."rLe\r,r, orrh''{'e:'cpodu''d sidtoda, \|ht rtoeho and u ftiedihe oe t*i, , . ,.* 1 r;"r" h ,,r-, " b? ano.MQd aM?L r @m.aI@R) Rao a ntq-' !

4d rc firpt' trart'" r r".' , aaed ,-.,,^.nt M . ;rd\ a. uadaaauttr -\o .o' t A' , '--d *b $e a;n i'dd tu tre anenrherB n on r a ade rna;d daid: qatld tu bra bt rnibdd pn 6e dok atqpteu nhudre n.w tu!b/do.umrn'\ DTIP r,r r" ".,t.*,. 'r pd" rb tl-) oI hei' wnner \ubmr''on' .ryume"'..a,eSrg-,,rr,"re'po-dnrno I hJ\ ubm'ncd'l'{'r3' , 'i".*' *t,. ttre trhs" n rhe tmh or -c .omnl),n,nba.e mennoned.Thtrs the ConplarhanbarsclaiBi.gthatthev lvere adiveallotees asof thrtdatc.

Duetothe.ohnnuoosdetauksorthccomDlaina.h, the Finan'lal Instibtion exercisi nq i6 rlsht under clauses s, 6, 10 and 1 1 of the Tri Panne 4reemenr ,l ad 1003.2015. hA cnclled the allohent of the mmplalnants on LLo.uDents Lnrodu.ed by drP .onrplainan6 vide thor urtten ionhur[ ! \rl,Dncdll], ttlrtrnku suhDisso(s/rrsumenG0led lr! rh.

LonDlan,ari J,! b.rond the rlerdDgr.rthe.rse iid at this sbge, wlr'n rl[; rr tr podL;s ro. ronoun..me,t oriudshems. thc.oflprrrnant i:.

0301.2020.

Howev{ a there leere on Borng.asss/proceedi. /proceedi.cs pend'ng before Authorities/ TribunaLs/ Courts wnh lesped to the unib pedaining to ihe.om.Lainants Thsrelore, the nanes ofihe.omplailanb continued to reflec i; the list or.u*omere u'tilthe r.spo.denr no 1paid ollallthe anounb/dues to the Financiil Institutidn in tems olthe setdem€nt deed in 1.d mdre d.i'hrr e ndr.\ e'e 'cn"tud 'n 'h" " p.J ;d " nr,-_' o o -d ".n P o- pl,i.dn'' ^'cao\Pd orF- rr," rr'.,"- " '{"r "o tr ,l-e .r'd rll"g"d '..t o. ,. due 'o 1 '.dror o p ' d' s 'd- /p'a'""o ns' I crero' 'l! --t--, ,.,r.,,mo"- . r.r'lPy.fled \""llone>r\onrh d a ,'oT' ', o4oF 'f D1.D\dAo'd -.,n"a.",.".,...," " alleged ltt ihell does not .onfer rnv right ride or rntere{ in rh' uin in 1r\ourorrhe ro np nnints. d. cl.us€ 1.

Complainanb a.knowled€ed the legal adivities htrirted asa,nst Loan includi.g SARFDSAI adrvities ..

Clatrs.2 - )n? corntdinonl. orknawtatt"?s the S4RFE st N ice' .o -\^'vadno err"" lrhed'.DU'" "rd a"p". ,,. ., ,'., , oq leo r l/ 0r " " $uu I,i 6 rurPd hPffin n s no+ hutr,blv submnted that rhe comphniiB in pa 22 ot ther "Jb)'l"A ' ,. "1. ,rc,. r ,sued lrurh.IltC Itisnolesorthvio nention hercinthar undertht NI0ll dat.d 1d062018 rhecompltrMnEtheoselr.s hivea'knowledsedthe a.

Unnunbered R€cibl 7 'rhc conplaiornrs 3'knowledses drpura .{ose hanrcer the Finanorl lniiru b.

Unnunb€.ed Recital s - coriplrinants a.knowledges thar thev had dertrult.d Ln t,,r'ing riil'.erts ,,knor dlHn.n LhJr F'nandiLrn* iotr h3s n,1rtd Lrgrl rro..cdaqs rgaftt th. conda'Dants rndtrdLns sARFAEsr, -;di,,* rr'" @*" sclrdL . lil hr 3lrcidY hk$ bY r HARERa GL]1lUGIAI4 that the conplainonr has rct ahnded the schenub u vb rhe .raur.6 lrcomDlaranb lals to deposit the setlement amount, the Mou shallbe re;ked and FinancEl Innitution shall have the ndt to sellsecuity interest tn its po$csion and e.tiie a mo unt pald till date .

ItisevLdentf.ohdE.lauscsof theMoU(harthecomDlaina'kw're well.ware or the noftes csued undsr the SARFAESI AcL 2002' That .-nde'' cMo,'l'e'ompld'nJn'. i^" r- .". i^" r- ."." ,. o * .".o..r1'. .o Phoe' \ qBr Ltd 'o dn Asnsnment Agreemenr dated 03.12 2013 was erecuted. -r \on.e' wae rlre"dv .."j L-- ,h .AR|A!, ^d .0rr rd " p plorn* ARi rro. n, deDDeo n(o" cio.sorl}cPln.noarlnlhr .oo'.Efots'lre'es'd -,-i,"--,.me . or,le.* nor'ce5roba Fs."d b\ 'he Phocn \ AR' ?r dnd l.l4l ofrhc\ARlAlsl {d l0-2 Thererorq theallegarions of thecomPlainPntsin this 4ard ardevdid ri n mo{ humblv submited that 3rd prrtv rkhts in lavour of M/s Utsav *.^ -. {L L.."ser,*dv "d.".1 m o'..1"ordq dred m'0b20'r' ,..*-". ur"' .." i '. w.'Four preluo," ro m. n8hrs oI rhe ".1---' r. r tr s moJ F, nbi .Lbrr-co rhr.r h tr"ll 6ubl''hed , ,i.-t" o "" ,t"r ."o u- p"nJ n,5 r' ."p.rrc'e3r'l .{r'nLe ,,, ..",... "*,r,..: -",n o' une.o'pdnv own,ll s'\' e i^.,i,." "*rr," c.i-u.,r., r " Po'"'er dse rr"qr'i"e "i,r .",t", ".0".""' ^'t "'pe' ro*e,-e''dao'dor-q r' in pri 17 or rh.ir wntten subtrrsiont t .-" -., - - .'h '- d n' ,. '.' ''"o'h'''' " .:., , ,,, "soa!)t "'. 'rr'q 1",n 'eo'n'{ ' ru 'he- o' * n; ,lam ts deals alhsmsrhitM/s urev Rcaltor Pft Ltd E a n{o .

Di({tr or the Rsponddts 'o dnrnr. 'n p.'r ls t .iol 'eo 'h" o d. dred 0a03.

0-.bye\qd"rg 1 "..ve)" iaDF"ru,rheur'\on 10.0320,21 o o. oz0zi h . moJ' .mo.l dbmin"d rh* rhe complrin""\ " c ry,nc to mi:lead the Ld Authority by allesins that the Responde have viohred thc orderdated09 03 2023.

It is mon humbly strhnnftd thtrt the Ld.Aurhorityhas pased theorder dated 0903.2023, whercin the Responden6 were dtre.ted io maintari Hos.. ' oPd tnrro lPnhonh-e.nrhr'r'" o'de d_(d.o03.,0_.r_. "ooaoaoo. rb0370rl.'n.'Fl0'. priorro 16.0320?3, there was no dariry about the order dared 0903.2023 Funhermore,sin.e, the Dew allottees otthe Units havd alreadv completed rh. rorn,rliiies olexecutioD of thecohv.Fnce Decd and werepnssuizing the rerpoDdetrt No.1 to ere.uie the Coivevan.e Dced, ihereror., the l"onvevdrF D""d u1 oi h"ir.n rl." monrh or lure 202? lr \ tun1"r'o'"d h'rern rr" d d' n lel0lo2r ' 01.4ned, '-o.

4ned, '-o.' humbl| sub;irEd that the Ld Authoritv vids order 23.01.?o2s has ,rad; .larificd that rhere uas no natusl quo or'ler ror the period lzosia,3 u)l2023, a7.as.2o24, 2o1!azo24 a 22.10.2024. rhprci re n E evident from the order ot Ld Authoritv itsell that the nor 40J'ed dn) o-oe. o .\" Ld Au'ho'ia miao e, ", -rmru,".. by'l'p compl,.nin'. w.!'.\pec' ro'F" same* deuod olmerir ht mon humblvsubhi!@d thatthe oft r ot po*e$ion dat€d 09.12 2019 \ q" durvv o'h" ! npJ nd ..'da |efd ooJ Thed"u'l\orrn" r0 oe{ o;, ". ",-,h or', o, oo" ".s, n ortsd 0o.r- -orc'ro' "a'! or rir.tr r(dorydupd. h"d'o''cLompl.id,nr. rrdth.relevdn.ponJ rcords are e..losed herewith fo! !efe.cn.* - l; l ffi M'l orrtn or iossr:snon urs nor Mu o"nnn t oerr sv nt lrirl Ted5Tesrnqi ,*lryIt r."tlTtl r the .omplainans have not denied lrie p.eiprolrem,trderleicr d.td r409 2020 wh .h was onlv a reninder leter tolvtrrds tl,e ouctaid is dles payable uMer ofiE of po$esion Thcrture, ( ssarelv.nrblLshed rhatthe.omplainanG uarc itr,..eip1or the orltr oI possession lete sent bv pon to lhem bv rhe Respondcnt ol and dsspne issuan.e of offer or posesron no paymeit leas made Ly the .omplanrnts .onsflluendv leading ro the cn.eLl.tLotr of Lnits b, rhe lender/respondenk . rnvies oJ the atr.ts and.n.un$!Dces.xplanrad her.inibove, tk mon ron ;rD s,tre mt.l ri blsrsthe s eareflled wtha malaride ,'*'i,i". .r .,J*ai"s th.

La .\,thoitv and exhact uniu$ eunhment ro d,e R.spoidentNo.l .

Withour preludne to the r€hc ofthe ResDondent NiL I\'trhout mtrt tra aD domerts mad.

Dv dre CodplaiEnb n s noied therertr u-t "';! ih" c".pla.-b have mad. vrlue, ubassions/AqumenB, thcrefore, rhe llespondcntNo.l modhumblyrequenstel.d Authontvtolistthem rer brlu{l'erarsumenli h is n,on huNny subntted that no prciudi.e shall be caused to th' li rMArtho;lrolxtrv.slhIth.pr.st .oDplamtlvtrrhcartlotrl103'2025iid rl ounred ro z0 0s.202s rorp.oro!n.emcnt ofode. and both thepadies lee'c g, edanoppodrtrtytofilebnerwitt. ebnerwitt.nsubnrissioni lhe'omplainanBh3v' o012tr2s along dth an trddt'onal pniver :Lotrgwthd,epralcis Jlready6n'd riviewolrheabo!.,(heAliho tvisorthc vLN that 3t thLs belrted nase the sddinonrl relicl sought 'laimed bv th' .or pliraDr.annot be r!lowcd. lurisdidion ol rhe Iuthority 'rl,e Authoriry observes that t has teritonJ as wall as sublecr matter ru,trdrnon toidiudnat the preseit.ompLaint for lhe rcasons siven below 0L rsrtroirljurndic 0n ^s pet Dinnarian no 1/e2 / 20 1 7- 1 rcP do ted 11.

1 2.2 0 t7 issued hv t awn a aotrnt']r' Planniig E*ate ReBuhtorv lLlljo'Ltyculugnnishallbc.nt olrnes stu pd in ctrng',tr, ln thr presetrt.ase, th. proiad in qu.*ion is sntrftdaith,niheDLrrninqaciof curugEmonnd ThsProre,thsaurhoiiv has.omplete renitoiaL iurisdrdion to deal w th the prcseni.omplaini Ln sublectnrterju .dtcdon s!t,oD11t.1l(alorrlfA.t,z0l6provLdesthatth.prorotershallberetponsibl. i. dre rLlotlee.s par agreemetrt ror sk sedon Lllll(.'l s reproducd r *HARERA I ."..,,,,,",,',.,,.,. $_eunuemv | *'** "^..,; -".","dt.r.eo ..,, I n, --:'," ktun 31 tur..ha' oJthe auti iql ,.1^-.a"a**n" " ' i .'.o",,."_.,t \. qlo'"d"bouc "durho"ryl"d'omplr" ter toral and!'bied mattcriuasd,ction to decidethc.omplaitrgarding non' .oDpl,an.e ot Dblisatioi5 by the pro'no!er haeins aide.ompenstrnon {h'ch Ls to bededdedbyrheJdrudiGnngo L]ASERA GURUGRAM r.ll Drre.i the.esponrt.m to pay interesi for d.la/ Dolseslon dar!.. dll rhe 20. r, briet the complainan6 booked 10 units in the prcied of the respondent/promots naneLy "Mone.

Avad lloor' rn scdor 7O&704 curugram, Haryana.

The respohdent issued 10 allohentletem separately for ea.h unitin favour orihe.odFlainana on03 03 20ls.

Itereafte!, thc respondant executed the noor huyer's agr.ement ildividuallv for each u'it otr 0s.032015 and 24.032015 Pspcdively Also, the paties he.eh and the linandal inditutioh namely, Balal !_Lnance Llmited h6 ex€uted a hipa ite lgFement fdr all the said 10 uni6 separately on 10.03201s vide whjch the .oDplainans were adv. were adv.nced loan lor purchase of the above apatmena' 21.

Thederailsolthe allthe 1O alloted trni6,elecondideration, toElamount paid d'u"n!ul nr n'on.En.4'anor lenq rnd the!Fdrion or'o.Dr', ns'GF"vPbee,d4rl.dr lnP6rlloidingLbuhrfom "11 'lTrl";tl t_fl 1""11 'l'J i6' rb{r l r ii *,, r.-,;-.,-]---iiF] *ia*- ] ."* r:j*1, ,*#,",-.|,"-*+--.]*-1",- i: T- I l2 StrlrsettrenrLr- the.ompLain.iB loan a..ounrwas de.Lfied NPA bv rhe hnan'ial innituuonoD0l02.20lSandp.o.eediigsundertheSARIAFSr an 2oo2 q're i,voked Fu,thcr, the loan ?(ou't ot thc conplainants -at sssigned bv M/: tsrrjfinan.e r.Nited to an 3$et relon$rudion conp3nv kn'wn a,'oerix InaPv.

Itd vide an {tgnmcntngreementdtrted03 12 2014 2r 11..nlyl le, 4,. respondenVptu,,.c' obkrned thc o..up*hn 'efr'fi'ate in rcspe.r ofthP subred uni6 on r1o2 z013 rnd 19.09.20r7 in Mo ph3ses and thereifter, orrcred the posesron oralll0 utriE on 09.12 2019' Upon railure of the .omplainanl to dear the lo amount thc friJn'ial in$ituiion namelv Phoeiix aRc Prr, Lttl. sent 3 \cnc daEd 03.012020 to lhe rcspondenr to pro.eedwirh the.an.cllJnonoltherllottedunit and rcfund of the lodn anount tr rerms ofthd bipartteagreemcntdtrted 1o0l.20ls and 2303'2019 ,i Th. iurhority observes thar (ha.ompLainant hff nled the preseni 'ompLrint s..ki,g rl,el.r pose$iotr ot rll rrre i0 ,'lloted trniLs alo's with deLav r3 or th.

A.t However, ih' i*rc berore the Atrthoniy is shether thc .onplainanrs are entitled to scek tha said rel'er in rotrsotrtrtr..wi(h dE buy.rs igreemcnt ere.trtcd inter re padies Padwtrh Tri- P nteAsr.mentexc.uted ner$ proes HARERA GI]RI]GIIAM Th.

Authon.y observes that the posesion LLnked pay'nent plan'was agreed b.rleetr the ps ics herein The paymcn\ were to be mads as tollows at thP tine oI boo[In8 Rs r Lr. (BsPl, uthin 15 days ol booktry Complete 90r/, (BsPrDc+RFRCrPBlCl, on ofier or posscss,on Co'nplete 10v, ISSPTDCTR|RC+PB|C)r 100s1] PLC r r00% IFMS and theconplainant ]vere .onL.J.LUrlly obLisatcd to nrke paym. nrke paym.nr olihe in*almenb as pertheasrced Lo nei.on hc.e thd the.omplainants rviilad a n n:\Ded ofthcaLLoted untandac.ordrns y, {hoeilatrs .erercd 5 rPA) was ryrrtPd o 1003.201s $d 2303.201s bet eei the.omplxiMnb, the respondent rnd ti,,an JLinnnrdon ii Baiii rmD.e Limitcd lhe.omplainanthaveraihdto payiheloan amounr(lte uMl/EMlt)to th! rrmn.irl inf(urion 4wd A 'he onr*aiding du.s ol trE respondenVpromoter rcs'lting rn the invocanon or p'o...diDsr uider theSARFAESr Artbythe lender' Irthei uldo sdon s(rlib).

Bai:r Fnrme Limit.d transrered the 3 lortr .onLpinyknonn asPlroenixTtRaPve atd. vid? anrsrSnmentagreemeitdatcd r cdi f3,iuron rhelr]'t or thc .oDpl3inants ro de} th.loananolnt, a l.(er d.red 03 012020 us (nt br rhe tirrsn.iaittrltution lPhoen,x,4xa L. atdl ro d,e rcspondentio p.o.eed lvith the.ancell.tion olrhe allotnent lnd rarltrd rsreement dared 1003.2015 and 2801201s Thc leter dat.d 03012020 " rep,odn.cd belos ror readv tuljtt 41 A D/corEfE n&t I-]ARERA GUllUGRAM D, EcA, Hate, 1.1@., tusuba tur.thi Maq, n r (ridMnu dhcd@.*rred 6 Lr. t"r,iptLtiAsEen E ) q4 d lno@stuFj fircrc.

Lnibd(qFL),rh.rd/".lg nd kda tuudhrry,kt ottotu tal10oea j@a (|bqn h q ho&@ prct nwnh nutiPh tstdernot uoib ht 6.

Nh. olMee. ^w Fbo1, srb.v)A cusaon (Poied ) a) rh BfL ho, ot atgly dtb'tvd o vn ot k.3,3s,21,e,3/. (Etsit cqa Etehtt lDeed aad r\|-.htt rrree tutt) a PU aad Brnk a: nore ponEtbtt dohoad etEr tu tre @6 h tqwq ol ho i aRc Pdtub Ltht@d |,.dry 6 o t'tu. oI Ph@nxrrun 1e 5 kr?ne D ( he L4tu1atory qd dtrz tuhb, dde Y.rtiE ndrt!' bEJtt lnoratdounhtt )r be hartu lJtar@n bt BtL r ei?t Enne olh.:rdhatn6 obrs eid the . tkt.i: a. bt^td.qdBt t E b\ane .he aedtu dwret aJ th.

Y'd k EsBtaJthe ao\ b roq $d wid L.rd* aturh4ch!6t hd$ h63lbndEd .Putu nstuh.ld t Na r.lz' h qt - to o d. naqt de' rx re uar4ro@lo tu b nd " 0" bata.-.

Nt.;, b )a",1, -" ." e) 1\or rhq.hre the kld.t ho' tua n ,tounkt-h,. d.-D;kte * "pr -"1!N r' d)1-'1. bt'4n r' t q onu a;\..dhydekd{q be Eiund. be Eiund.d bt !o! tu $? bndq hnhwd . atb@: ilw tqi@ b w th btdrt.

Athtes dela!1r a apoyher. alnrn dq a.t.redktn t dnd Etu'd hc ntirt odwnedtunted onautu dn$q b de Ia:,o1eJd..5nga\{b'Puk|'Nl!? na.rPh,arleA'.4r.naoaF\rl ;" ,."1^d h".,i.t.

N,**,,.*"t '. c a3 .tqr' .ts trcp.r'ar^ h* , ^; t *"r a* h-*tu ire a hb*n @ 18% ;,- h" hn "ltr" d"|,"ft n Prth.rt ofP[.hde p e @re b! de n he Flna al qho!\t wdr d!\and sh.t k Nd bt *r a ee ta Ni@ bank *HARERC @- alaLlcRAr,/ Adatrn dd.r' altd h.at b be E@ded h.e: er.tuhryNo e Phaeu rtui fl1e5 khea. t o R.335-Ld-t/. t qr, t ata Lgrry t_R tarr hanbE i,\o1d\.*a $a- tv' -"*1" ,h* h- *.*t *d ,t *-"? treian @ 1B% ,L arc. d. do@ oJ .re ,.;, ", _, ,. .b.It\pvafLi bo-4hu vih ot flirq ha?sB oi ii? @e at B% N 'Ke the ddk olt\e d4ovk in ;0D".'.,-,.-" ', 'q "".t'"I - 1"",t b "-*b",-d or totudb tuop aD.a,,ob'\tond/at."rrd ,."a-* *i"s yo, tr.- o" .tunrriok cut ot Lrv h' ruaio ol th. ;k-.*,area 0..*t.ithoaary trd{ retiqebpqwhdt notpka?nob it,ne tunhq -b thd ,n de e.,t *,h lat,tt ti. caas and.ans4!q.6.*tuirs L\e1J.an P|q'. t! h{ tuett la.tupwpRalntuM @rnt d .n ne qlunt 6 ennbt rr 6ne ll prr4, fr\a tvt, sn\?rtt rs rhrAnrhor vobseNcsthatasDer.l:use6ortheTPi,intheaventofdefauLtor refund the e.tire am o u nt di.edly to th e financlal instiiutio..

Th e rel€@r clauss of theTPAisreprodtr.ed belowrorr.adv refere..el 6 Funh{ ke Bdtdq. h rr. qa. ol d.kdr af @ryqr ol M br.he Rqows, sha or writur hunoL@/ir!fltu8 ottuldt turc.

Ld .rn.d.re dbhd.rl&e prcFrq drtheln@n rnd rctu er'ture ono@r advat ed/troded b! sdiq tua' Ltd- dn4dt b W nroE hd he butdu srott how .itrt tu E@w/h4dt.re @nd nd4" 29.

Sincerhe.omplainants railedto pay EMh inEmsortheirloan agEnen(, & ripadlte asreeDen($ b the render (BaJai Fina.c€ Llhi@d aDd subsequendv onc., ' . bu' oq .rdll on w 'd rrom inancialin$ibtion. celtheallotmenrolthesubiEtu.itand 9HARERA @ eunueneu ,,hoe,,x/xaPv. r,idl, the complarnants were d{laftd ar hon-perfominc aseh ('NPA"I on 010??ors by the lcndc.. rher.an. . rher.an.i rhe lender initiatcd p, o.e.drn3s urder tl,e SARFAESI Ad rgrinn the con,tnainanh by liLins.ase Do. s1/SA/DM ti)ed Phoentx ARc Pt.

Ltd vs.

Ne*oj choudhary &oB'.vide ntdet d.r.d r7 12.2019,the Ld DL$ri.t MagEifare, CurusEmdirededthepo$esion b. hand.d over(o lrielenderror u',irs no c sir oiiid C ssFF. r)rbLc, (l,e hnrn.ial Lnnrtuton !hen r,led r.ase rDr6t Jnd urtrkrupkyAd, 1ee2 [here]Mfter rr.trcdtoJs rhe"RDBAct',l nrL.d as Ph.onh Anc tu Ltd. vs DPTP Ltmt eda Ori bernns origiRLippl,diotr tro 112 o12020 before the llon'bLc Dcbt Rr.ovor r,ibunal 2, Deh, (l,.r.inalts r.rerld to as thc "DRr'l rhe .on,plsinants herern io 3 and 4 in th. $id ongrnaL Arrl,.anonNo 1120r2020 Duriisthependen.yof thcprc.eedingsberorerh.

Honble 0Hr', rhe finan.ial iDn 1u!oi aid respoideit tro agreem€nr dated 23.03,2023 ro seftLc ihe duesvth respcct to all tha uDts oaginaLLyallo(edtod,s.omplainan.

Asperthebrdsof theagreementdated ef'inded theentir iMnciaLloan amounr or Rsu.3s.u0,000/ to rhs Jinairr in{ ution :s luLl & liftrl setlemcnt anrouit Thr li' rhL,n{nuaonthen $uad No obidtlon Cedificat€sto rdspoidant tro I ro' relersnrs thc unts d a(ordrgly, respoDdent no1 again obtaincd po\rsron otth. untrs utrderlhe saRra[Sl A.!

Intermsofthe sa'd agrecmrnt l,{tre.n th.

Jinan.i,n N utioD a the orisinalappLi.alioi no 112 of 1020 $as disposed or L tllr llod'lrk DRT vide order dated r r n Atrrho,iq obseru.s that th. .on,pl fatrB wPrc pany to the pro..edings Dd.,th.sIlllil!:Sladrs!tLrsr!r'r'rn.l.ainolleiBirgnoran..ofthegornss oD trndlrtl,aine ,ldrted ! rhP roDpla nroLsw.r not'nr posinonto pav sr e (otr$deBtion oI rhe subied unit5 id even to sspice the loatu adva.ced bv the lendlnS insnbtion resulting i' the .harn of.vanb that led to the fo eltureofthepropeftiesTheresponde.iwas obligated to codply with the covena.b of $e tsipartite aSreenenb dated 1003201s and 23.03.2015 ln view ofthe abovs, the respondent annot be huuedlorthea.tiontaken in this regard 32. ln fac!, t has been brought to the no!i. the no!i.e or ihe Aulhoriv ihat lhe conplainans havetaken re.outre to the rcnsdiesundertherelevanr laws inthe DRTaswelL 33.

KeepinCinviewthesubmissionsmadebyho$thepartiesanddocum€nbplaced on re.ord itisobseNed that the .ohpla,nsn6 were conuadallv obli8ated to maks paymenr as per paymenr plan ageed beleen the padies u terms of clause 3 orthe BBA and ss.ilon 19(61olthe A.x lhe.ohplainants ac le3allv oblrgated to make ne.esary paymcnts wjthin th. dnq as specined in th' said agreement.

The relevant clause of the BBA alnd sectidn 1e (61 of th? ad are l}HARER, 4 c n r,nmr 1e Ruhb and ddh' do tu6. -" ""1 . *.d'i'@ t,..."a s. tMut FAtMitr ds'rc' or MrMo. lMtNAtoN ,-' . t., t ",a,,''.,, ,;" -tu,"i' ,; .i.. ,.*^' * d d{v dqe ord pqdu. t the topud td'" Pr[ho*4t r -' .h.;;- hr . ;a-^ -.ptv ,t 6*ae r\ ot rh.

Ea: d -i.a*^ - l].n* a,, -a, t" *-cnat i nr n' qry bEKr ar cd raat. tc etk4ca$.nhe *HARERA ano!

5 oI strt\ r lP h dz ?E rt kkt/cqn.nits to t *-4.es n' ne a. shat be t.It n6 no nstu q inb s q/htmiu Pttt sndt hore t e ob6dub dsh b e h sda tuor to q.hnd po.t tu / cotrntnns Pqt! hr e 'rJ!'d, t ary. qad the kt{ /i11t,rD, / Po tt rdt.cind tu bqkhe q\ortL n q)t b trt I nr^.l\) wrhot or! ntrc! wthn ura) are t!\&d 1\ent, Lq5 non tre td. o] sok al .re F6. bt the rt{/caanth)rs Poty b or," thtrd Pt!

3, HawE.,u thc \erthr Pv.164:) d.hdB hnokne pn ral apud. tlP kk'/tqnmas P Q y hdt r da8 b srunt nn. b tuihtet(r .o '4nb '!a etudt k @r o lttdrernN d6? hrhqQ4, sha anwrdedqwnql'qdls|.h d adte ,i the pqiod ofddq!

6oiarypotne node bt thePwhtst4thor &r6t ad)6kd.oNtds ttht sldt be odPn r hwtu d t 1re Pud\.4t 16 rtt lrertu Pwdon(s) anc?!J, v'deo\|) q rttddqlrE dbtn L lot ont Ararfiod@v{ h!tuid.ldhe $4thek {/co6tnus Pofr!

Nan R4lndobte arr6 pqd 6 a?

P{th!e{' rtu Pad6q, ihntd@t,tttbaeht/contun t tu4r h. tu cl'rd, )l ort a\d hN kkt/.antunits rutt shdt ftflrd de bdtrceonalm ) ! the,"J' kN. he,"J' kN. anolnt 1+ 4re, kdtdhs$e eqft! rEt ond Nan turadabk A atns aa4art od* anunE dw @d e obh bt tht Prfth@'|4,w dat Jrktuktutonq5orqarh. tw.hb.d twrr) 20) otr Hlndpd ntnq D4 5lan r. hQ ol qb tl o. tho. q r. kk/cortunns Pqtt b oh! dnd pory alNo&Iheid,@ rr{/crrt,nnq Po1 idt hq t q^dre qrt h k.nhdukoret be db,i.tol E t\rchqaL)Rht $r^erenqLra ur44aJqry ol tlP kh\|nq ntirn E * 6 t dclou tvrlh'hd| t.the iltne6prcnt hreb9bNe rht Prtha*4, aqree tha dt i{art6, barr6 qntht ranronprqrcc dq\ot tre tern'o @nttio alrhE^ereenqlstrtt bed@azdbb *-i4d.kdt tu?at6,. -t," di6ot detod\ qe neltioned ? nne \)p'hted, hrve b pot rajd and dt adt delodts HARER,q GL]RJGRAIJ ant rq de /dadh4./!nen!hnes/ nba,. t u to @4am qry a6* auBano\ nory' kt bd D etn/.nrtin Phtr)6r rc. to. auq r1Nn6'a\ s ru th! he $Prlard q nt rk'/clnlintie lb,it n ns trde t\a@t 6 mt be dlrodcd I Asgtaat al thr t!4.reii t ary ) {4t rl tk P rd64 ) n $tr s Dbrq ru al ant d4r4t eN, q tr-" turr64o ht t4^ \ ^tdaqt al hu rb be4 obahd 'u \ @atndnrthd\ rt?t/cotunns b.ry r bt ary arth.tt: 1 ^ N dthrr al hc n.n: utd ordtaa' ith( asEm? lhano r. '"i tuttt.-, t ix 'us,u-. a -iet h Nq qe rt ddavd arynut oa trrt\Dedp X * tp. al PaF.

Har' na4brc' of d d,i*d.ndh 4, /p,vhetuda,3.'6hbt?$rqqd a p-4rdI an pq'dKe b Lh. nrh' al6t *n4 /.rtannn!

P(tt nselrdi a How.ve' itismatrerorfa.tth thecomplai..ntshavefaLledtomakcpavn'etrE is po the agreed ii the ripaitite agrccrent &ted 1003 2015 3nd 230:l201s nb ind fiMn.nl in*nution (Baral Finan'e LLm tedl drus the s3ne violiting .ont.actuil obligation whrh led to tlE iinirtion of pro.eedinss under sA rhe rcspondeitwas obligated to ad (pon thekterd,ted 03.012020 issued bv the f rnflrL innitution upon defauli ol the .omplainants to make tin'Plv pi ment.lnv,eworthcfacrurlasw.llislegaLprovLiotrs,the.eLLersoughtbv rhc .ompl,,iianc c hereby dedined rs the .omplamtru/aLlotec have u'l;tad ilr ten ?nd .onditions ol the burcrs ,greem. rs ,greem.nt 6 $all as the tirpaftte tH gP- G ARERi !RJGRAM as per the agreed payment plan 3s.

Thisd{islon shallmutatis Duta.dis applv to 6ses meniiohed in pam 3 ofthis ord.rwhereindetaikorthesubi4tunitlsmefrion.d ln each orihecomplainb' 36 comphintaswellasappli.ations, if anv,sandsdisposed otraccordirylv' 37.

Fllesbeconqnedbnsistry asreeDent dated 10 03 20t5 and 2303 201s bv defauninS in making pavnent