BEFOITL]
                                                                          AUTHORITY
                THE NlAHARASHTRA REAL ESTATE REGULATORY
                                     NlUNlBAI

                                   SUO N'IOTU CASE NO: 1ti5 of 2020


                                                    Authorih                   Complalnan t
Secrciar\', Nlaharashtra Real Estate Regulatorv



                                                                                Ilespondent
    tnvrgc Builders

    l- H. V. Patt'l & .\sstrciates (Chartered Accountant)
                                                   (Projdt Architltt)           Project Professionals
    2. l)L'stination ArchiLccture Interior Desings



    \,lahaRERA registration no: P52000010590

    Corum: Shri. Cautam Chatterjee, Chairperson' N'lahaRERA
    None appcared [or ResPondent'
    Ncine appeared for Proiect's Professionals'


                                                   Order (Ex-I'arte)
                                                   N1ar.h 16, 2020


                                                                         ResPondenfs 'Sukhkarta 1"
I        This is a Suo-Motu matter taken uP by MahaRERA against the
         \dhich is registered with Maharera Registration No P52000010590'


                                                                                  the proiect
:        On review ol the Responden(s Proie.t rcgistration' it is observed tl-Iat
         registration of the said proie{t llas lapsetl on December 31' 2018
                                                                            and thercaiter' no

          extension of the date has been either sought or Eranted under
                                                                             the ProvisiLrns of the Real

          Estate (llegulatiorl and Development) Act, 2016 and the rules
                                                                                   and (egulati(n$ mldc
                                                                                   u'ebPage show that thc
          thereuntlcr. Further, the details available ()n thc Proiect registration
                                                                                          thc ANu?rl
          proicd is not yei comPleted. lvloreover, the ResPonclent lras not uploaclerl
                                                                                                undcr
          Audit Rcpolt of Statutory CA - Form 5 for IY l7-I8and liY 18-19 till date as requtued
           thc pro,Jisions of section 4(2) I and scctiolt 1l(1) of the Real Estate (Regulatiolr arrd



                                                       717
                                                                                      1
                                                                                    General Regulations'
      Develol,ment) Act, 2016 {ead lvitil regulation 4 of t'\e N{ahaRERA
      2417



      Sin.e,therehavebeel1noonlinecomPlaintsfiledwithMahaRERAind-lisProje.t,asye'
                                                                                          and Proiect
      this matte! was taken uP as a Suo Motu Complaint and the ResPondent
      Proiessiollals, associatell r4'ith the proiect, were called for the
                                                                          healins No one aPPeared for
                                                                                    sPite of service of
      the Respondent and Project Professionals, associated with the Proiect in

      notice.


                                                                                             would
.1.   At this stage when the proiect registrahon Peiocl has iaPsecl, t]1e only wa,v forwartl
      be to protect the right of the allottees ard enable tlem to form an
                                                                            Association of allottees

      who can take an informed decision regarding carrying out ihe balance $'ork
                                                                                              to complete

      the projer:t.


      ln vierv oI the above facts, the Respon.lent Image BuilLlers is hcreb-v dircctecl io handover
                                                                                                allottces of
       the list of allottees ot the said Project, alonfi with their contact detai]s' to all the
       the said project, alcrng with a coPY of this order, to enablc the allottees to iorm an
       associahon of allottees and thereafter take an infonned dccision pert:riing
                                                                                               to the s;rid

       project. Thereafter, the association oI allotiees may like to pro'eed utlLlel Sectiol
                                                                                                 7/8 of the

       Act as per the NlahaRERA Order no. 8/2019 dated March 29,2019'

                                                                                                Forrn 5 for
      The Respondent is dilected to upload the Arurual Audit Report oI Statutory CA -
       FY 17-18 and FY 18-19 within 30 daYs from the date of this Older'



        Consequentli,, tl-Ie matter is heleby disPosed of



                                                                                               .S: -1
                                                                                           tam Chattetiee)
                                                                                (          on, MahaRERA




                                                      2/2
                                                                            Sr. Ncr    l0+
            BEFORE THE MAHARASHTRA REAL ESTATE RECULATORY AUTHORITY
                                             MUMBAI

                                             ROZNAMA
                             Date: Monday, February 1Z 2020 at 11.00 am

     eq.I3.E
     Shri. Gautam Chatterie€, Hon'ble ChairPerson

Proposed date    SUO MOTU NO              /2020
o{ Completion                          Name,
                 SUKHKARTA 1
                                       Designation,      Representative /
31-Dcc-18                              Contact No.       Counsel /
                 P52000010590
                                                         ln
Respondent 1/    I\'IACL LTUILDFRS
Promoter 1


Project          H. V. Patel &
Professional:
CA

                 DESTINATION
                 Architecture
                 lnterior Designs

Next Date

Promoters/ Project Professionals did not appear

Closed for Exparte Order.




                                                                                 a-flj!_ __-n
                                                                                      Chatterjec

                                                                          Chairpcr,ro,r,,UahaRl iRA