Noida, Nov 12 (PTI) Three directors associated with the Ansal group have been arrested for failing to clear RERA dues

Noida, Nov 12 (PTI) Three directors associated with the Ansal group have been arrested for failing to clear RERA dues

Noida, Nov 12 (PTI) Three directors associated with the Ansal group have been arrested for failing to clear RERA dues

Noida, Nov 12 (PTI) Three directors associated with the Ansal group have been arrested for failing to clear RERA dues of over Rs 77.66 crore, with a court order directing their detention for up to 15 days, the Gautam Buddh Nagar district administration said on Thursday.

     The action was taken on November 11 by a joint team of the police and revenue department following arrest warrants issued against the directors under the Uttar Pradesh Revenue Code, 2006, the administration said in a statement.

     "Rs 77,66,80,434 (Rs 77.66 crore), along with interest, was pending as land revenue dues against M/s Ansal Hi-Tech Townships Ltd and Uttam Steels Associates Ltd under recovery certificates issued by the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA)," Dadri Sub-Divisional Magistrate Arun Kumar said.

     The three arrested directors have been identified as Shriram, Mohammad Aleem and Tasleem Siddiqui, according to the statement.

     "They were produced before the SDM after their arrest and given an opportunity to present their case and either pay the outstanding amount or furnish adequate security," Kumar said.

     "However, as they neither deposited the dues nor furnished sufficient security, the SDM ordered their detention for a period not exceeding 15 days for recovery of the outstanding amount," he added.

     An order has also been sent to the superintendent of the district jail to take the three directors into custody in accordance with the law, according to the statement.

     Kumar said the district administration was giving top priority to recovery of dues against recovery certificates issued by the Real Estate Regulatory Authority (RERA) and other departments.

     "Strict legal action, including attachment of bank accounts and movable and immovable properties, their auction and arrests, will be taken against builders and other defaulters who have failed to clear their outstanding dues for a long time," he said.

     The administration has appealed to all defaulters in Dadri tehsil to clear their pending dues immediately, warning that further legal action would follow in case of non-payment.

(This story has not been edited by THE WEEK and is auto-generated from PTI)