A coram of Chairperson Justice Prakash Shrivastava and expert member Dr A Senthil Vel observed that a substantial issue relating to compliance with environmental norms was raised and accordingly, issued notice.
The National Company Law Appellate Tribunal (NCLAT) on Monday set aside a plea seeking insolvency proceedings against Ansal Hi-tech Township Ltd filed by its homebuyers of a project in Greater Noida.
Altogether, the implementation of recommendations of Amitabh Kant committee on legacy stalled projects has paved the way for the registration of 15,000 flats in 94 projects in Greater Noida, it said in a statement.