Haryana RERA issues arrest warrant against Shree Vardhman

The Haryana Real Estate Regulatory Authority in Gurugram has issued an arrest warrant for the directors of Shree Vardhman Infrahome Private Limited for failing to transfer ownership of a unit to the assigned individual. The warrant was issued on February 7 by the adjudicating officer’s court following a complaint from the allottee, according to an official statement from HRERA.

The allottee’s counsel informed the court that despite a court decree, the unit in question has not been transferred to the allottee. The counsel requested the court to issue arrest warrants for the directors of Shree Vardhman Infrahome Private Limited. The adjudicating officer court granted permission to arrest the directors and bring them before the court on or before the next hearing date of March 28. The court had previously issued a show-cause notice to the directors in connection to the matter but received no response despite proper service.

The court expressed Its dissatisfaction with the company’s “neglectful attitude” in following the regulations set by the authorities. The court noted in its order that on December 6, 2022, the respondent real estate company Shree Vardhman Infrahome had promised to transfer ownership of the unit to the allottee within 15 days. However, ownership has not been transferred even now.

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Haryana RERA issues arrest warrant against Shree Vardhman

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