[Resolved]  Triveni Infrastructure Development Company Ltd — 4 YEARS AND ZERO DEVEOPMENT

Sir

This is to bring to your kind notice that:

1. The undersigned booked an apartment with M/S Triveni Infrastructure Development Company Limited, hereinafter referred to as TIDCO, with it’s corporate office currently at Second Floor, A27, Mohan Cooperative Industrial Estate, New Delhi, and made the following payments to them:

a. Rs.13,50,000/- via HDFC and ICICI Bank Cheques


2. That the undersigned was allotted Apartment Number S6 2nd Floor Flat# 205 in Triveni Signature Project in Sector 89, Faridabad, vide Allotment Card number 002528 Dated May 13, 2007

3. That when the undersigned visited the project site on Oct 12, 2009, he was surprised to see that except for excavating the site, there was no progress at all and almost all towers of the project were in a very bad shape;

4. That on further investigation, the undersigned came to know that TIDCO did NOT even have a license for the project. The license for said piece of plot is in the name of M/S Triveini-FERROUS Infrastructure Private Limited, R13, Greater Kailash I, New Delhi 110048, which TIDCO claims to be a Joint Venture between them and another company by the name of M/S Ferrous Infrastructure Development Company Limited (current address not known). However, at no point of time did the company inform the same to innocent investors like me.


5. Moreover, even Triveni-Ferrous Infrstructure Pvt Ltd was granted a license for the project only in January 2007, and that till the time they demanded first two instalments (totalling to Rs 6,00,000/-) the license was NOT EVEN GRANTED to anyone, and as such, no one could have sold or promised to sell the proposed apartment to anyone under section 7(i) of The Haryana Development and Regulation o[censored]rban Area Act of 1975;


6. That the builder is now not building the Triveni Signature Apartments , I have registered my protest against this with various officials as well as with Mr Madhur Mittal and Mr Sumit Mittal (both, Directors of the company). When I met Mr Madhur Mittal and Mr Sumit Mittal last on Oct 12, 2009, in their office aforementioned, they threatened me with dire consequences and refused to pay my hard earned money back. They even cited examples of their earlier projects namely Agra Rangoli, Agra Gymkhana Club, and Krishna Vatika, Vrindavan wherein, according to them, they forced the customers to agree to their terms and conditions and handed over the possession on As-Is basis, and said that I too had no options but to give-up to their demands. They also said that they are too influential and would make my life miserable if I did not give in to their demands;


7. That on further investigation, the undersigned came to know that Mr Madhur Mittal and Mr Sumit Mittal have a long history of not completing the project. The Madhya Pradesh Government had issued recovery notice against them for some projects in 1996-97

District Magistrate of Agra declared them “Bhoo-Mafia“ (land Mafia) in 2008 , and there are a large number of cheque bounce cases against them, in some of which, they were even awarded punishment





Regards

Praveen Arora

16 Vasudev Nagar Colony,Gali N.o –10,Pratap Nagar,Delhi 110007

Phone: +91-[protected]