
Recovery Order of NOIDA Authority stayed by Allahabad High Court.
Hon'ble Allahabad High Court has stayed the demand order issued by the NOIDA Authority in pursuance of Gajraj Judgement vide which it imposed the illegal demand of "64.7% Additional Compensation" upon the builder company despite the said demand being Contrary to Lease Deed entered into between the parties. Also, the said demand is unlawful and arbitrary, in as much as, after the execution of Tripartite Sub-lease deed, Allotment Agreement and AOA Handover Agreement, the "allot