Email: contact.ngrwa@gmail.com 

 SUNITA MALIK

President

Mobile No 9871751404

     

To
The Hon’ble Chief Justice of India
and Companion Justices,
Supreme Court of India, New Delhi

Subject: Urgent Prayer for Expedited Hearing in SLP (C) No. 9669/2024 and Appointment of a New Functional Board of Urban Improvement Company Pvt. Ltd.

Respected Hon’ble Chief Justice and Hon’ble Justices,

We, the New Greenfields Residents Welfare Association (NGRWA), representing more than 40,000 residents and plot holders of Greenfields Colony, Faridabad, most respectfully submit this humble petition before this Hon’ble Court:

 
1. Delay in Hearing Before This Hon’ble Court
Despite the stay order dated 06.05.2024, the matter has regrettably not been heard regularly. Since May 2024, only three hearings have taken place. The case has repeatedly not been reached on the assigned dates. The last tentative date of hearing, 16.09.2025, was deleted from the list and no fresh date has since been notified.

 2. Purpose of this Petition
That this petition is being submitted to humbly request urgent and continuous hearing of SLP (C) No. 9669/2024, which directly concerns the fate of Urban Improvement Company Pvt. Ltd., its shareholders/legal heirs, and thousands of residents and plot holders.

It is submitted that, owing to prolonged pendency and non-hearing since May 2024, the affairs of the Company have fallen into paralysis. The absence of a functional Board, coupled with drying revenue sources and incomplete civic services, has created a grave situation where residents are suffering daily hardships.

 3. Consequences of Non-Hearing
This prolonged non-hearing has left the entire colony in a state of paralysis. Greenfields Colony today houses nearly 40,000 residents, and the civic services required for such a large population cannot be provided by a paralysed and incomplete company board.Intervention by the Municipal Corporation of Faridabad (MCF), which is already a party before this Hon’ble Court, is an urgent necessity. However, such municipal takeover and integration has remained indefinitely stalled due to pendency and non-hearing of the matter.

It is further reported that the Company’s sources of revenue have dried up and contractors providing essential services have not been paid regularly since June 2024. Consequently, while contractors have not entirely abandoned their responsibilities, they are unable to depute full manpower, and the Company itself is equally unable to supplement the deficiency. The result is that services are rendered in a piecemeal and inadequate manner, causing serious civic hardship to residents who are compelled to live without assured supply of basic amenities.

 4. Background of Proceedings
That Greenfields Colony has unfortunately been the subject matter of continuous litigation since as far back as 1976, when the original shareholders of Urban Improvement Company Pvt. Ltd. effectively vanished, leaving behind unresolved corporate governance and ownership disputes.Over the decades, various appeals and proceedings have remained pending, without any final resolution, causing uncertainty for plot holders and residents alike. Most recently, the Hon’ble High Court of Delhi, vide its order dated 22.03.2024 in Company Appeal (SB) Nos. 36/2011, 37/2011, and 79/2011, directed handover of UICPL to certain shareholders/legal heirs.

The said order was challenged before this Hon’ble Court in SLP (C) No. 9669/2024 and connected matters. By order dated 06.05.2024, this Hon’ble Court was pleased to stay the operation of the impugned High Court order, thereby restoring the earlier Government-nominated Board.

 
5. Historical Misconduct of Shareholders and Protective Role of Plot Holders Association

That the chequered history of Urban Improvement Company Pvt. Ltd. reveals how the original shareholders, having subscribed to a mere paid-up capital of Rs. 5 lakhs, in fact collected over Rs. 15 lakhs from unsuspecting plot holders in the 1960s, and thereafter clandestinely advanced such monies to their sister concerns before vanishing altogether. For nearly sixty years they remained absconding, only to resurface after manifold escalation in property values, now viewing Greenfields as a veritable “goldmine.”

During proceedings before the Hon’ble High Court of Delhi, the legal heirs of such shareholders repeatedly made solemn assurances that they would infuse substantial funds to revive the Company. By order dated 06.05.2013, this Hon’ble Court specifically recorded their statement that:

“…the applicants shall infuse funds into the company. It is submitted that a sum of Rs. 30 crores is available with them, out of which Rs. 10 crores can be immediately infused…”

Again, vide order dated 31.05.2013, the Hon’ble Court noted their reiterated commitment:

“…learned counsel for the shareholders has reiterated that his clients are committed to bringing in funds required for revival of the company. This court records the undertaking that infusion of funds will be ensured, subject to representation on the Board…”

Subsequently, in order dated 08.02.2016, the Hon’ble Court recorded the submissions of their counsel that funds would be infused once developmental requirements were quantified. Importantly, the Hon’ble Court observed:

“…the prayer of the shareholders/legal heirs for representation on the Board of Directors of UICL will be considered, however this shall be subject to actual infusion of requisite funds by them…”

Ultimately, by its detailed order dated 22.03.2024, the Hon’ble High Court directed the shareholders to deposit Rs. 50 crores in four instalments in an escrow account with the Municipal Corporation of Faridabad, the first instalment being Rs. 12.5 crores. Yet, despite these categorical directions and their solemn undertakings, the shareholders failed even to deposit the very first instalment.

This conduct laid bare their true motives: to usurp the valuable land bank and assets of UICPL, liquidate the same at prevailing market rates, and once again abscond without accountability.

It was in this alarming background that the Greenfields Plot holders and Residents Association, which has for decades safeguarded the interests of over 3,600 plot holders, was compelled to approach this Hon’ble Court by way of SLP (C) No. 9669/2024. The said SLP was filed only after it became evident that the Hon’ble High Court had, by order dated 22.03.2024, handed over control of UICPL to the shareholders without a meaningful examination of their credentials, and ignoring the pleas of the plot holders’ body. In their brief one-month stint, the shareholders demonstrated their intent by failing to deposit even the initial Rs. 12.5 crores; their designs were clear to monetise the Company’s assets and abandon the colony once again. It was only through the intervention of this Hon’ble Court, vide stay order dated 06.05.2024, that the predatory takeover was arrested and the rights of plot holders protected.

 6. Governance Vacuum Post-Stay
That although the Government-nominated Board stood restored upon stay, one of the Government-nominated Directors has since refused to rejoin, resulting in an incomplete and non-functional Board of Directors.

This has created a structural vacuum wherein essential statutory and corporate functions—such as execution of conveyance deeds, coordination with the Municipal Corporation of Faridabad, and supervision of accounts—have all been paralysed. Instead of stability, the stay has inadvertently led to worsening uncertainty for thousands of residents and plot holders.

 7. Alleged Financial Irregularities (as reported amongst residents)
That in this interregnum, residents have consistently heard reports and rumours of rampant financial irregularities, which have fuelled grave suspicion and loss of public confidence in the management of UICPL. These include:

• Reports of fabricated and unauthorised resolutions being presented before revenue authorities;
• Allegations of inflated bills and questionable contracts for security, water supply, and staff salaries;
• Complaints of fraudulent receipts and mismanagement of cash collections at the site office;
• Perceptions of complete absence of oversight and accountability, both at the head office and site office.
  Whether fully verified or not, these persistent reports have created an environment of mistrust, and the perception of collapse in corporate governance has deepened the distress of residents and plot holders.

8.Appointment of Court Commissioner: A waste of public money

Mr. Arun Arya was appointed as Court Commissioner under the Delhi High Court order dated 22.03.2024, during a time of legal contest between shareholders. However, with the Hon’ble Supreme Court’s stay order dated 06.05.2024 in SLP (Civil) Nos. 9669–9671 of 2024, the legal context under which he was appointed has ceased to exist.

The Supreme Court reinstated Mr. Bharat Bhushan as Government-nominated Director and allowed joint supervision with the Court Commissioner as an interim measure. But the specific tasks assigned to the Court Commissioner—resolution of shareholder disputes and facilitation of municipal handover—are now defunct. Yet, Mr. Arya continues to assert authority, draw remuneration, and interfere in administrative functioning, all without a legal mandate or any corresponding accountability

Pointed Allegations and Misconduct

A. ₹49 Lakh Loot on account of salary of Court commissioner in blatant violation of Hon. High Court Order Dt.22.3.2024. 

i)  Mr. Arya continues to draw a monthly salary of ₹3.25 lakhs, totalling nearly ₹49 lakhs, despite delivering zero operational value. There are no reports, no site visits, no stakeholder engagement, and no records maintained—not even a token effort to justify this drain on public money contributed by residents. The salary being paid to Court Commissioner violates Hon. High Court order dt. 22.3.2024. As per the said order, his salary was to be paid from the escrow account for the deposit of sale proceeds of assets. The relevant portion of Hon.High Court order dated. 22.3.2024 is reproduced here below :

(vi) Shri Arun Arya, Principal District & Sessions Judge, Delhi (retired) is hereby appointed as the Court Commissioner to supervise the completion of the pending projects, initially for a period of six months from 15th April, 2024. He will be paid a fee of Rs. 3.25 lakhs per month plus Rs. 5,000/- for every visit to the site; and who shall be assisted by Shri Ravi Chawla. Advocate, who shall be paid a monthly fee of Rs.1,25,000/-. The same shall be payable by 7th of each succeeding English Calendar month from the First Escrow account referred hereinabove.

The details and modus operandi of first escrow account is given in para 3.2 of Hon. High Court order dt.22.3.2024, reproduced here below

3.2 Upon sale of assets of the Company or existing funds or amounts arranged through any other resources of Urban Improvement Company Pvt. Ltd., the Shareholders would deposit all the sale proceeds and funds from other resource if any (after deducting the expenses incurred in executing the sale, account of which shall be kept by the Shareholders) into two different escrow Accounts to be opened specifically for that purpose. THE FIRST escrow account jointly operated with COMMISSIONER MUNICIPAL CORPORATION OF FARIDABAD or his representative and CHAIRMAN of Urban Improvement Company or shareholders or any authorised representative for the works to be executed by MUNICIPAL CORPORATION OF FARIDABAD.

ii) Conflict of Interest and Hidden Business Ties                                                                                              Mr. Arya the Court Commissioner, is a Director in a private arbitration body (AIIMAS)—a role he never disclosed to residents or the judiciary. His visible proximity to ousted shareholder directors suggests that he is not a neutral officer but a compromised actor, serving external interests at the cost of justice and transparency.

B. Willful Inaction and Manipulation by Chairman

Instead of asserting rightful control post-Supreme Court stay, Mr. Bharat Bhushan has allowed this absurd dual-power structure to persist. His refusal to clarify roles, act against corruption, or discipline rogue staff raises serious questions of complicity and collusion.

C. Financial Embezzlement, Contractual Corruption & Land Grab

Under their watch, we are witnessing:

•           Rampant fake receipts and cash misappropriation by Greenfields office staff at Faridabad, currently under FIR and police investigation, leading to the resignation of 4 employees, the entire accounts and public dealing team. Yet, the company has not lodged any police complaint; in fact, they are playing ignorant and even denied any such fraud to the police team investigating the matter. 

•           Manipulated and inflated bills for contracts for security, water tankers, repairs and muster roll staff hiring, handed to dubious vendors. Approximately Rs 30 lakhs is being siphoned off monthly. Imagine the quantum of fraud, approx. Rs 3.50 crores yearly. Only a handful of workers are working under these contracts rest are only paper entries. 

•           Illegal encroachment of school land by vested groups without intervention

•           Neglect of civic upkeep and obstruction in property registration, regularisation and municipal takeover. 

D. Corrupt and inefficient Site office incharge. :  

The site is being governed by Sr Project Engineer and the Estate Manager. At present, the post of the Estate Manager is vacant. Earlier, there was one Col. Rikhi, Estate Manger, a highly inefficient person,  a psychopath who was appointed to just accommodate him since his family was hostile towards him due to his behaviour. His medical examination will prove this fact.

Another fellow, the Sr.Project Engineer, is 65 years old, a corrupt person. His only job is to raise fake bills , collect money and distribute it among stakeholders . An enquiry should be conducted into the affairs he is handling.

The most astonishing fact is that since this Chairman has joined He and his OSD have made site office immune from the Head office scrutiny. The site officials on the condition of anonymity informed  that earlier too the Chairman himself  visited site office and issued directions, bypassing the scrutiny of the officials posted at the Head office in Delhi. They were made to start work even before a formal work award by the HO. It is also learnt that he is sole signatory of company’s bank accounts instead of usual practice of having joint signatory.

E. Fraudulent Conduct and Wilful Inaction by Chairman and Court Commissioner – Submission of fake resolution before District revenue authorities, Faridabad  

 It is a matter of grave concern that the Chairman of Urban Improvement Company Pvt. Ltd. has, in blatant disregard of corporate governance norms and judicial mandates, persistently attempted to execute conveyance deeds for Greenfields plots without a valid and legally binding board resolution. What is even more disturbing is that the Court Commissioner, instead of approaching the Hon’ble Supreme Court for appropriate directions to the Tehsildar, Faridabad — which would have been the correct and legal course of action — chose to indulge in unlawful conduct by collaborating with the Chairman in preparing and presenting a fraudulent board resolution before the revenue authorities. This fake resolution, not signed by a complete board and lacking legal sanctity, was deceptively used to mislead the registration machinery, thereby defrauding not only the law but also thousands of affected plot holders.

The inaction and silent complicity of revenue officials, particularly the Tehsildar of Badkhal, in accepting and processing such documents despite the ongoing stay by the Hon’ble Supreme Court, raises serious questions about their role. Their failure to verify statutory compliance and their willingness to entertain these fraudulent actions point towards a well-coordinated nexus between vested interests. This is not just administrative negligence — it amounts to betrayal of public trust and facilitation of illegal profiteering by rogue property dealers.

It is evident that the Chairman and Court Commissioner have shown no empathy or urgency towards the long-pending registration issues of plot holders or woes of over 40,000 residents. Despite having 15 months since the Supreme Court stay, they made no honest legal effort to seek clarity or resolution through proper channels. Instead, they resorted to shortcuts and deceit, prioritizing illegal transactions over the legitimate rights and interests of genuine plot holders. Their conduct is unbecoming of any public-spirited role and warrants immediate investigation and strong legal action.

 8. Public Hardship
That as a direct consequence of this paralysis:

Roads, sewerage, and water supply remain in disrepair;
Street lighting is absent, increasing safety risks;
Property conveyance deeds and registrations have come to a halt;
Municipal takeover of civic functions has been indefinitely deferred.
Thus, residents and plot holders, despite decades of investment and compliance, remain trapped in a legal and administrative deadlock.

9. Need for Judicial Intervention
That in matters such as Unitech and Amrapali, this Hon’ble Court has taken proactive measures to protect the rights of homebuyers and residents against mismanagement. The plight of Greenfields Colony residents is no less severe.Without urgent and continuous hearings, coupled with the appointment of a neutral and competent Board, the situation will only deteriorate further.

 
Our Humble Prayer

In these circumstances, we most respectfully pray that this Hon’ble Court may be pleased to:

• Direct urgent listing and continuous weekly hearing of SLP (C) No. 9669/2024 until final disposal;
• Order constitution/appointment of a new functional Board of Directors of UICPL, comprising persons of proven competence and neutrality, to restore corporate governance and accountability;
• Declare the office of the Court Commissioner functus officio in light of the stay order dated 06.05.2024, thereby preventing further waste of public money towards his remuneration;
• Pass such other orders as may be deemed just and proper in the interest of justice, equity, and protection of the residents and plot holders of Greenfields Colony.
   
  Respectfully submitted,
  On behalf of the New Greenfields Residents Welfare Association (NGRWA)

           sd/--

            Sunita Malik                                                                                                                                                  President