Suraksha Realty       Jaypee Infratech.    Noida 

“No home delivered. Only bills delivered.”

Despite no possession of flats from 2011 to 2025, homebuyers are facing escalating and coercive financial demands, including compound interest exceeding 20%, which are not authorised under the NCLT-approved Resolution Plan.

Instead of protecting homebuyers, the Statements of Account issued by Suraksha Realty:

✔ Impose interest not expressly authorised by the Resolution Plan;
✔ Apply compound interest exceeding 20%, contrary to Plan terms;
✔ Deviate from the binding NCLT approval order;
✔ Undermine the Clean Slate principle and the approved ₹3,539 crore financial framework.

If such demands are permitted:

⚠ Pre-CIRP liabilities would effectively revive;
⚠ The Resolution Plan’s viability would be compromised;
⚠ The authority of NCLT orders would be diluted;
⚠ Homebuyers would suffer unjust financial burden despite non-delivery of homes.

We respectfully demand:
📢 Enforcement of the NCLT Clean Slate in the Jaypee Infratech / Suraksha Realty case, including:

• Immediate cessation of all retrospective or compound interest demands not authorised by the Plan;
• Strict enforcement of Paras 17.7–17.8, 34.25–34.28, and Para 145 of the NCLT order;
• Regulatory oversight by RERA, IBBI, and other competent authorities;
• Recognition that pre-CIRP homebuyer dues stand extinguished under Section 31 of the IBC.

Sign to support enforcement of a binding judicial order and protection of homebuyers’ lawful rights.

#NCLTOrder
#CleanSlatePrinciple
#RuleOfLaw
#HomebuyersRights
#JaypeeInfratech
#SurakshaRealty
#NoPossessionNoPayment
#PMOIndia
#CMOUttarPradesh
#CMOJansunwai

#Noida