Authority: Supreme Court of India
Order Date: 10-09-2026
Case Overview
- Civil Appeal No.814/2026 filed by Lotus 300 Apartment Owner Owners Association against IndusInd Bank Ltd & Ors.; multiple interlocutory applications listed.
- The Court is acting on its earlier order dated 18.05.2026 directing NOIDA Authorities and the Resolution Professional to register homebuyers and issue occupancy certificates after document verification.
- Out of 330 homebuyers, 261 have been registered, occupancy certificates issued and tripartite agreements executed; the remaining will be registered and certificates issued once documents are submitted.
- The Court also considered IA No.227305/2026 in SLP(C) No.25758/2024 where petitioner No.1 (Ashish Gupta) sought permission to travel abroad for eight weeks.
Final Outcome
1. The Court orders that the registration of the remaining homebuyers and issuance of occupancy certificates be completed within four weeks, with a compliance affidavit filed thereafter; the matter is to be posted on 20.11.2026.
2. Permission is granted to petitioner No.1 to travel abroad for eight weeks, subject to the following conditions:
- File an undertaking before the District Magistrate, Gautam Buddha Nagar, within one week, detailing flight details and return date.
- Deposit the original title deeds of House No. D‑222, Sector‑47, Noida‑201301 in the name of Ashish Gupta before the trial Court within one week.
- Deposit the passport of his father, Mr. Jitender Gupta, with the District Magistrate, to be returned on his return to India.
- No opening or closing of overseas bank accounts and no property transactions abroad.
- Travel limited to China, Dubai, Thailand, United Kingdom, France and Germany; passport to be placed before the trial Court on return for verification.
- Failure to comply with any condition will result in denial of travel and appropriate consequences.
3. The interlocutory application is allowed on the above terms.
Topics: Homebuyer Registration, Travel Permission