Latest News | Noida: Promoter Hospitalised After Arrest over Pending Dues

Get latest articles and stories on Latest News at LatestLY. A real estate group promoter was hospitalised after he complained of chest pain following his arrest over non-payment of dues amounting to Rs 40 crore, officials said on Tuesday.

Noida, Jan 9 (PTI) A real estate group promoter was hospitalised after he complained of chest pain following his arrest over non-payment of dues amounting to Rs 40 crore, officials said on Tuesday.

Mukesh Khurana, the promoter of Rudra Buildwell Homes, was arrested on Monday as part of legal proceedings for the recovery of dues from the group, a senior official said.

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As soon as he was lodged in a lockup by the officials of the Revenue Department of the Gautam Buddh Nagar administration, he complained of uneasiness and chest pain after which he was allowed to get admitted to a hospital, the official said.

"The Uttar Pradesh Real Estate Regulatory Authority has been issuing RCs against builders and developers who have defaulted on their payments towards the local authority. In this case, the group has pending dues worth around Rs 40 crore," Additional District Magistrate (Finance and Revenue) Atul Kumar told PTI.

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According to officials, further legal action would be taken against the promoter once he is out of hospital while the group has assured the administration of clearing the pending dues soon.

Kumar said the administration has been carrying out recoveries and serving notices to defaulters as and when RCs are issued against them by the UP RERA.

"It's an ongoing action aimed at recovering the dues such defaulters owe to the government. Other defaulters should also clear their dues," the officer warned.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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