APIIC defends stalling registration

By S A Ishaqui
Hyderabad,July 23: The AP Industrial Infrastructure Corporation (APIIC) defended its stand before the AP High Court in stalling the registration of properties to purchasers by the Emaar Properties Ltd. Earlier, the APIIC had asked the state government to restrain the Stamps and Registration department from registering the properties by Emaar and subsequently the government issued a GO. The High Court granted stay on the GO on a plea by Ms Boulder Hills Villas Owners Association questioning the government’s action in stalling registrations. The HC asked APIIC to file its reply to the plea.

The APIIC in its counter affidavit contended that it is a public sector entity which is part and parcel of the state, it has the power to stop registrations under the Section 22(A)(1)(e) of the Registrations Act.
It told the court that the Boulder Hills Association could not furnish either the list of its members or its own registration certificate. The APIIC brought to the notice of the court that when it noticed several violations of agreements between it and Emaar, it initiated civil and criminal action against the company by filing cases before appropriate authorities. The corporation said according to the agreement Emaar Properties can sell the property and not the Emaar MGF, which had no title over the property. It also said that customers had no right to approach the HC against the GO, as Emaar cheated them by registering properties through Emaar MGF, which had no such power.