National
SC to hear plea by flat owners/buyers of Jaypee Infratech
New Delhi, Aug 23 (IANS) The Supreme Court is likely to hear on Thursday a plea in public interest by a group of flat owners/buyers in housing projects of Jaypee Infratech seeking that initiation of proceedings against the group under the Insolvency and Bankruptcy Code would not come in the way of exercising their rights under the Consumer Protection Act.
The bench of Chief Justice Jagdish Singh Khehar and Justice D.Y.Chandrachud agreed to hear the matter on Thursday as senior counsel Ajit Sinha, appearing for the petitioners who are unsecured creditors, told the bench that Thursday is the last day for filling the form for making any claim against Jaypee Infratech including by the unsecured creditors.
Ashwarya Sinha who is advocate for the petitioners, later said that they have sought the stay of the order of the National Company Law Tribunal’s Allahabad bench as it blocks the right of the flat owners/buyers, who are unsecured creditors, under Section 2(d) of the Consumer Protection Act, 1986 as consumers to approach the consumer forums.
Section 2(d) of the Consumer Protection Act, 1986 defines consumer as some one who “buys any goods for a consideration which has been paid or promised or partly paid and partly promised ….” It also includes any person who “hires or avails of any services for a consideration which has been paid or promised or partly paid and partly promiised….”,
Ashwarya Sinha said that there were about 32,000 flat owner/buyersA spread over 27 projects of the Jaypee Infratech whose right to approach the consumer court are affected by the NCLT’s August 9 order.
Sinha said that they have also sought the appointment of an independent auditor to conduct a forensic audit of Jaypee Infratech Ltd and Jaiprakash Associates.
The petitioner have urged the top court to pass order that “Section 14 of Insolvency and Bankruptcy Code, 2016 shall not curtail the legal statutory and vested rights of the flat owners/buyers as consumers defined under Section 2(d) of the Consumer Protection Act, 1986”.
Alternately they have sought directions to Central government to declare and notify the petitioner flat owners/buyers as secured creditor in accordance with power provided under Section 36 (4)(a) (v) of the Insolvency and Bankruptcy Code.
Ashwarya Sinha said that if petitioner flat buyers/owners are not declared secured creditors then they may not get anything or a paltry amount for their investments.
–IANS
pk/vd
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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