Housing Development and Infrastructure Ltd has said the allegation of irregularities in the Slum Rehabilitation Authority project in Bandra, Mumbai, is a “frivolous attempt to malign” the company.
The company said that it was taking recourse to legal remedy, including quashing of the FIR registered against government and company officials.
As per reports, an FIR was registered by the Anti Corruption Bureau complying with a court order against some Maharashtra Government officials, HDIL group chairman and officials of HDIL over alleged irregularities in the Slum Rehabilitation Authority (SRA) project in Bandra area during 2005-06.
The FIR was registered against the Principal Secretary (Housing) Debashish Chakrabarty, Principal Secretary (Woman and Child Development) Ujjwal Uke, HDIL Group Chairman and the company’s 10 directors, according to media reports. The complainant had alleged that the area had been redeveloped under SRA scheme by real estate and construction company HDIL in 2005-2006, but he was not allotted a shop after he was deliberately declared ineligible, as per reports.
HDIL in statement said it had “no role to play” and the “eligibility under the scheme is decided by the concerned statutory authority”.
Shares of HDIL were trading at ₹79.15 a piece on BSE down 2.58 per cent since last close.