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2024 (4) TMI 40

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..... the resolution plan permitting alteration of the layout and building plan including height, location and common area in future are permissive, albeit any change will require approval of the competent authority, that is, Real Estate Regulatory Authority (RERA), Maharashtra. Therefore, the resolution applicant cannot alter the layout and modify the plan on its own without approval. In view of the af .....

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..... Ashdan Properties Private Limited (respondent no. 2, herein), states:- (a) The National Company Law Appellate Tribunal NCLAT for short , in paragraph 12 of the order/judgment dated 02.11.2023, has clarified that the clauses in the resolution plan permitting alteration of the layout and building plan including height, location and common area in future are permissive, albeit any change will require .....

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