NCLT deadline missed, Supertech Ecociti handover still pending; AOA alleges YG Estates trying to ‘run away’ from Rs 75 cr liabilities

According to AOA Vice President Om Dutt Sharma, the maintenance agency has not handed over a single document within the stipulated 30-day period.

NCLT deadline missed, Supertech Ecociti handover still pending; AOA alleges YG Estates trying to ‘run away’ from Rs 75 cr liabilities

With issues like water supply, lift maintenance and other service disruptions already affecting their daily life, the residents of Supertech Ecociti in Noida’s Sector 137 now face fresh uncertainty as the Apartment Owners’ Association (AOA) is yet to receive handover of the society’s day-to-day operations from builder-appointed YG Estates Pvt Ltd even as the NCLT’s 30-day deadline expired on Tuesday.

In its order dated February 23, 2026, the NCLT had directed YG Estates to hand over the charge of maintenance and day-to-day operations in Supertech Ecociti and one other society to registered AOAs within 30 days.

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However, according to AOA Vice President Om Dutt Sharma, the maintenance agency has not handed over a single document within the stipulated 30-day period.

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He accused the agency of non-cooperation and of disrupting essential services.

“First lift disruption started. Then water disruption. Nowadays, DG & other related services are being affected,” Sharma said.

Last week, the emergency electricity supply through diesel generators (DG) was allegedly cut off by YG Estates, leaving thousands of households without power and prompting the AOA to seek police intervention.

Although the DG supply resumed after police intervened, other issues persisted. Lifts remained non-functional, and faulty water motors led to a shortage of water.

The AOA has alleged that following the NCLT order, the maintenance agency began creating hurdles and engaged in activities that disrupted essential services.

“The most important is the depletion of infrastructure due to negligence of YG Estates. The lack of services provided by the builder and its maintenance agency has led to substantial loss in financial terms,” he said.

“YG Estates wants to run away from Rs 75 crore liabilities”

Sharma further claimed that YG Estates has liabilities of around Rs 75 crore and that a legal notice had already been issued by the AOA on September 23, 2025.

“AOA has already issued a legal notice worth Rs 75.00 cr (Rs 52.00 cr as principal + Rs 23.00 cr as interest) dated 23.09.25 which tantamounts to around 95.00 cr at present. By non-cooperating with IRP (Interim Resolution Professional appointed by the NCLT to assist in the handover) as well as AOA, YG wants to run away from these liabilities,” he alleged.

He added that IRP Hitesh Goel has sent three reminders to YG Estates, but despite that, the agency has not handed over a single document.

“Logically, all documents must have been handed over to AOA within 15 days so that the next 15 days may have been used for transfer of technical knowledge from YG Estates to the newly appointed maintenance agency, Nimbus Harbour,” the AOA vice president said.

“This is a violation of the court order,” he added.

(The Statesman tried to contact YG Estates CEO Nitish Arora, but calls went unanswered and there was no response to queries sent on WhatsApp. The story will be updated once he or his representative responds.)

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