Latest news with #NOC
Hindustan Times
3 hours ago
- Hindustan Times
Noida man on the run for four years over ₹12 crore fraud, held
Noida: A 42-year-old man, absconding for the last four years over an alleged ₹12 crore fraud, was arrested on Wednesday after a four-month-long extensive investigation, police said. The suspect, Prakash Jha, a resident of Mangolpuri, Delhi, defrauded hundreds of flat owners by forging fake Board of Resolution (BOR) documents in his name. 'If a homeowner had not repaid a loan or was facing high-interest rate issues, he claimed to settle the matter and redirected the loan amount to his own bank account, saying he was waiving off interest,' said Sector 63 SHO Avdhesh Pratap Singh. He also forged house registry documents with fake BORs, falsely authorising him to sell the properties. He was nabbed from Sector 63 using electronic surveillance and informers, the SHO added. In August 2021, a Noida-based builder filed a complaint of fraud and cheating against Jha after an embezzlement of ₹12 crore was found during the annual audit. 'Jha, who held an executive position at the builder's office, allegedly created fake BORs in his name for disputed flats. For example, if the homeowner had not repaid a loan or was facing high-interest rate issues, he claimed to settle the matter and redirected the loan amounts to his own bank account, saying he was waiving the interest,' said Sector 63 Station House Officer Avdhesh Pratap Singh. He also forged house registry documents with fake BORs, falsely authorising him to sell the properties. 'With the help of his three accomplices—Navneet Kaur, Gaurav Sharma, and Vishal Katiyar (arrested)—he embezzled ₹12 crore and later left the builder's office without any notice or No Objection Certificate (NOC),' Singh added. An officer involved in the investigation, speaking on the condition of anonymity, said, 'He had set up a four-stage call forwarding system to avoid being traced. His family members, when contacted, claimed he had left home around three years ago and refused to share further details.' 'In 2022, a year after the case was registered, Gautam Budh Nagar police announced a ₹25,000 reward for information leading to his arrest, which was later increased to ₹50,000.' 'With the help of electronic surveillance and informers, the suspect was finally arrested on Wednesday from Sector 63,' SHO Singh added.
Reuters
6 hours ago
- Business
- Reuters
Libya's eastern-based government says it may announce force majeure on oil fields, ports
CAIRO, May 28 (Reuters) - Libya's eastern-based government said on Wednesday it may announce a force majeure on oil fields and ports citing "repeated assaults on the National Oil Corporation (NOC)." The government in Benghazi is not internationally recognised, but most oilfields in the major oil producing country are under the control of eastern Libyan military leader Khalifa Haftar. The government said it may also temporarily relocate the national oil corporation's headquarters to one of the "safe cities such as Ras Lanuf and Brega, both of which are controlled by the eastern-based government. The NOC is currently located in Tripoli under the control of the internationally-recongized Government of National Unity (GNU). The NOC denied in an earlier statement that the corporation's headquarters was stormed deeming it as "completely false". It also emphasized it is operating normally 'and continuing to perform its vital duties without interruption.' The acting head of NOC Hussain Safar said that 'what happened was nothing more than a limited personal dispute that occurred in the reception area and was immediately contained by administrative security personnel, without any impact on the corporation's workflow or the safety of its employees.' GNU's media office posted video footage from inside the headquarters of the NOC showing 'stable conditions and no signs of a storming or security disturbance.' Libya's oil output has been disrupted repeatedly in the chaotic decade since 2014 when the country divided between two rival authorities in the east and west following the NATO-backed uprising that toppled Muammar Gaddafi in 2011. In August, Libya lost more than half of its oil production, about 700,000 bpd, and exports were halted at several ports as a standoff between rival political factions over the central bank threatened to end four years of relative peace. The shutdowns lasted for over a month with production gradually resuming from early October. The North African country's crude oil production reached 1.3 million barrels per day in the last 24 hours, according to the NOC.
India.com
15 hours ago
- Entertainment
- India.com
BIG setback to Boney Kapoor's Noida Film City project as officials object to layout plan due to...
YEIDA has objected to the proposed Noida Film City project layout plan submitted by Boney Kapoor and Bhutani Group. (File) In a major setback to Bollywood producer Boney Kapoor's ambitious Noida Film City project, several Uttar Pradesh government officials have objected to the project's proposed layout plan which was submitted by Kapoor last week. According to media reports, the developers' plan includes building movie theatres, lodgings, and other amenities on green spaces that had been initially designated for parks, playgrounds, and multipurpose open areas. YEIDA objects Bhutani Group's layout plan According to a report by the Times of India (TOI), officials said the layout plan was unclear about these green spaces, while noting that the green areas are not clearly defined zones, but mainly occur alongside roads, making them difficult to demarcate. Additionally, the draft layout has placed several commercial structures like hotels and warehouses in the industrial zone, which is in contravention of authorised land use guidelines, the report said. The Bhutani Group, a consortium headed by Boney Kapoor, which acquired the Noida Film City contract after international tenders for the project failed to draw any bidders, has also not submitted a structural stability certificate or the required no-objection certificate (NOC) from the fire department, TOI reported. No permission for commercial structures till… Under the approved land use plan, 155 acres have been designated for industrial purposes in the first phase, including a film institute on 21 acres and related infrastructure, such as studios and production units, across 134 acres, while the remaining 75 acres are reserved for commercial development, to be undertaken only in later phases of the project. 'Right now, the layout is not in accordance with the sanctioned land use. Green areas have not been shown properly and are fragmented,' the report quoted Yamuna Expressway Industrial Development Authority (YEIDA) CEO Arun Vir Singh as saying. Singh explained that as per the UP government-approved land use plan, 15% of the total project area, specifically the first phase spanning 230 acres in Sector 2, must remain as green space. According to another senior YEIDA official, the authority will not grant permission for commercial structures like malls, hotels, or resorts, unless at least 15% of the core film-related infrastructure is completed by the developer. Groundbreaking ceremony before June 30, says Boney Kapoor On Monday, Boney Kapoor and Bhutani Group CEO Ashish Bhutani met YEIDA official to sort out the objections, who have asked the developers to submit a revised, phase-wise development plan. 'Only Phase 1, covering the industrial area, will be considered for approval right now. The remaining Phases 2 and 3 must also be shown clearly in the updated map,' Singh said. After the meeting, Boney Kapoor announced that the groundbreaking ceremony of the Noida Film City project would take place before June 30, 2025, stating that development will start with building of core infrastructure, including a film institute and film studios, 'which must be completed within three years'. 'Once we achieve a certain level of construction of the film studios and institute, commercial development may start with YEIDA's permission,' Kapoor said. 'There has been no change in the green area, and it is intact as per the approved plan. As far as the NOC and structural stability certificate are concerned, they will be submitted to YEIDA when we seek approval for the building plans.' He added that the developers had already addressed the Authority's concerns and resubmitted the plan. 'We are hopeful of getting the layout sanctioned by the end of this week,' Bhutani said. 'There has been no change in the green area, and it is intact as per the approved plan. As far as the NOC and structural stability certificate are concerned, they will be submitted to YEIDA when we seek approval for the building plans,' Ashish Bhutani said while responding to YEIDA's objections. Bhutani asserted they have already addressed YEIDA's concerns and resubmitted the plan, and expressed hope that the new layout will be sanctioned by the end of this week.
Hindustan Times
a day ago
- Business
- Hindustan Times
Yeida rejects Boney Kapoor firm's Film City layout plans; seeks revisions
GREATER NOIDA: The Yamuna Expressway Industrial Development Authority (Yeida) on Tuesday said it has rejected the Boney Kapoor-led firm's latest request for approving its layout plans to set up a Film City in Sector 21 along the Expressway, citing violations of the laid down rules, and issued it a notice to revise it. Yeida found that the layout in the present form lacked fire no-objection certificate (NOC), structure safety certificate, and it also violates the land use by planning commercial work on a green area. Bayview Bhutani Film City Private Limited, a consortium led by filmmaker Boney Kapoor and the Bhutani Group -- submitted its layout plan three days ago for the proposed 230-acre Film City, prompting Yeida to raise multiple objections, citing major deviations from the approved land use, said Yeida officials. 'The authority's main concern is the proposed alteration of designated green areas, originally earmarked for parks, playgrounds, and multi-purpose open spaces. Instead, the consortium has planned to construct film studios with accommodations and related infrastructure on this land. This move, officials said, is not in line with the sanctioned land use,' said Yeida chief executive officer (CEO) Arun Vir Singh. Yeida said the layout plan (submitted by developer) includes multiple commercial buildings within the industrial zone—another clear violation. 'Warehouses, hotels, and staff housing have been proposed on industrial-use land, contrary to zoning regulations. The consortium has also failed to submit key documents, including the fire safety NOC and structural stability certificate. Only the layout for the film institute and film studios will be considered for approval at this stage under phase I. The authority has made it clear that no permissions will be granted for commercial developments—such as malls or resorts—until the developer completes at least 15% of the film institute and studios constructions,' the CEO added. As per the approved land use, 155 acres are reserved for industrial purposes and 75 acres for commercial use. Of the industrial portion, 21 acres are earmarked for the film institute and 134 acres for film-related facilities, said Yeida officials. 'The plan fragments the designated green belt instead of maintaining a consolidated area. The green cover constitutes 15% of the total site, but the builder's plan falls short of expectations,' the CEO said. The authority has directed the consortium to revise the proposal and submit a phase-wise development plan at the earliest. Only Phase 1, covering the industrial zone, will be approved for now. However, Phases 2 and 3 must be clearly indicated in the revised plan, officials said. 'The commercial activities will be permitted only after 15% of the project facilities are developed. The first phase, focused on building the film studios, is expected to take three years, with a total project completion timeline of eight years,' said Singh. Bhutani Infrastructure chief executive officer Ashish Bhutani was unavailable for comment despite repeated attempts.
Time of India
a day ago
- Business
- Time of India
In Boney Kapoor's Film City project, red flags show up before muhurat shot
Noida: Even before construction starts, Film City's troubles don't seem to end. It took a long time to find a developer for one of the Yogi govt's pet projects after global contracts failed to draw bidders. Eventually, a consortium led by producer Boney Kapoor, who is in partnership with the Bhutani Group, bagged it. Kapoor last week submitted his first layout, which has drawn multiple objections from govt. The primary concern is the alteration of designated green areas, originally meant for parks, playgrounds and multi-purpose open spaces. The developers have proposed to construct film studios with accommodation and related facilities on this land. CEO Arun Vir Singh told TOI that as per the land use plan approved by UP govt, 15% of the total project area—the first phase of the project is being developed on 230 acres in Sector 21—must be a green zone. "Right now, the layout is not in accordance with the sanctioned land use. Green areas have not been shown properly and are fragmented," he said. Officials said there was a lack of clarity on the green belt in the plan. Instead of consolidated and clearly marked zones, green areas have been shown only along roads on the map, they said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo The draft also includes several commercial buildings, like hotels and warehouses, within the industrial zone, which violates approved land use guidelines. The consortium has also failed to submit the mandatory no-objection certificate (NOC) from the fire department and a structural stability certificate. The approved land use plan for the first phase of the project allocates 155 acres for industrial purposes, including a film institute on 21 acres, and film-related infrastructure, like studios and production units, on 134 acres. The remaining 75 acres are meant for commercial development, but only at a later stage. Yamuna Expressway Industrial Development Authority (YEIDA) officials, who met Boney Kapoor and Bhutani Group CEO Ashish Bhutani on Monday to discuss objections to the draft plan, said the company has now been asked to revise and resubmit a phase-wise development plan. "Only Phase 1, covering the industrial area, will be considered for approval right now. The remaining Phases 2 and 3 must also be shown clearly in the updated map," Singh said. Another senior official told TOI that no permission would be granted for commercial complexes, such as malls, hotels or resorts, unless the developer completed at least 15% of the core film-related facilities. Kapoor, soon after meeting YEIDA officials, had announced that the Film City's groundbreaking ceremony would be held before June 30. He also said the core infrastructure, which includes film studios and a film institute, would be developed in the first three years and the rest as per the concession agreement. "The development of the Film City will begin with core infrastructure—including film studios and a film institute—which must be completed within three years. Once we achieve a certain level of construction of the film studios and institute, commercial development may start with YEIDA's permission," Kapoor said. Downplaying the objections flagged by YEIDA, Ashish Bhutani said, "There has been no change in the green area, and it is intact as per the approved plan. As far as the NOC and structural stability certificate are concerned, they will be submitted to YEIDA when we seek approval for the building plans." Bhutani said they had already rectified the issues raised by the Authority and resubmitted the plan. "We are hopeful of getting the layout sanctioned by the end of this week," he added.
