At Cochin
DLF announced that its wholly owned subsidiary DLF Home Developers has just been made aware of an Order passed on 08 December 2014 by Single Bench of Hon'ble High Court regarding its "Riverside Project" at Chilavanoor, Vyttila, Cochin.This Order comes as a result of a writ filed by a private individual in 2012 when Company's applications for CRZ and MoEF clearance were under consideration by concerned authorities, (which approvals were subsequently granted in December 2013 by State Environment Impact Assessment Authority, a body constituted under the aegis of MoEF, Govt. of India).
The Company awaits the full text of the Order so as to get a detailed understanding of the matter after which it will take appropriate remedial measures in consultation with its legal counsel.
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