Docs

• 1: Important Links Hub – Stay Connected, Stay Informed
• 2: Our Three Core Service Pillars
• 2.1: 1️⃣ Transparency & Truth – Why Every BBCL Plot Owner Must Understand This
• 2.2: 2️⃣ Empowerment & Collective Governance – Why Every BBCL Plot Owner Must Understand This
• 2.3: 3️⃣ Safe Development & Project Oversight – A Simple Guide for Every BBCL Plot Owner
• 3: Official Notices & Meeting Records
• 3.1: Monthly Save BBCL Meeting – Second Saturday at 9:00 PM IST
• 3.2: Online Community Meeting – 10 January 2026, 9:00 PM IST
• 3.3: Online Community Meeting – 23 December 2025, 9:00 PM IST
• 3.4: Online Community Meeting – 16 December 2025, 9:00 PM IST
• 4: NCLT Insights & Legal Guidance
• 4.1: BBCL Before Insolvency: What Really Happened
• 4.2: Developer vs Contractor: Who Should Control Our Land and Our Money?
• 5: Ownership Details

1 - Important Links Hub – Stay Connected, Stay Informed

1. Online Meeting Links

What it is: Live meeting links for upcoming BBCL discussions, updates, and decision-making sessions.

Why it matters: You can join meetings from anywhere—no travel required. Every plot holder can listen, speak, and stay informed in real time.

How to use: Just click the link at the meeting time to join.

🔗 Join Meeting: https://us05web.zoom.us/j/83203215821?pwd=pSGOuEedXcUJygmMqfEA8y2a25p2Wn.1

The link below is not a meeting join link. It explains the reasons why we require a controlled meeting environment—one where participants can be properly moderated and given a fair, organized opportunity to speak.

Meeting Instructions

2. Online Voting Links

What it is: Secure online voting forms for major BBCL decisions such as development models, committee approvals, or policy changes.

Why it matters: Every plot holder gets an equal voice. No one can dominate or manipulate decisions.

How to use: Click the link, cast your vote, and submit. Results are stored transparently.

🗳️ Vote Now: Vote Online Here

3. Contact Page Link for Raise Support Tickets

What it is: A single page containing all communication to raise support ticket via support channels.

Why it matters: You know exactly whom to contact for any issue—no confusion, no middlemen, no delays.

How to use: Open the link and submit your queries or complaints or anything else etc..

📞 Contact Save BBCL Support Team: Raise Support Ticket

4. Direct Email Links

What it is: Quick email links to contact the BBCL team, Monitoring Committee Members, or documentation support instantly.

Why it matters: Useful when you need to send written requests, ask for records, or escalate any issue.

How to use: Click the email link—your email app will open automatically.

✉️ Email BBCL Support: [email protected]

5. NCLT Orders Links

What it is: A library of all NCLT Kolkata orders related to BBCL—CIRP, Monitoring Committee, responsibilities, timelines, and more.

Why it matters: Every plot holder should know the legal protections, deadlines, and limitations. It helps you catch misinformation and assert your rights confidently.

How to use: Click the link to view or download the order PDF.

• 📄 View NCLT Orders: for SRPL = Suryodaya Realtors Private Limited
• 📄 View NCLT Orders: for SLDPL = Sampark Land Developers Private Limited
• 📄 View NCLT Orders: for SLBPL = Sampark Land and Builders Private Limited

6. NCLT Resolution Plans Links

What it is: All official plans uploaded in NCLT, including the approved Resolution Plan, timelines, responsibilities, and future development roadmap.

Why it matters: This is the legal foundation of BBCL’s future. Knowing the plan helps you question wrong decisions and understand what is allowed or not.

How to use: Open the link to access the documents anytime.

• 📘 View NCLT Resolution Plan: for SRPL = Suryodaya Realtors Private Limited
• 📘 View NCLT Resolution Plan: for SLDPL = Sampark Land Developers Private Limited
• 📘 View NCLT Resolution Plan: for SLBPL = Sampark Land and Builders Private Limited

2 - Our Three Core Service Pillars

2.1 - 1️⃣ Transparency & Truth – Why Every BBCL Plot Owner Must Understand This

What It Is (In Simple Words)

Transparency & Truth means open access to all real information related to BBCL — documents, decisions, meetings, legal updates, and project status. Nothing hidden. Nothing filtered. Nothing manipulated.

It ensures that:

• Every plot owner knows the facts
• No group can mislead or confuse people
• All information is available publicly and clearly
• Decision-making becomes fair and trustworthy

In short, it puts the power back in your hands.

Why It Is Needed

For many years, owners were kept in the dark:

• No minutes of meetings
• No financial transparency
• No project updates
• No proper communication
• No data on legal matters or NCLT timeline
• No answers to important questions

Because of this, rumours grew, false information spread, and a small group started controlling the narrative.

When information is hidden:

• Owners cannot protect their rights
• Wrong decisions get passed quietly
• People feel helpless
• Disunity grows

Transparency is the first step to saving BBCL.

How It Helps Plot Owners Assert Their Rights

When you have real information:

• You can question wrong decisions
• You can legally challenge any misuse
• You can unite based on facts, not rumours
• You can stop manipulation
• You can demand accountability from the promoter or office bearers
• You can make informed choices about the project’s future

Knowledge is power. Transparency gives you that power.

How This Pillar Works (In Practice)

To make everything clear and accessible, we will use several tools and processes—each designed for beginners, not experts. No complicated legal language. No confusing documents. Everything simplified, explained, and available in one place.

Below are the 6 sub-services, each explained in simple everyday language.

The 6 Sub-Services of Transparency & Truth

1. Public Disclosure Portal (All Documents in One Place)

Imagine an online cupboard where every important BBCL document is kept — open for all owners 24/7. You can see:

• Minutes of meetings
• Financial papers
• Land documents
• Court orders
• All decisions

This stops anyone from hiding information ever again.

2. Fact-Checking & Verification Cell (Truth vs Rumours)

Many plot holders get confused because they hear different versions of the same story. This system verifies:

• Who said what
• What is legally correct
• What documents prove
• What is misinformation

It gives clear, simple explanations, so no one can mislead you.

3. Open Data Request System (Ask for Any Document Easily)

If you need a specific document — for legal, personal, or clarity purposes — you can request it officially and receive it within a fixed time. This ensures:

• No delays
• No excuses
• No hiding

Every owner gets equal access.

4. Project Status Dashboard (Real-Time Updates)

This is like a live scoreboard showing what’s happening in BBCL:

• Land-related progress
• Demarcation status
• Financial updates
• Legal cases
• Development timeline

Simple charts, colour codes, and easy explanations help even senior citizens understand everything.

5. Monthly Transparency Reports (A Summary Everyone Can Understand)

Every month, a short summary will be published:

• What happened
• What didn’t happen
• What decisions were taken
• What is pending
• What to expect next

In plain language — not legal language.

6. Independent Transparency Audits (Neutral Third-Party Checks)

This means a trustworthy outside agency will check:

• Records
• Finances
• Land data
• Promoter claims
• Committee actions

This ensures no manipulation and full public accountability.

Why Every Plot Owner Must Care

If you want:

• Your land to be safe
• Your investment to grow
• Your rights to be protected
• BBCL to get back on track
• The project to be completed

…then transparency is not optional — it is essential.

Without truth and clarity, BBCL cannot be saved. With transparency, owners become strong, united, and capable of taking the right decisions.

Final Message

“Transparency & Truth” is your shield. It gives you clarity. It protects you from misinformation. It strengthens your legal and ownership rights. And it brings all plot holders together on the basis of facts.

This pillar is the backbone of the Save BBCL Movement, because once the truth is visible, everything else becomes possible.

2.2 - 2️⃣ Empowerment & Collective Governance – Why Every BBCL Plot Owner Must Understand This

What It Is (In Simple Words)

Empowerment & Collective Governance is a system where:

• Every plot owner gets equal importance
• All major decisions are taken openly
• Everyone gets correct information
• Voting replaces personal influence
• No small group can control the project
• People learn their legal rights clearly

It creates a BBCL where owners act as one strong community, instead of depending on a few individuals.

Why We Need This

Without collective governance, many problems arise:

• A few people start deciding for everyone
• Wrong information spreads
• Owners feel helpless
• No progress happens
• People fear losing confidence in the project
• Legal deadlines get missed
• Internal fights increase

This is exactly what happened in BBCL for many years.

Empowerment ensures that you do not lose control over your own land.

How It Works (In Real Life)

We give plot owners simple tools, easy information, and clear processes so that:

• You can vote on important matters
• You can understand NCLT rules
• You can know your land rights
• You can check every notice
• You can select new leaders
• You can work in small groups
• You can interact with authorities as a united community

No technical skills needed. No legal background needed. Just simple participation.

How It Helps You Assert Your Rights

When you are informed and empowered:

• You cannot be misled
• You cannot be kept in the dark
• You can challenge wrong actions
• You can demand fair decisions
• You can reject any harmful proposal
• You can hold leaders accountable
• You can unite with others to protect your land

Strong knowledge = Strong community = Strong rights.

Now, Let’s Expand the 6 Sub-Topics

These are the key tools that make empowerment possible for BBCL.

1. Legal Rights Awareness

Many plot owners do not fully understand NCLT laws, land rights, or decisions that affect BBCL. This sub-service explains everything in simple language:

• What NCLT allows or does not allow
• What rights every owner has
• What risks exist if we stay silent
• What documents protect our ownership

When you understand the law clearly, no one can confuse you.

2. Collective Voting System

For every important decision — developer selection, agreements, office bearer changes, or future development — a safe and transparent voting system will be used.

This ensures:

• No backdoor decisions
• No influence or manipulation
• Every owner gets an equal say
• Majority decisions are respected

This is true democracy inside BBCL.

3. Leadership Renewal Program

BBCL needs fresh, honest, active leadership — not the same old inactive group.

This sub-service helps:

• Identify volunteers with skills
• Bring forward clean, responsible people
• Replace non-performing leaders
• Build a transparent and accountable structure

Leadership should serve the community, not control it.

4. Working Groups Formation

Instead of depending on random individuals, we form small focused groups:

• Legal group
• Finance group
• Land & survey group
• Development group
• Communication & documentation group

These groups study problems and present clear, fact-based solutions for everyone. It reduces confusion and increases quality of decisions.

5. Authority Engagement Desk

Many plot owners do not know how to approach:

• NCLT
• Monitoring Committee
• Land Department
• Police or district authority
• Registrar or other Government offices

This desk helps prepare:

• Collective letters
• Complaints
• Reports
• Meeting notes
• Formal submissions

This gives BBCL a unified and strong voice.

6. Public Notice Library

Every notice, clarification, representation, proposal, summary, or meeting note will be kept online in one place.

This helps:

• No more missing or hidden information
• No one can claim “I didn’t know”
• No one can hide documents
• Everyone stays updated
• Transparency becomes permanent

This is the memory of BBCL.

Why Every Plot Owner Must Understand This Pillar

Because:

• Your land value depends on collective action
• Your rights depend on transparency
• Your safety depends on wise decisions
• Your future depends on unity
• Your project depends on strong governance

When all 600+ owners act together with clear knowledge and democratic tools, no group can block BBCL anymore.

Empowerment & Collective Governance is not just a pillar — it is the backbone of the Save BBCL movement and the only way to secure your land and rebuild your project.

2.3 - 3️⃣ Safe Development & Project Oversight – A Simple Guide for Every BBCL Plot Owner

What This Pillar Means (In Simple Language)

It means:

• Building BBCL step by step
• Checking everything before giving approval
• Not trusting any promise blindly
• Paying only after the work is proven
• Keeping full ownership with plot holders
• Making development decisions carefully, not emotionally
• Having a monitoring team that works for everyone

It is a system that protects the project from fraud, confusion, wrong agreements, and financial loss.

Why We Need This

BBCL got stuck mainly because:

• There was no expert checking of plans
• No one verified technical feasibility
• No cost control process existed
• No independent monitoring
• No proper agreement model
• People believed verbal promises
• A small group controlled everything without accountability

Without a safe development system, BBCL may again fall into the same trap that caused the project to collapse earlier.

This pillar ensures that this never happens again.

How This System Is Used

The process is simple and practical:

1. Compare different development models (contractor-based, phased, hybrid)
2. Select the safest option with full community approval
3. Draft a strong, legal agreement that protects land and ownership
4. Form a monitoring committee with multiple members
5. Approve development in small steps
6. Release money only after certified completion
7. Keep all reports public for everyone

This way, the development becomes controlled, transparent, and predictable.

Why Every Plot Owner Must Understand This

Because:

• Your land value depends on proper development
• Your money must be protected from misuse
• Your rights depend on smart agreements
• Your future depends on avoiding old mistakes
• Your project needs expert checking, not just hope
• Your ownership must not be compromised under NCLT

If you are informed, no one can pressure you into wrong decisions.

Now Let’s Explain the 6 Sub-Services in Simple Terms

These 6 parts work together to keep the entire project safe.

1. Development Model Evaluation

Why it matters: Different developers offer different plans, promises, and timelines. Some look attractive but hide big risks.

This service helps compare:

• Contractor-based model
• Phased cash-based model
• Hybrid shared-cost model

Each option is checked for safety, cost, legal impact, and risk. This helps plot owners choose the best and safest model, not the most glamorous one.

2. Model Agreement Structuring

This is where most projects fail.

Bad or unclear agreements can:

• Take control away from plot owners
• Risk the land under NCLT
• Force owners into high charges
• Cause legal disasters later

This service helps prepare a pay-as-you-build agreement where:

• Ownership stays with plot owners
• NCLT rules stay protected
• Payment happens only after work
• Developer duties are clearly defined

No development should start without this.

3. Technical & Cost Feasibility Review

Before spending 1 rupee, we must know:

• Is the land ready?
• Are maps and designs correct?
• Are costs realistic?
• Is the timeline achievable?
• Are government rules satisfied?

Independent engineers, architects, and land experts verify everything. This avoids future surprises and protects owners from false budgets.

4. Project Oversight Committee

This is the watchdog of the entire project.

It is a multi-member team selected by plot owners to:

• Check every phase
• Approve quality
• Monitor contractors
• Report progress publicly
• Keep everything transparent

This stops any one group from capturing the project.

5. Progress-Linked Payment System

This is the most important protection.

Payments are released only after work is completed, not before.

This helps:

• Stop misuse of money
• Ensure real work happens
• Keep developers accountable
• Maintain financial safety

Every rupee is matched with physical progress.

6. Compliance & Grievance Monitoring

This ensures BBCL follows:

• NCLT conditions
• Legal boundaries
• Technical standards
• Contractual responsibilities

If something goes wrong:

• A grievance is recorded
• Issue is investigated
• Corrective action is taken
• Community is updated

It works like an internal safety system for BBCL.

How This Pillar Protects Your Rights

Simple:

• No one can misguide you
• No developer can dominate you
• No money is paid blindly
• No poor-quality work is accepted
• No one can hijack development
• No wrong agreement can be forced
• No confusion, no secrecy, no risk

Together, these protections give plot owners full control over their land and future.

In Summary

Safe Development & Project Oversight is the backbone of BBCL’s recovery. It makes sure that:

• The project moves forward safely
• Decisions are smart and transparent
• Money is protected
• Work is supervised
• Land ownership stays secure
• Plot owners remain in full control

This pillar transforms BBCL from a stuck, confusing project into a stable, well-managed, and secure development.

3 - Official Notices & Meeting Records

3.1 - Monthly Save BBCL Meeting – Second Saturday at 9:00 PM IST

We will now host a monthly 30-minute Zoom meeting on the second Saturday of every month at 9 PM IST. This session is open to all BBCL plot holders and will include:

• ✅ Monthly progress updates
• ✅ Clarification of important points
• ✅ Q&A session with plot holders
• ✅ Sharing important notices and actions

These meetings are part of our Save Baruipur Bloomfield City community initiative. To ensure transparency, the entire session will be recorded and later uploaded to YouTube, so everyone can view it anytime.

🟦 How to Join the Meeting

Please visit this website’s Links section before the meeting. Click the “Join Meeting” button to enter directly.

You can join using:

• 🌐 Your Browser (Chrome recommended) — no app needed
• 📱 Zoom Mobile App — recommended for stable audio/video

For instructions from Zoom:

👉 How to Join:

https://support.zoom.com/hc/en/article?id=zm_kb&sysparm_article=KB0060732

🟦 Important Note on Meeting Controls

To ensure a smooth, disturbance-free session for all 632+ plot holders, we will:

• Mute everyone by default
• Disable participant video
• Allow speaking only through Raise-Hand → Host permission
• Manage screen sharing centrally

This helps avoid chaos, cross-talk, background noise, and makes the meeting easy for all ages to follow.

🟦 Zoom Free Plan (Temporary)

At this early stage, we will use the free Zoom plan, which allows 40-minute sessions. Most meetings will last 30 minutes, so this is manageable.

Once the community agrees, we will collectively upgrade to a paid Zoom plan for longer, more flexible sessions.

🟦 What Plot Holders Should Do (Simple Workflow)

• 1️⃣ Before the scheduled Saturday 9 PM meeting → Visit this website’s Links page
• 2️⃣ Click Join Monthly Meeting
• 3️⃣ When Zoom opens → Enter your Name + Plot Number
• 4️⃣ Keep Mic & Camera OFF (default controlled by host)
• 5️⃣ Listen to updates
• 6️⃣ If you have a question → Use Raise Hand
• 7️⃣ Wait for the host to allow you to speak
• 8️⃣ After speaking → Host will mute you again
• 9️⃣ Watch meeting recording later on YouTube if you missed anything

🟦 Why Zoom?

After testing Google Meet, Jitsi, and Zoom, we selected Zoom because:

• ✔ Best host controls
• ✔ Strong moderation features
• ✔ Easy for senior citizens
• ✔ Works smoothly on mobile
• ✔ Excellent audio clarity
• ✔ Can record easily

Only limitation: 40-minute cap on free version — acceptable for now.

🟦 Commitment to Transparency

• All meetings recorded
• Videos uploaded to YouTube
• Notes shared on website
• Meeting link always available from one central page
• Open access for every plot holder

This ensures no hidden decisions and full visibility of all discussions.

🟦 1. MEETING RULES BANNER

🟩 Save BBCL Monthly Meeting Rules

To keep the discussion smooth, respectful, and productive for all 632+ plot holders:

🔇 1. Microphones Stay OFF

All participants remain muted by default to avoid background noise. The host will unmute you only when it is your turn to speak.

✋ 2. Use “Raise Hand” for Questions

Please use the Raise Hand button in Zoom if you want to speak. The host will call your name in order. Some browsers may not support it, so instead use the Zoom App.

🎥 3. Cameras OFF for Everyone

Video remains disabled for all participants to keep the meeting stable and reduce distractions.

🖥️ 4. No Screen Sharing

Only the host can share the screen for presentations and updates.

💬 5. Use Chat for Simple Questions

You may type short questions in the chat. Detailed questions will be addressed live or after the meeting.

⏱ 6. Stay Within Time

Each speaker will get limited time so everyone gets a chance.

📌 7. Stay Respectful & Focused

Comments must remain related to BBCL project issues. Any offensive or distracting behavior may lead to removal.

🎥 8. Meeting Will Be Recorded

For transparency, the entire meeting is recorded and uploaded to YouTube for all plot holders.

🔗 9. Always Join Through Our Website Link

Please join the meeting every month through the Links page on our official campaign website.

🤝 Thank You for Helping Keep the Meeting Smooth!

Together we can Save BBCL—calmly, clearly, and united.

🟦 2. ZOOM ETIQUETTE

🟦 Save BBCL – Zoom Etiquette for Plot Holders

(Please follow these simple steps for a smooth meeting experience)

1️⃣ Join 5 Minutes Early

This helps us start on time and ensures you can hear clearly.

2️⃣ Enter Your Name + Plot Number

Example: Ritu Sarkar – B117 This helps us identify speakers and questions.

3️⃣ Keep Mic & Camera Off

Your mic and camera are OFF by default. Turn ON only when the host allows.

4️⃣ Use “Raise Hand” Before Speaking

Do not interrupt. The host will invite you when it’s your turn.

5️⃣ Keep Questions Short & Clear

We have limited time (30 minutes). The shorter the questions, the more people can participate.

6️⃣ Follow Host Instructions

The host controls audio, video, speaking order, and flow of the meeting. Please cooperate.

7️⃣ Use Chat for Basic Questions

Type brief questions in chat if you don’t need to speak.

8️⃣ No Personal Attacks or Arguments

Stay respectful. Focus on project-related issues only.

9️⃣ Watch Recording on YouTube If You Miss Anything

All meetings are recorded for transparency. You can revisit important points anytime.

Thank you for maintaining discipline and unity. Together, we will Save Baruipur Bloomfield City.

3.2 - Online Community Meeting – 10 January 2026, 9:00 PM IST

Online Community Meeting Agenda

Date & Time: Saturday, 10 January 2026, 9:00 PM IST

Purpose of the Meeting

This online meeting is being organised to help plot holders stay informed, aligned, and involved in key community matters. The focus is on sharing updates, seeking clarity on pending issues, and discussing practical next steps in a calm and collective manner.

Approval of Minutes of the Previous Meeting (MoM)

This agenda item is to formally review and approve the Minutes of the last meeting. Read Last MOM

• What this is: A confirmation that the written record of the previous meeting accurately reflects what was discussed.
• Why now: Approval ensures continuity and avoids confusion before moving to new topics.
• Expected outcome: Agreement on the MoM or noting any required corrections.

Discussion on Initial Land Development Investment Model

(Developer Model vs Contractor Model)

This agenda item is to discuss the possible approaches for initiating land development work and the associated investment structure.

• What this is: A discussion on whether initial land development should be executed through a developer-led model or a contractor-based model.
• Why now: Early clarity on the development approach is essential before financial planning and execution can begin.
• Expected outcome: Collective understanding of both models and a community-level conclusion on which approach to adopt.

Update on Share Issuance Status

This item is to discuss the current status of share issuance.

• What this is: An update on whether share issuance has been completed, initiated, or is under consideration.
• Why now: Many plot holders are seeking clarity on ownership structure and formal alignment.
• Expected outcome: Clear understanding of the current position and any next steps.

Update on Progress Since the August 2025 General Meeting

This agenda item focuses on understanding what has been achieved since the last General Meeting held in August 2025.

• What this is: A summary of actions, developments, or progress made after the last General Meeting.
• Why now: It helps plot holders assess movement on agreed points and remain informed.
• Expected outcome: Shared understanding of progress, pending items, and overall direction.

Discussion on Filling Vacant Governance Positions

This item is to discuss the current status of vacant positions within the project’s governance structure.

• What this is: An open discussion on unfilled governance roles.
• Why now: Proper governance requires adequate representation and functional role coverage.
• Expected outcome: Clarity on whether steps are being considered to address vacancies and how.

Discussion on Old Furniture from Sampark Office

This item is to inform and discuss the status of old furniture collected from the Sampark office.

• What this is: Information about partially damaged furniture currently stored at the premises of Mr. Manoj Singh, without any rental being paid.
• Why now: The items have been lying unused for a long time, and the space owner has requested that the items be cleared.
• Expected outcome:
  • Whether any usable items can be identified for a proposed office setup
  • Agreement on disposing of remaining items through a local vendor at a reasonable value

Picnic 2026 – Initial Discussion and Planning

This agenda item is for an early discussion on a possible community picnic in 2026.

• What this is: A preliminary conversation about organising a social gathering for plot holders.
• Why now: Early discussion helps gauge interest and feasibility.
• Expected outcome: Initial ideas, interest levels, and possible volunteers.

Agreement on Short-Term Action Plan Before Next Meeting

This agenda item is to collectively decide on small, achievable actions to be completed before the next scheduled meeting.

• What this is: Identification of limited, practical tasks that can be reasonably completed in the short term.
• Why now: Small, focused actions help maintain momentum and avoid delays between meetings.
• Expected outcome: Clear agreement on a short list of actions to be taken before the next meeting and clarity on follow-up.

Closing Note

All plot holders are encouraged to participate constructively and share their views calmly. Collective discussion and mutual understanding are essential for moving forward together as a community.

Minutes of Meeting

Meeting Title

BBCL Online Community Meeting

Date and Time

10 January 2026, 09:00 PM IST

Platform

Zoom (online)

Participants

• Ritu Sharmistha
• Sanjoy Roy
• Dr Ananda Sagar
• Tapan Mistry
• Ajay Kumar Rathi
• Abhijit Paul
• Abhisek pal
• Imran Asad
• Madusudan Mandal
• Partha Brahma
• Salik hamid
• Soumitra
• Subhash Chandra dey
• Koushik Bhattacharya
• Manoj choudhary
• Kuntal Kumar Mahapatra
• Debdutta Raha
• Molina Jha
• Atashi Maiti
• Sidhartha Roy
• Vikramaditya
• Dipak Kumar Basak
• Pankaj Misra
• Kalpana Chordhury
• Ranjan

Agenda

• Approval of Minutes of the Previous Meeting (MoM)
• Discussion on land development approach (developer model vs contractor/consultant model)
• Status of data and documents to be collected from Mr. Jain’s office
• Funding readiness and preparedness of plot holders
• Governance, communication, and leadership concerns
• Way forward and immediate next steps

Agenda-wise Discussion Summary

Approval of Minutes of the Previous Meeting (MoM)

The MoM of the previous meeting was referenced as having been shared earlier. Members were invited to raise objections, if any. No specific objections were raised during the discussion.

Outcome: No objection raised; MoM considered approved.

Discussion on Land Development Model (Developer vs Contractor/Consultant)

Multiple participants shared views on the preferred development model.

• One participant expressed support for a contractor/consultant-led model, citing concerns about profit margins, accountability, and risk concentration in a developer-led model.
• Another participant indicated acceptance of the proposed model shared earlier, emphasizing the need for timely execution given NCLT timelines.
• Time constraints under the NCLT process were highlighted, with limited scope to explore multiple developer options.
• Concerns were raised about the large number of plot holders with varying payment and registration statuses and the need for readiness to respond quickly to future payment demands.

Outcome: Discussion held; no final decision taken.

Funding Readiness and Plot Holder Preparedness

Participants emphasized the importance of financial preparedness among plot holders.

• Members were advised to keep funds ready to meet future development-related demands within short notice.
• It was stated that prolonged discussions without execution could further delay progress and increase costs.

Outcome: No decision taken.

Governance, Communication, and Leadership Concerns

Concerns were raised regarding governance structure, responsiveness, and communication.

• Some participants expressed dissatisfaction with past processes, including representation during the NCLT process and the formation of leadership bodies.
• Issues of transparency, communication gaps, and lack of responsiveness from certain stakeholders were highlighted.
• Some members expressed the view that the existing Board of Directors has not been able to demonstrate measurable progress following the NCLT order dated 02.08.2023 and has not been providing regular updates or responses to plot holders.
• Based on this, some participants were of the opinion that reconstitution of the Board of Directors should be considered so that active leadership and effective coordination can be ensured.
• Clarification was provided that the SPV/company structure carries responsibility and that initial signatories do not hold special legal rights beyond shareholding.
• Suggestions were made to formally communicate with concerned parties and set timelines for responses.
• It was decided that members of the community will personally write to each of the five Directors, requesting them to meet with the plot holders and provide an update on actions taken after the NCLT order dated 02.08.2023 and after the last General Meeting held in August 2025.

Outcome: Decision recorded to initiate direct communication with all five Directors seeking updates and engagement.

Status of Data Collection from Mr. Jain’s Office

An update was provided regarding the collection of data and documents from Mr. Jain’s office.

• The assigned member informed the group that due to personal commitments, the task could not be completed yet.
• A commitment was reiterated to follow up with Mr. Jain in the coming week to attempt to collect the requested information.

Outcome: Task pending; follow-up planned.

Decisions Taken

• Approval of the previous meeting’s MoM (no objections raised).
• No other decisions taken.

Action Items

• Assigned member to follow up with Mr. Jain’s office to collect requested data and documents (timeline: following week).

Way Forward / Next Steps

• Follow up on data collection from Mr. Jain’s office.
• Continue discussion on development model in subsequent meetings.
• Explore formal communication mechanisms to address governance and coordination concerns.
• Identify and prioritize short-term actions to be completed before the next meeting.

Next Meeting

Date: Saturday 14-Feb-2026 9 PM IST

Remarks

This Minutes of Meeting (MoM) has been prepared based on the meeting recording using automated transcription tools and subsequently reviewed for clarity and accuracy. The MoM is issued as a draft and will be placed for confirmation and approval in the next meeting, including incorporation of any modification or correction requests from members.

Meeting Video

Watch the full meeting video in YouTube

3.3 - Online Community Meeting – 23 December 2025, 9:00 PM IST

Community Meeting Agenda – Purpose & Context

This meeting is being held to help community members clearly understand the current situation, review shared information, and decide on practical next steps together. The focus is on clarity, preparedness, and small but meaningful actions that can move work forward in a transparent and collective way.

Agenda Items

Last MoM (Minutes of Meeting)

What this topic is:
This item is about reviewing, confirming, and approving the Minutes of Meeting (MoM) from the last community meeting. The MoM is the written record of what was discussed and agreed upon earlier. The link to the last MoM is shared so everyone can read it beforehand.

Why it needs discussion:
If the previous MoM is not confirmed, there can be confusion later about what was actually agreed. Approval ensures that all members have a common understanding of past discussions and decisions.

Expected outcome:
The meeting should aim to confirm whether the MoM accurately reflects the last meeting. If there are corrections, they should be noted clearly so the record can be finalized.

Read Last MoM Here

Owner & Land Data

What this topic is:
This agenda point focuses on the need to collect and organise complete data about plot owners, payments, and land status. This includes who the plot holders are, how much has been paid, what remains unpaid, which land is registered, and which land is still pending registration.

Why it needs discussion:
Without reliable data, it is not possible to plan development, work with contractors, or decide on phased progress. Land parcels are not all in one place, so identifying areas with maximum completed purchase is important before any development can begin.

Expected outcome:
The discussion should aim to agree on the importance of collecting this data and outline how the community can take responsibility for having accurate, usable information instead of depending only on outside parties.

Document Storage

What this topic is:
This item is about where and how important physical documents and records should be stored. At present, most documents are held elsewhere, and the community does not have direct access to them.

Why it needs discussion:
Without a secure and accessible place to keep documents, the community cannot review records when needed. For a large project, it is reasonable to have a dedicated space, either through volunteer support or a rented location.

Expected outcome:
The meeting should aim to explore practical options for document storage and agree on whether a volunteer space or a small rented facility is more suitable.

Legal Compliance

What this topic is:
This agenda point is about reviewing legal and financial documents related to NCLT proceedings, the limited company, and any associations involved.

Why it needs discussion:
Understanding these documents helps the community know where it stands legally and financially. Without review, important gaps or issues may go unnoticed.

Expected outcome:
The goal is to agree on the need for a clear review process and identify what reports or documents should be checked first for better clarity.

Next Action (One-Week Plan)

What this topic is:
This item focuses on deciding what small, realistic actions can be taken in the next one week before the next Tuesday meeting.

Why it needs discussion:
Large goals can feel overwhelming, especially in uncertain situations. Small, time-bound actions help maintain momentum and confidence.

Expected outcome:
The meeting should aim to identify a few simple, actionable steps that can be realistically completed within one week and reviewed in the next meeting.

Closing Note

All participants are encouraged to listen carefully, share views respectfully, and focus on understanding the issues rather than assigning blame. Constructive participation and clarity-driven discussion will help the community move forward together.

Minutes of Meeting (MoM)

Meeting Title

Save Baruipur Bloomfield City (BBCL) – Weekly Community Meeting

Date and Time

Date: 23 December 2025 Time: 9 PM IST

Platform

Online meeting (Zoom)

Participants

• Amitabha Mandal
• Dr Ananda Sagar
• Tapan Misry
• Ujjal Kumar Datta
• Sanjoy Roy
• Ritu Sharmistha
• Subhash Chandra Dey
• Totan Sarkar
• Vaskar Basu
• Ranjan Chowdhury
• Pankaj Misra
• Mrinmoy Das
• Nicky Singh
• Siddartha Roy Chowdhury
• Ritabrata
• Manas Gharai
• Mukesh Roy
• Madusudan Mandal
• Jyotirmoy Naskar
• S Kumarjit Singh
• Sikha Nath
• Subhash Chandra Bhadra
• Dinabandhu Mandal

Agenda

1. Review and confirmation of Minutes of Meeting (MoM) from the previous meeting
2. Importance of regular meetings and participation of core committee and directors
3. Organizational infrastructure required to move the project forward
4. Update on communication with directors
5. Discussion on development approach and engagement with experienced members
6. Availability, collection, and storage of project records
7. Preconditions before entering into any agreement with third parties
8. Open floor for comments from plot holders

Agenda-wise Key Discussion Points

1. Review of Previous Meeting MoM

• The meeting began with a proposal to review the MoM of the last meeting.
• Participants were asked to raise any concerns or corrections.
• No specific objections or changes were raised during the discussion.

2. Regular Meetings and Participation

• Members emphasized the importance of regular weekly meetings for open discussion and coordination.
• It was stated that meaningful progress requires active participation from core committee members and directors.
• The authority granted to plot holders under the CIRP/NCLT process was noted as the basis for these discussions.

3. Organizational Infrastructure Requirements

• A participant outlined basic organizational needs, including:
  • Registration and annual renewal of an association
  • Conducting Annual General Body Meetings
  • Issuing formal notices to members
  • Formation and approval of an executive committee
  • Appointment of an auditor
  • Submission of annual reports and audited accounts
  • Maintenance of a bank account, PAN, and statutory filings
  • Preparation and circulation of Minutes of Meetings
• The need for an office setup with limited staff support was discussed to manage routine administrative work.

4. Update on Communication with Directors

• It was shared that emails were sent inviting all directors to attend the meeting.
• One director responded stating inability to attend due to being outside India.
• No responses were received from other directors.

5. Development Approach and Inclusion of Experienced Members

• Participants reiterated that the original submission to NCLT committed plot holders to develop the project themselves.
• The importance of engaging experienced past contributors (“old guard”) along with current active members was emphasized.
• Speakers highlighted the need for consensus-based decisions and avoidance of confrontation or misinformation.
• It was stated that constructive criticism raised earlier was not personal and intended to encourage participation.

6. Collection and Storage of Project Records

• Members discussed the lack of access to complete project records, including land records, registrations, and payment details.
• It was noted that records are currently held at another office, and the absence of a physical office has delayed access.
• Two interim options were discussed:
  • A member volunteering space to temporarily store records with safeguards
  • Renting a small space at minimal cost for record storage
• The importance of keeping sensitive documents secure was highlighted.
• Digitization of records was mentioned as a future need.

7. Preconditions Before Any Agreement

• It was emphasized that before entering into any agreement with third parties, clarity is required on:
  • Amounts collectable from plot holders with pending payments
  • Status of land ownership and registrations
  • Authorization from registered plot holders
• Members stated that without complete and accurate records, no agreement can be finalized.

8. Open Floor and Member Inputs

• A representative of a plot holder expressed encouragement about the meetings and supported efforts to bring all stakeholders together.
• Participants reiterated support for collective action and continued dialogue.
• Some members faced connectivity issues and could not fully participate.

Decisions Taken

1. The Minutes of Meeting (MoM) from the previous meeting were approved without any objections.

2. It was agreed that efforts will be made to engage Directors and senior/experienced members (“old guards”) and encourage their active participation in ongoing discussions.

3. It was agreed that, for the time being, all sensitive original project records will continue to be kept at Mr. Jain’s office until a dedicated and secure storage location is arranged.

4. The group agreed to initiate the collection of photocopies of all available physical records, without moving or disturbing the original documents.

5. It was agreed that Dr. Anand Sagar will take the initiative to obtain available digital data from Mr. Jain and share it with the team for review.

6. It was agreed that informal, explanatory articles will be shared with plot holders to compare the developer-led model and contractor-led model, to improve general understanding.

Action Items

To Be Completed Before the Next Meeting

1. Engagement with Directors and Senior Members

   • Follow up with Directors and senior/experienced members to invite and encourage active participation.
   • Responsible: Meeting organizers / core group (names not specified)

2. Status of Record Storage

   • Confirm continued safe custody of original records at Mr. Jain’s office and note any access constraints.
   • Responsible: Core group (names not specified)

3. Photocopying of Physical Records

   • Identify the list of available physical records and initiate photocopying without relocating originals.
   • Responsible: Volunteers / core group (names not specified)

4. Collection of Digital Records

   • Coordinate with Mr. Jain to obtain available digital records and circulate them among the team.
   • Responsible: Dr. Anand Sagar

5. Preparation and Sharing of Informal Articles

   • Prepare and circulate simple, non-technical articles explaining and comparing the developer model and contractor model for plot holders.
   • Responsible: Ritu Sharmistha

Way Forward / Next Steps

• Formally confirm the previous meeting’s MoM once any pending comments are received.
• Continue discussions on record management and organizational setup in upcoming meetings.
• Work toward improved participation from core committee members and directors.
• Focus on information gathering before considering any development or third-party agreements.

Next Meeting

Date: Saturday 10-Jan-2026 9 PM IST

Note: Due to year-end celebrations, the meeting scheduled for next week will be skipped. The next meeting will be scheduled on a Saturday, as requested by several plot holders. The final date will be discussed and confirmed separately.

Remarks

This Minutes of Meeting (MoM) has been prepared based on the meeting recording using automated transcription tools and subsequently reviewed for clarity and accuracy. The MoM is issued as a draft and will be placed for confirmation and approval in the next meeting, including incorporation of any modification or correction requests from members.

Meeting Video

Watch the full meeting video in YouTube

3.4 - Online Community Meeting – 16 December 2025, 9:00 PM IST

Not Against Anyone — For Everyone

This initiative is not targeted against any existing team or individual. It is a constructive step to complement existing efforts and ensure that all plot holders have a voice in shaping the way forward.

Breaking the Deadlock

For a long time, BBCL has remained in a state of uncertainty due to lack of movement. This meeting is meant to break that deadlock, not by blaming the past, but by focusing on what can be done next.

Focus on the Future, Not Past Failures

Participants are requested to:

• Avoid revisiting past disputes or failures
• Focus on future-oriented solutions
• Discuss what actions are possible now
• Suggest practical steps to overcome earlier mistakes

The goal is progress — not fault-finding.

What Will Be Discussed

During the meeting:

• Plot holders will be invited to briefly introduce themselves and mention their plot numbers

• Participants may share:

  • Possible solutions
  • Their views on future development
  • Whether they are willing to invest further
  • What they consider a reasonable level of new investment

Speaking Opportunity & Meeting Discipline

Due to time limits, everyone may not get a chance to speak in one meeting. Those who cannot speak will be prioritised in subsequent meetings.

To ensure fairness and clarity:

• The meeting will follow a strict host-controlled format
• Only one speaker at a time will be allowed
• Participants are requested to prepare concise questions or suggestions
• Each speaker may get a limited time, so that others are also heard

These controls are necessary to avoid chaos, cross-talk, or confusion, and to make the meeting effective for all age groups.

Online Meeting Best Practices (For All Participants)

• Join the meeting on time
• Keep microphone muted unless permitted
• Prepare your points in advance
• Be respectful of differing opinions
• Stay focused on BBCL-related solutions

For details instructions read this

How to Join

The meeting link will be available on the Links page of our campaign website: 🔗 link page

A Collective Responsibility

BBCL belongs to its plot holders. Progress is possible only when ideas, responsibility, and participation are shared.

This meeting is an opportunity to listen, contribute, and move forward together.

We look forward to your participation.

Minutes of Meeting

Meeting Title

BBCL Community Discussion on Transparency, Governance, and Development Model

Date: 16-Dec-2025

Time: 9PM IST

Platform: Zoom

Facilitator: Sanjoy Roy

Participants

Total Participants: 30 (including the following attendees)

• Dr. Anand Sagar
• Amitabh Mandal
• Tapan Misry
• Sanjoy Roy
• Sharmistha Sarkar
• Ajay Kumar Rathi
• Harmeet Singh
• Abhijit Pal
• Ujjal Datta
• Rajendra
• Totan Sarkar
• Moli Jha
• Dinabandhu Mandal
• Biswadeep Banerjee
• Subhash
• Partha Pratim Sengupta
• Manas Gharai
• S. K. Sinha
• Siddhartha Roy

(Other participants attended but may not have been individually recorded.)

Agenda

1. Purpose and principles of the BBCL discussion platform
2. Background work required before development
3. Governance and legal compliance status
4. Update on meeting with Mr. Kamal Jain
5. Discussion on development model and proposal by Mr. Arun Kedia
6. Way forward and continuation of discussion

Agenda 1: Purpose of the Platform

Discussion

• The platform has been created to enable transparent, open communication among all plot holders.
• Decisions should reflect majority opinion, with clarity on who supports or opposes each decision.
• The platform is provided free of cost to facilitate collective decision-making.

Decision

✔ The platform will be used for open discussion and transparent majority-based decision-making.

Agenda 2: Background Work Before Development

Discussion

• It was highlighted that significant pre-development groundwork is pending.

• Two major areas were identified:

  1. Compliance with NCLT requirements, as documented in the July MoM prepared earlier.

  2. Formation and proper functioning of a registered association, including:

     • Registration of the association
     • Regular meetings and documented minutes
     • Opening a bank account and obtaining PAN
     • Conducting General Body Meetings
     • Periodic election of committee members (not exceeding three continuous years)

• It was emphasized that a project of this scale requires an independent office, not operating from an individual’s premises.

Recommendation

➤ Complete legal, regulatory, and organizational groundwork before appointing contractors or starting physical development.

Agenda 3: Governance and Administrative Requirements

Discussion

• Concerns were raised about dormant bank accounts and incomplete statutory filings.

• Need for proper accounting, IT returns, and operational structure was emphasized.

• Requirement for funds to cover:

  • Office rent
  • Administrative staff
  • Compliance activities

Suggestion

• Hire legal and accounting professionals for a limited duration to regularize compliance matters.

Agenda 4: Update on Meeting with Mr. Kamal Jain

Discussion

• A group of around 12 members met Mr. Kamal Jain to discuss the development proposal.
• Members requested that the project be developed as a unified group, avoiding internal divisions.
• It was conveyed that over multiple meetings, an increasing number of plot holders appear agreeable to a common development approach.
• Mr. Jain indicated neutrality and stated that plot holders should take an independent collective decision.

Information Update

• No objection was raised by Mr. Jain regarding discussions or timelines mentioned.

Agenda 5: Development Model and Proposal by Mr. Arun Kedia

Discussion

• The proposal by Mr. Arun Kedia was discussed as a consultancy-based, phased model, where fees are linked to actual work done.

• It was emphasized that:

  • Consultancy fees are proportional to work value.
  • All groundwork, including legal and development preparation, would be handled systematically.

• Members noted that no alternative formal proposals are currently on the table.

• Some members requested that the full written proposal be shared with all plot holders for independent review.

Recommendation

➤ Circulate Mr. Arun Kedia’s complete proposal to all members for transparency and informed discussion.

Agenda 6: Way Forward

Discussion

• The meeting time was limited due to the use of a free Zoom account.
• Several members indicated the need for continued discussion and broader participation.
• It was agreed that voices of long-standing members should be heard before concluding discussions.

Decision

✔ The meeting will be continued in the next session at the same time.

Action Items

Next Meeting

• Date & Time: Tuesday 23-Dec-2025 9PM IST
• Mode: Zoom

Remarks

This Minutes of Meeting (MoM) has been prepared based on the meeting recording using automated transcription tools and subsequently reviewed for clarity and accuracy. The MoM is issued as a draft and will be placed for confirmation and approval in the next meeting, including incorporation of any modification or correction requests from members.

Meeting Video

Watch the full meeting video in YouTube

4 - NCLT Insights & Legal Guidance

4.1 - BBCL Before Insolvency: What Really Happened

One Project, But Three Companies

At first glance, BBCL looked like one single township project. Most buyers believed they were dealing with one company. In reality, the project was handled through three different companies working together as a group.

These companies were:

• Suryodaya Realtors Private Limited (SRPL)
• Sampark Land Developers Private Limited (SLDPL)
• Sampark Land and Builders Private Limited (SLBPL)

All three were controlled by the same promoters but existed as separate legal entities.

This matters to plot holders because payments, agreements, and land ownership were spread across different companies. When problems arose, it was not clear which company was responsible for what. This made accountability difficult and later created legal complications for buyers.

Who Owned the Land

Together, the three companies purchased about 139 bighas of land. However, the land status was mixed:

• Around 120 bighas were registered
• About 19 bighas were not registered, though advance payment was made
• Sale agreements existed for about 108–110 bighas
• Sale agreements covering 85.19 bighas of land were not registered in the names of the respective plot holders.
• Sale agreements covering 13.31 bighas of land were registered in the names of the respective plot holders.

Some plots were registered in company names, some were later registered in individual buyers’ names, and some land was still pending registration.

For plot holders, this meant the land was not fully connected or complete. Because some pieces were missing or unregistered, basic development like roads, drainage, and proper boundary marking could not be done smoothly. Even if most land was bought, a few missing pieces could block the entire layout.

How Plot Buyers Paid Money

Marketing of the project was done under SLDPL. Most plot holders paid their installments to SLDPL.

However:

• Sale agreements were often signed with SLDPL
• Final ownership transfer (conveyance) was supposed to be done by SRPL
• The actual land could belong to SRPL or SLBPL

Money collected by SLDPL was shared internally among the group companies. Around ₹9 crore was transferred to SRPL.

For buyers, this created confusion. Payments went to one company, agreements mentioned another, and land ownership involved a third. When things went wrong, buyers did not know whom to approach or hold responsible.

How Work Was Divided Internally

Inside the group, directors had divided responsibilities:

• Some handled land purchase and development work like roads and drainage
• Some handled marketing and administration
• One handled accounts, banking, and legal work

In October 2015, the two directors responsible for land acquisition and development resigned suddenly.

This directly affected plot holders. Once the people managing land and ground work left, development slowed and then stopped. There was no strong replacement system, and coordination broke down.

Why Development Stopped

Development stopped mainly because the land was incomplete and scattered:

• Proper demarcation could not be done
• Roads and drainage could not be built without continuous land

Seeing no visible progress, many plot holders stopped paying further installments. They felt it was unfair to pay without seeing development.

This led to a cash crunch for the companies. Without money, work could not continue. Without work, buyers refused to pay.

This created a deadlock: no development and no payments.

Loans and Financial Stress

To manage the crisis, SLDPL took loans:

• ₹35 lakh from Greenland Projects
• ₹15 lakh from Toddlen Fashions Private Limited

To secure these loans, promoters pledged 76% of their shares across all three companies.

Even with loans, the project did not recover. Costs increased, trust reduced, and work did not restart properly.

For plot holders, this increased risk. The companies became financially weak, and control over shares reduced.

Refund Demands and Legal Pressure

As delays continued, many buyers demanded refunds with interest. Legal notices were sent to SLDPL.

However:

• Most money had already been spent
• Land development was incomplete

The companies were stuck. They could not give possession, and they could not refund money either.

This situation led to official default.

Entry Into Insolvency (CIRP)

In 2020, SRPL itself applied for insolvency under the Insolvency and Bankruptcy Code. The NCLT Kolkata admitted the case on 30 April 2021.

A Resolution Professional (RP) was appointed, and control moved from promoters to the court-supervised insolvency process.

For plot holders, this meant decisions were no longer in the hands of the original promoters. The project came under legal supervision.

What the Resolution Plan Tried to Fix

Plot buyers themselves proposed a resolution plan. The idea was to:

• Form a Special Purpose Vehicle (SPV) made up of plot buyers
• Use the SPV to take control of all three companies together

Why all three? Because land, money, and operations were deeply connected. Fixing only one company would not work.

The simple logic was: one project must be resolved together.

How the Project Was Supposed to Work (Original Design)

Originally:

• SLDPL was to handle marketing, development, plotting, and buying/selling land
• SRPL and SLBPL were to hold land titles and comply with land ceiling laws
• Buyers, SLDPL, and SRPL/SLBPL were to sign tri-partite agreements

This structure needed strong coordination. Once coordination failed, the entire system collapsed.

For plot holders, the complexity meant delays were hard to fix once problems started.

Why This Matters to Plot Holders Today

BBCL failed not because of one single mistake, but due to:

• Fragmented land ownership
• Multiple companies
• Sudden exit of key directors
• Payment deadlock
• Weak execution control

Understanding this history helps plot holders:

• See why insolvency happened
• Understand why collective solutions like an SPV are proposed
• Avoid repeating the same mistakes in future planning

Key Takeaway (In Simple Words)

BBCL was never a simple, single-company project. It was a network of companies, land parcels, and agreements.

When coordination failed, everything stopped.

Any future solution must:

• Keep land, money, and decisions under one transparent control
• Move phase by phase, not all at once
• Be driven by plot holders themselves, not outsiders

Awareness of this past helps the community make safer, clearer, and more informed choices together.

4.2 - Developer vs Contractor: Who Should Control Our Land and Our Money?

The Core Question: If We Pay the Money, Why Should We Lose Control?

Let us start with a basic idea.

• In the developer model:
  The developer says he will “invest”, owners give land, and the developer controls everything.
• In the contractor model:
  Owners invest money step by step, and the contractor works under the owners’ control.

Here is the key truth that is often misunderstood:

👉 In Mr. Rajesh Mishra’s proposal, the claim of “₹5 crore investment” is a myth. Under the proposed agreement, plot holders are required to pay substantial amounts within 90 days. Only after collecting this money from us does the developer plan to start work—and then present that spending as his “investment”.

Ask yourself a simple question: Have we been told that the developer will first purchase the remaining land, complete demarcation, allocate plots to all plot holders, and only then—after 6 months or 1 year—ask us to pay? The answer is no.

The reality is the opposite:

• We are asked to pay first
• The developer uses that money to develop the project
• And then claims that he is “investing”

In plain terms, this means:

“You provide the money, I will spend it, but I will keep full control.”

As the familiar Bengali saying goes: সবাই কই মাছের তেলে কই ভাজবে — the fish is being fried in its own oil.

What Real Developer Investment Looks Like (A Simple Example)

Imagine you own 5 katha land in a city.

• A real developer comes.
• He builds a flat using his own money.
• He keeps you in a rented house till construction is complete.
• After completion:
  • You get part of the flat.
  • He sells his share and makes profit.

👉 You invest ZERO money.
👉 The developer invests everything.

Now compare this with our situation:

• We collectively hold around 120 bigha land, worth tens of crores.
• We are asked to:
  • Give land control
  • Pay large sums within 90 days
  • Accept forfeiture risk

So who is really investing?
If we are paying, then we do not need a developer.
We need a contractor.

Why the Proposed Developer Agreement (of Rajesh Mishra) Is Risky

1. Land Moves Outside NCLT Protection

What it means in simple words:
The agreement asks for:

• Joint Development Agreement
• Power of Attorney (PoA)
• Land purchases in the developer’s name

Why this matters:
Once land control moves to a private developer:

• The land effectively goes outside NCLT supervision
• Court protection weakens
• If something goes wrong, recovery becomes very hard

NCLT exists to protect stakeholders, not to hand over control to one party.

2. Too Much Power in One Hand

The developer gets rights to:

• Relocate plots
• Extend project area
• Use infrastructure meant for existing plot holders
• Sell plots to new buyers
• Decide timelines and sequencing

For plot holders, this means:

• Owners become spectators
• Monitoring committee has no real control
• Promises depend only on trust

Control quietly shifts away from the real owners.

3. Forfeiture Risk: Miss a Deadline, Lose Everything

The agreement clearly says:

• If payment is not made within 90 days
• Plot is forfeited with NO REFUND

This affects:

• Retired people
• Middle-income families
• NRIs with fund-transfer delays

One financial difficulty can wipe out 10–15 years of waiting.
This is punishment, not rehabilitation.

4. Refund Looks Good on Paper, Weak in Reality

Refunds are advertised, but:

• They come after 24–36 months
• Total refund is capped
• It is first-come-first-serve
• After 90 days, surrender option disappears

Many plot holders may never actually receive refunds.

5. Rising and Multiple Payments

Plot holders are asked to pay:

• Around ₹55,000 per katha
• Plus ₹50,000 lump sum
• Plus 18% GST
• Plus future escalation

Money goes upfront, but:

• No escrow-style safety
• No payment linked strictly to work progress

High exposure, low control.

6. Cancellation Without Fair Protection

If payments are delayed:

• Plot is cancelled
• Earlier money is effectively lost
• Shares may also be forfeited

Risk is one-sided. Owners carry all the burden.

7. All Extra Costs Shifted to Plot Holders

After registration, plot holders must pay for:

• Land conversion and mutation
• Boundary walls
• Shared boundary protection

Developer controls the project but avoids responsibility.

8. No Clear Exit If Developer Fails

There is no strong safeguard if:

• Developer delays
• Developer fails
• Developer faces financial trouble

At that point:

• Land control is gone
• NCLT protection is weak
• Plot holders are stuck

Why a Contractor (Arun Kedia) Model Makes More Sense

In a contractor model:

• Land stays with BBCL / plot holders
• NCLT protection continues
• Money is collected step by step
• Contractor is paid only for completed work
• No PoA over land
• No forfeiture of ownership

The contractor:

• Builds roads, drainage, utilities
• Gets paid for work done
• Does not own, sell, or control land

This is simple, practical, and safer.

About “No Alternative” Fear

Some people ask:
“If not this developer, then what?”

This fear is often used to silence questions.

Once upon a time people thought India could not win without Sachin Tendulkar.
India is still winning.

Nothing is indispensable.
There are always alternatives if we keep control and think calmly.

Addressing the Fear and Pressure in Contractor (Arun Kedia) Model

• We will not forfeit your land
• We will not force huge payments in 90 days
• Payments will be phased and affordable
• Registered or unregistered, fully paid or partially paid — no one will be left behind
• If someone cannot invest now due to financial difficulty, options will be created, not punishment

If a developer (Rajesh Mishra) says:

“If you put conditions, I will leave.”

Then the answer is simple:
Thank you for your interest. We have better options.

Final Thought for Plot Holders

You waited for your land for more than a decade.
Waiting a little more — with control and protection — is far safer than rushing into a risky agreement.

There is no shortcut in life.
We must walk carefully to reach safely.

Stay calm. Stay informed.
Awareness is our strongest protection.

5 - Ownership Details