The company refuted allegations of any wrong doing saying these are in variance with facts, are false and baseless.
“M/s EKSPL was acquired by the company in a private transaction over a decade ago. The requisite approvals have been sought pursuant to court directions obtained after protracted litigation and by strictly following due process in this regard,” DLF said in a filing to the Bombay Stock Exchange.
A single bench of the Delhi High Court had in 2010 had allowed EKSPL use of 9.26-hectare (22.9 acres) dairy farm in the vicinity of Rashtrapati Bhawan for residential purposes after depositing conversion charges of Rs 1200 crore with the government.
During the hearing the central government had opposed the conversion citing security concerns saying that the area in question comes within the vicinity of Lutyn's Bungalow Zone (LBZ) President's Estate and involves security concerns.
The Union Government approached the Division Bench of the High Court where it submitted the ground of security should have been weighed by the single judge bench of the High Court but the same has been totally brushed aside.
The Division Bench said the Master Plan permits the use for residential areas and there are many other residential premises in the area.
“Possibly there may be certain restrictions or constrictions. In this regard, we are not in a position to express our opinion but leave it to the authorities to deal with it with total objectivity by following the doctrine of audi alteram partem,” the Bench of Chief Justice Sanjiv Khanna and Justice Dipak Mishra had held in 2011.