Greater Noida West: Serious allegations of financial mismanagement have emerged at 11th Avenue, Gaur City-2, following a forensic audit that reportedly exposed irregularities amounting to crores of rupees. The issue stems from a prolonged dispute between the Apartment Owners Association (AOA) and residents over tender procedures and alleged illegal electricity disconnections.
Several residents had earlier filed complaints with the Deputy Registrar of Ghaziabad, alleging violations in the tender process and arbitrary power cuts. After two hearings, the Deputy Registrar in August 2025 directed the AOA to initiate a fresh and transparent tender process, immediately stop any unlawful disconnections and conduct a forensic audit of the past four years.
External forensic audit conducted
Following the directive, an independent Chartered Accountant firm was appointed to conduct an external audit. Residents say this is the first time in the society’s history that a detailed third-party financial examination has been carried out, bringing spending patterns under formal scrutiny.
Key findings of the audit report
According to residents familiar with the report, the audit has flagged multiple procedural and financial irregularities, including:
- Execution of major works without formal proposals
- No evidence of three mandatory quotations
- Absence of General Body Meeting approval
- Payments made against incomplete or provisional bills
- Cash payments beyond permissible limits
- Missing GST documentation
- Use of alleged fake or informal bills
The findings have raised concerns about possible misuse of residents’ funds collected through maintenance charges and other contributions.
Fresh complaints filed
Despite the audit observations, residents allege that new contracts, including major painting works, are being executed under a disputed tender process and without engineer certification. Fresh complaints have reportedly been submitted to the Deputy Registrar’s office.
Residents demand accountability
The lack of visible administrative action after the audit findings has intensified frustration among residents. Many argue that the matter involves public money contributed by hundreds of families and therefore requires urgent intervention.
Residents have warned that if prompt action is not taken, they will approach the District Magistrate seeking recovery proceedings and may move the court for further legal remedies.
They also allege that requests for financial statements and supporting documents are not being adequately addressed by the current AOA.
With serious allegations now in the public domain, residents are questioning why authorities have remained silent and who will ultimately be held accountable if the irregularities are confirmed.
