LUCKNOW, March 11 -- The Lucknow Development Authority (LDA) has recommended cancelling the licence of the Ansal API township and taking over the incomplete project for further development.

Sent to the state government, the proposal follows LDA vice-chairperson Prathamesh Kumar's earlier statement that the authority is prepared to step in, if needed.

The LDA has also approached the National Company Law Tribunal (NCLT) to recover its pending dues from Ansal API, besides portions of mortgaged land.

The authority, through its Interim Resolution Professional (IRP), has raised concerns over the alleged illegal sale of mortgaged land by the developer and the pending dues of the LDA which remained unpaid by the realtor.

The LDA vice-chairper...