Hello Vijay Kumar. Thanks for contacting Careers360 and we hope we will be able to answer your query. 

First please, sorry for the late reply. I will try my best to help you out. 

No, HPCET will not help you take lateral entry admission to the second year. 

I would advice you to please contact the university you are applying to for more information. Because, as of now, we have no idea as to which college you are aiming to study in. 

Hope this helps you and all the best!