Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Amid political row, Delhi municipal corporation denies all toll tax-related allegations

Amid political row, Delhi municipal corporation denies all toll tax-related allegations

India Today
Wednesday, August 10, 2022 01:20:36 PM UTC

After AAP alleged that the BJP and the Municipal Corporation of Delhi scammed Rs 6,000 crore in toll taxes, the MCD denied the allegations and claimed that the charges were baseless and without facts.

The Aam Aadmi Party (AAP) has alleged that the Bharatiya Janata Party and the Municipal Corporation of Delhi (MCD) have scammed Rs 6,000 crores in toll tax. However, the MCD has denied all the allegations.

The MCD, in a statement, alleged that the losses were caused due to collusion with the toll tax company. They clarified that, in 2017, the contract was awarded to a company named MEP Infrastructure Developers Limited for payment of Rs 1206 crore per annum for a period of five years.

After getting the contract, the company stated that it had suffered a loss on account of the opening of the Eastern Peripheral and Western Peripheral as well as the order of a Court to stop toll collection from the free lane.

The company instead sought compensation for the loss it allegedly suffered. The MCD held several rounds of meetings to resolve the matter and after the Company failed to make due payments, it terminated the contract.

The MCD also forfeited the security deposit of MEP Infrastructure Developers Limited. The MCD has initiated proceedings for the attachment of properties of MEP Infrastructure Developers Limited. The winding up of the company is pending in National Company Law Appellate Tribuna (NCLAT).In 2021, the contract for toll tax was given to a company named Shahkar Global Limited for Rs 786 crore. The reserve price of the tender was Rs. 636 crores, against which the Sahakar Global Limited bid was Rs 786 crores.

Sahakar Global Limited is paying the full amount as per the contract except for the period when the Government of the National Capital Territory, Delhi, imposed a lockdown and restricted entry of heavy vehicles in Delhi.

In light of the above events, the allegations made against them are baseless and without facts, said the MCD.

Read full story on India Today
Share this story on:-
More Related News
© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us