SC permits Noida Toll Bridge company to put advt on DND flyway in UP \
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SC permits Noida Toll Bridge company to put advt on DND flyway in UP

19-Jan-2022
New Delhi Jan 19 PTI The Supreme Court on Wednesday permitted Noida Toll Bridge Company Ltd NTBCL to put advertisements on the Delhi-Noida-Delhi DND flyway located inside the territory of Uttar Pradesh A bench comprising Justices L Nageswara Rao and B R Gavai asked the state government authority to refrain from taking any coercive action against the concessionaire The commercials put by the NTBCL were pulled down due to alleged non-payment of an increased license fee by the authorities The NTBCL represented by lawyers firm Karanjawala co has been opposed to the increase in the license fees The apex court has now fixed the plea of NTBCL for a final hearing in March 2022 and for the time being the private firm will have to pay license fees of Rs 125square feet to the Noida Authority Inaugurated as a toll road in January 2001 toll collection was discontinued on the DND flyway after an order passed by the Allahabad High Court in October 2016 The NTBCL has appealed against the High Court order in the apex court Senior lawyers A M Singhvi and Siddharth Bhatnagar appearing for the firm said the Noida Authority had confiscated its property with the sole aim to irreparably harm its financial assets its revenue stream from advertisements and undermine its viability as a going concern NTBCL in its petition has said that the company was solely reliant on advertising revenues for the day-to-day maintenance of the bridge after the collection of toll was suspended PTI SJK SJK RKS RKS
19-Jan-2022 National
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