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Claims of Rs7.3 cr from local bodies pending with Super Bazar

Claims of Rs7.3 cr from local bodies pending with Super Bazar
PTI
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First Published: Mon, Jul 20 2009. 12 18 AM IST
Updated: Mon, Jul 20 2009. 12 18 AM IST
New Delhi: The now-defunct Super Bazar in the national capital has dues to the tune of Rs8 crore towards local authorities, including the NDMC and DDA, which the cooperative store declines to acknowledge as debt, an audit report has said.
“These claims are unreconciled and required further scrutiny and decision of the court in the matter,” the audit report, part of the 2008-09 annual report for Super Bazar which was tabled in Parliament said.
It also noted that on the direction of the Supreme Court, a charter valuer was appointed by the evaluation committee to ascertain the fair market value and sale value of properties lying in possession of Super Bazar.
The valuer’s report, which has been submitted to the apex court says that the fair market value of the properties are Rs176.51 crore against the sale value of Rs117.52 crore.
The annual report noted that the NDMC, Delhi State Industrial Development Corporation, DDA and Directorate of Estates informed the evaluation committee of their dues in December 2007.
Among the total dues of Rs7.36 crore, DDA has Rs3.58 crore, DSIDC Rs0.78 crore, NDMC, Rs2.01 crore and the Directorate of Estates Rs0.99 crore.
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First Published: Mon, Jul 20 2009. 12 18 AM IST
More Topics: Super Bazar | Dues | NDMC | DDA | Local bodies |