DND toll row: SC notice to firm on plea of Noida authority against arbitral proceedings

Noida | Tuesday | 5th March, 2019

Summary:

NEW DELHI: The Supreme Court Tuesday issued a notice to private firm Noida Toll Bridge Company Ltd (NTBCL) on a plea filed by Noida authority challenging the ongoing arbitral proceedings between them on collection of toll on the DND flyway connecting Delhi and Noida. "We are, therefore, more than satisfied that the Concessionaire cannot now recover the user fees from the users/commuters of the Noida Toll Bridge the DND Flyover," the high court had said. "They have further realised user fee/toll two-and-a-half years thereafter between April 1, 2014 and September 30, 2016 which, as per the collection of user fee in the year 2013-14 would work out to an additional sum of Rs 300 crore (approx). Reply to the I A (interim application), if any, may be filed within a week. Rejoinder to the reply, if any, may be filed within next one week thereafter..