The penalty to be levied
2021年2月3日It further said, “As per the estimation of the audit, the penalties for non-surrender of surplus BUA by 21 societies for the period between January 2009 to December 2014 was Rs 35.“As per scales prescribed in the Maharashtra Housing and Area Development Authority (Mhada) Act, 1976, co-operative housing societies to whom no-objection certificates (NOCs) have been issued are required to surrender five to 50 per cent of the BUA for allotment to the occupants residing in Mhada’s transit camps or whose buildings are old and cannot be constructed.57 crore.
The Comptroller and Auditor General (CAG) of India has pulled up the Maharashtra Housing and Area Development Authority (Mhada) for levying inappropriate penal rates on 21 co-operative housing societies that resulted in undue financial benefit to these societies and a loss of Rs 12. But Mhada, by applying a different methodology for the same period, came out with a calculation of Rs 23.. The CAG report stated that instead of charging penalty amounts according to the ready reckoner rates, Mhada adopted a separate calculation methodology.” Thus, the application of inappropriate penal rates for non-surrender of surplus BUA resulted in undue financial benefits of Rs 12.99 crore according to the ready reckoner rates of that time.
The matter was referred to https://www.brishine-united.com/product/precision-machining/custom-made-metal-precision-machining-part-29.html the state government in June 2015. The penalty to be levied on these societies was for non-surrender of surplus built-up area (BUA). However, the audit revealed that the methodology adopted by Mhada to levy the penalties was not appropriate because it was not based on the ready reckoner rates,” the CAG report stated.42 crore to 21 socieites.42 crore to Mhada. “Their reply was awaited as of February 2016,” the CAG report concluded.
The Comptroller and Auditor General (CAG) of India has pulled up the Maharashtra Housing and Area Development Authority (Mhada) for levying inappropriate penal rates on 21 co-operative housing societies that resulted in undue financial benefit to these societies and a loss of Rs 12. But Mhada, by applying a different methodology for the same period, came out with a calculation of Rs 23.. The CAG report stated that instead of charging penalty amounts according to the ready reckoner rates, Mhada adopted a separate calculation methodology.” Thus, the application of inappropriate penal rates for non-surrender of surplus BUA resulted in undue financial benefits of Rs 12.99 crore according to the ready reckoner rates of that time.
The matter was referred to https://www.brishine-united.com/product/precision-machining/custom-made-metal-precision-machining-part-29.html the state government in June 2015. The penalty to be levied on these societies was for non-surrender of surplus built-up area (BUA). However, the audit revealed that the methodology adopted by Mhada to levy the penalties was not appropriate because it was not based on the ready reckoner rates,” the CAG report stated.42 crore to 21 socieites.42 crore to Mhada. “Their reply was awaited as of February 2016,” the CAG report concluded.
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