The Union Ministry of Housing and Urban Affairs (MoHUA) has proposed to amend section 89 of the Metro Railways (O&M) Act, 2002 to eliminate the possibility of any metro railway asset \u2013 including funds — from being seized by court orders, days before a deadline for operator to clear \u20b94,700 crore dues which, if it fails to, could lead to its assets being attached, according to a court warning.<\/p>\n
In an office memorandum passed by the ministry of housing and urban affairs dated March 17, a copy of which HT has seen, the central government has stated that attaching DMRC\u2019s assets in the matter would entail closure of the DMRC, bringing the city to a halt and impacting lakhs of people across NCR.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Union Ministry of Housing and Urban Affairs (MoHUA) has proposed to amend section 89 of the Metro Railways (O&M) Act, 2002 to eliminate the possibility of any metro railway asset \u2013 including funds — from being seized by court orders, days before a deadline for operator to clear \u20b94,700 crore dues which, if it fails to, could lead to its assets being attached, according to a court warning. In an office memorandum passed by the ministry of housing and urban affairs dated March 17, a copy of which HT has seen, the central government has stated that attaching DMRC\u2019s […]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,257],"tags":[],"class_list":["post-566767","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-railways-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/566767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=566767"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/566767\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=566767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=566767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=566767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}