Accept fine as bank guarantee: AOL to NGT

The tribunal had refused to prohibit the 'World Culture Festival' held between March 11 and 13, but slapped a fine of Rs 5 crore on the foundation for damaging biodiversity of Yamuna

Image
Press Trust of India New Delhi
Last Updated : Apr 04 2016 | 12:41 AM IST
Art of Living (AOL) Foundation has moved the National Green Tribunal seeking its nod to accept the fine, slapped for allegedly damaging Yamuna's biodiversity, as bank guarantee instead of “payment of balance amount”.

The tribunal had refused to prohibit the 'World Culture Festival' held between March 11 and 13, but slapped a fine of Rs 5 crore on the foundation for damaging biodiversity of Yamuna.

Read more from our special coverage on "ART OF LIVING"



On March 11, AOL moved a plea seeking four weeks time for depositing the amount after which the tribunal allowed the foundation to deposit Rs 25 lakh on that day and granted three weeks time period to pay the balance amount.

"The applicant submits that the present application is being filed for modification of the order dated March 9 and March 11 to allow for submission for security by way of a bank guarantee in lieu of payment of balance amount as directed,” the plea said.

AOL has also sought to submit a proposal for laying down methodology for collection of scientific data regarding assessment of actual environmental damage and requested the tribunal to grant 45 days for the same.

Recently, Manoj Mishra of Yamuna Jiye Abhiyaan filed a review plea challenging the NGT order which had dismissed his petition on the ground of "delay and laches on the part of the applicant in approaching the tribunal".
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 04 2016 | 12:37 AM IST

Next Story