The apex court, which refused to interfere with the HC order for the time being, said, "let the interim arrangement be there. We will pass some order after Diwali vacation."
A bench, comprising Chief Justice T S Thakur and Justices D Y Chandrachud and L Nageswara Rao, said it will decide on the submission of referring the issue of calculation of toll collected, which has been disputed by the company, to the Comptroller and Auditor General of India (CAG).
Singhvi said Noida Toll Bridge Company Limited (NTBCL) is a company limited by shares and listed with stock exchanges here and abroad including London, and permitting it to collect toll for one or two more months would cause no harm to anyone.
"The balance of convenience is in our favour as I have been collecting toll for last 15 years. If tomorrow it is held that I have the right to collect toll then we cannot go on chasing vehicles for the past toll," he said.
At the outset, the bench said it wanted to know about the expenses incurred and the "permissible return" the firm wished to get back from the Delhi-Noida Direct (DND) flyway.
Singhvi said, "I don't mind any independent auditor of
the court's choice for auditing the accounts and other aspects ... We have to maintain the stretch as well. There can be a CAG audit."
During the hearing, the Noida Authority shied away from taking a stand on the issue, with its counsel only saying that all facts were placed before the High Court.
"You are not telling your stand. Are you saying that the company has recovered enough and they should be out," the bench asked.
When the counsel said he had no written instruction, the bench shot back saying the authority was not taking the matter seriously.
The PIL, filed in 2012, had challenged the "levy and collection of toll in the name of user fee" by the NTBCL.
In an over 100-page judgement, the high court had held "the user fee which is being levied/realised is not supported by the legal provisions relied upon by the Concessionaire (Noida Toll Bridge Company), Infrastructure Leaning and Financial Services (promoter and developer of the project) and the Noida Authority."
It had noted that "the Concessionaire, according to their own financial statements, has recovered Rs 810.18 crore (approx) from toll income from the date of commencement of the project till March 31, 2014 and after deduction of operation and maintenance expenses and corporate income tax, the surplus was Rs 578.80 crore (computed before interest, depreciation, and lease rental received by the Concessionaire)".
"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.
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