Eagle Deep, a Concessionaire to operate Toll Plaza on the Tiruchirappalli bypass Road to Tuvarankurichi on NH45B, has moved the court seeking a direction to seven TNSTCs to pay statutory arrears of Rs 4.14 crore as of March 31, 2014 with 14 per cent interest as per the restructured toll rates.
The company, which took charge of the plaza on June 3, 2013, contended the TNSTCs assured to pay the notified payment dues at the end of each month, but failed to keep their promise inspite of several representations, including one by the General Manager of National Highways Authority of India.
The Present concessionaire and the previous one are the same, therefore the agreement was binding, he contended and said the petitioner was seeking to convert the high court into civil court.
Petitioner's counsel said no concession could be granted to TNSTCs and there was no room for bargaining. The relaxations granted by the erstwhile concessionaire could not be binding on the petitioner.
Noting the petitioner's claim that a fresh agreement had been signed with the NHAI pursuant to the fresh tender and earlier agreement would not bind them, the Judge said the dispute had to be resolved by parties before the appropriate forum and not in a writ petition.
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