The Supreme Court on Friday refused to review its decision upholding that Delhi-Noida-Direct (DND) flyway would remain toll free in a respite to lakhs of daily commuters. A bench of Justices Surya Kant and N Kotiswar Singh dismissed the plea seeking review of the December 20, 2024 verdict on a plea of Noida Toll Bridge Company Ltd (NTBCL), a private firm running the Delhi-Noida-Direct (DND) flyway. The firm referred to the CAG report relied upon by the apex court and said it had some positive remarks on the company, which the order did not reflect. The bench told the company's counsel that it had "minted a lot of money". The top court, however, while referring to another plea of senior NTBCL official Pradeep Puri for deletion of personal remarks against him reportedly made in the verdict on the basis of CAG's findings, said it would reproduce the report. Puri's counsel said CAG did not make any personal comments against him and the paragraph in the verdict, as a result, could be .
The country's busiest toll plazas, located on major national highways, have emerged as top revenue generators, contributing over 7% to India's total toll collections in the last five years
The Supreme Court on Friday said the CAG report looking into the financial record of the DND project in 2016 revealed shocking details including distribution of corporate gifts like gold coins to its employees, sub-staff and drivers. A bench of Justices Surya Kant and Ujjal Bhuyan upheld the Allahabad High Court order of 2016 directing the private firm Noida Toll Bridge Company Ltd (NTBCL) to stop collecting toll from commuters plying the Delhi-Noida-Direct (DND) flyway connecting South Delhi and Noida. "The CAG report shockingly reveals that the directors of NTBCL, including Pradeep Puri (who it seems was a senior bureaucrat), apparently did not perform any responsibility, yet all their expenses, including high-end remuneration were added in the total project cost," it said. Referring to the report, the bench said legal fees amounting to Rs 11 crore, travelling expenses amounting to Rs 400 lakh, and the cost of restructuring deep discount bonds at Rs 33 crore, were also added to th
A Supreme Court bench stated that the Noida Authority 'overstepped its authority' by delegating the power to NTBCL to collect or levy fees on DND flyway, which resulted in an undue burden on commuters
IL&FS has decided to sell its entire 26 per cent equity stake in Noida Toll Bridge Company Ltd (NTBCL), which owns and maintains DND flyover connecting Delhi to Noida. IL&FS has decided to monetise this marquee DND flyover, which was built in 2001, as one of the first roads to provide seamless connectivity from Delhi to Noida. IL&FS has around 26 per cent stake in NTBCL, while the Uttar Pradesh government has 5 per cent stake. The remaining shares in the listed company are with the public. The Board has decided to call for a public process to divest its share in the road project and would soon be inviting bids under this initiative, sources said. IL&FS spokesperson confirmed the decision saying "monetisation of road assets is in accordance with the approved resolution framework." The proceeds of the sale would be used for reduction of debt of IL&FS, sources said. So far, IL&FS has resolved an aggregate debt of Rs 57,000 crore and discharged an aggregate debt of
A hand grenade was found submerged in a canal in the national capital, triggering panic in the area, officials said on Sunday
SC decision to scrap toll on DND road could be a landmark decision, not just for Delhi but for millions of people across India