UT Employees Conditionally Agree to Administration Proposal
ECONOMY & POLICY

UT Employees Conditionally Agree to Administration Proposal

The longstanding deadlock surrounding the Self-Financing Employee Housing Scheme of 2008 is on the brink of resolution, as employees have "conditionally agreed" to a proposal presented by the UT administration in 2021. In a recent application submitted to the Punjab and Haryana High Court, the employees articulated their willingness to consider the proposal.

In the case of Gurmukh v/s Union of India, the petitioners expressed their viewpoint, "Taking into account the substantial duration that has passed since the initial filing of the petition and the fact that over time, several allottees have retired, with some having sadly passed away, on May 18, the petitioners presented the proposal that the scheme mentioned in the affidavit dated March 3, 2022, which was previously deemed unacceptable, could be implemented on a provisional basis, pending the final resolution of the writ petitions."

The petitioners further elaborated on their rationale for conditionally accepting the proposal, stating, "The primary objective behind this conditional acceptance is to safeguard against potential future escalations and rising construction costs, which could have adverse consequences for both parties involved." Consequently, on May 18, the Honourable Court directed the counsel for the Chandigarh administration to seek instructions regarding the feasibility of such a scheme.

This development marks a significant step towards resolving the protracted dispute over the Self-Financing Employee Housing Scheme, offering hope for a mutually agreeable solution to benefit the concerned employees and administration alike.

The longstanding deadlock surrounding the Self-Financing Employee Housing Scheme of 2008 is on the brink of resolution, as employees have conditionally agreed to a proposal presented by the UT administration in 2021. In a recent application submitted to the Punjab and Haryana High Court, the employees articulated their willingness to consider the proposal. In the case of Gurmukh v/s Union of India, the petitioners expressed their viewpoint, Taking into account the substantial duration that has passed since the initial filing of the petition and the fact that over time, several allottees have retired, with some having sadly passed away, on May 18, the petitioners presented the proposal that the scheme mentioned in the affidavit dated March 3, 2022, which was previously deemed unacceptable, could be implemented on a provisional basis, pending the final resolution of the writ petitions. The petitioners further elaborated on their rationale for conditionally accepting the proposal, stating, The primary objective behind this conditional acceptance is to safeguard against potential future escalations and rising construction costs, which could have adverse consequences for both parties involved. Consequently, on May 18, the Honourable Court directed the counsel for the Chandigarh administration to seek instructions regarding the feasibility of such a scheme. This development marks a significant step towards resolving the protracted dispute over the Self-Financing Employee Housing Scheme, offering hope for a mutually agreeable solution to benefit the concerned employees and administration alike.

Next Story
Infrastructure Urban

NCLAT Halts ATS Projects' Insolvency

The National Company Law Appellate Tribunal (NCLAT) has intervened to halt the insolvency process of ATS Projects, a significant development in the ongoing legal proceedings. This decision comes amidst the insolvency proceedings initiated against ATS Projects, which had faced financial challenges in recent times.

The NCLAT's decision to halt the insolvency process reflects a significant development in the legal proceedings concerning ATS Projects. This intervention underscores the complexity of the case and the need for careful consideration of all aspects before proceeding further with..

Next Story
Infrastructure Urban

IL&FS Seeks MMRDA Approval for Mumbai HQ Transfer

IL&FS (Infrastructure Leasing & Financial Services) has initiated steps to secure fresh approval from the Mumbai Metropolitan Region Development Authority (MMRDA) for the transfer of its headquarters in Mumbai. This move signifies the company's commitment to streamline its operations and realign its corporate infrastructure.

The decision to seek renewed approval from MMRDA comes amid IL&FS's efforts to optimise its resources and enhance operational efficiency. The proposed transfer of its headquarters reflects IL&FS's strategic real estate management approach aimed at consolidating its ..

Next Story
Infrastructure Urban

Adani Plans Rs 800Bn Investment

Adani Enterprises has announced plans to invest a staggering Rs 800 billion in the current fiscal year, signalling a significant push towards expansion and development across various sectors. This substantial investment underscores Adani's commitment to driving economic growth and infrastructure development in India.

The investment will be directed towards a diverse range of projects, including but not limited to infrastructure, construction, and energy. Adani Enterprises, a key player in India's infrastructure landscape, aims to leverage this capital infusion to bolster its existing pr..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram