Petroleum dealers to move court over dues owed by govt depts
Upset at the non-settlement of outstanding payment of about Rs 5 crore by government departments, petroleum dealers of Punjab have decided to take the matter to the court.Updated: Feb 05, 2014 19:32 IST
Upset at the non-settlement of outstanding payment of about Rs 5 crore by government departments, petroleum dealers of Punjab have decided to take the matter to the court. During the executive committee meeting held here on Wednesday, the Punjab Petroleum Dealers' Association resolved to move the Punjab and Haryana high court to get their dues.
Most of the dealers have stopped giving fuel on credit to defaulting state government departments for the past few months.
Association president JP Khanna said resentment prevailed among the dealer fraternity as despite repeated pleas, dues were not being released. He revealed that the police department was the major defaulter. "About 80% of the dues are pending with the police department. Every time we have threatened to discontinue supply, the administration has bought time, but now we are fed up," said Khanna, adding that dealers were facing financial crisis. "We are left with no option but to approach the high court to get our money back," he said.
The executive also appreciated efforts made by the Consortium of Indian Petroleum Dealers for the enhancement of the dealer's profit margin on petrol and diesel in accordance with the Apoorva Chandra Committee report. Whenever fuel prices will rise, the dealer's margin will rise automatically.
Meanwhile, Ashok Khullar was appointed president of the Hoshiarpur petroleum dealers' association.