No arrears for Bazar employees
Hundreds of Super Bazar employees will not get their salary arrears in the near future, reports Satya Prakash.india Updated: Nov 09, 2006 03:20 IST
Hundreds of Super Bazar employees will not get their salary arrears in the near future as the Supreme Court on Wednesday asked the Authority under the Shops & Establishment Act not to entertain their pleas in this regard till it finally decided the issue of revival of the ailing shopping co-operative.
The order came from a Bench headed by Justice BP Singh on an application by the Official Liquidator seeking stay on the proceedings initiated by the employees before the Authority for realization of arrears of their salaries. "The Authority shall hold its hands off for the time being till we finally dispose of the matter," the Bench said in its order.
Meanwhile, the NDMC told the court that it was willing to let out the entire premises of Super Bazar at Connaught Place on the basis of market rent (Rs 67.50 per sq m).
The civic body also said that it proposed to build an additional public parking in the open area in front of the existing building as per the building by-laws.
The court had suggested that the successful bidder may keep ground, first, second and third floor of the building and proportionate area of the basement for running it. The bidders — Mukesh Ambani-owned Reliance India Ltd and Indian Potash Ltd-Indian Labour Co-operative Society Ltd combine, however, wanted possession of the entire building in case it went in their favour.
The Bench fixed December 5 to decide whether the premises could be let out to the successful bidder.
First Published: Nov 09, 2006 03:20 IST