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VASCO
Western India Shipyard Limited (WISL) which was occupying the berths of MPT and operating a floating dry dock for a long time (operations were stopped somewhere in 2016 has been asked by MPT to submit an action plan for removing the assets from land and water area on top priority.
While the ship and floating dry dock has been auctioned by Bombay HC, the lease of WISL with MPT comes to an end on April 4.
The Chief Mechanical Engineer on March 22 wrote to the WISL management and it’s promoter appointed under the Securitization Act, CA Om Prakash Kanoongo that the licence agreement between WISL and MPT was due to expire on April 4.
The letter also mentioned the termination notice issued to WISL on March 4, 2017 and requested that they clear the assets from the licenced premises consisting of the land and water area by April 4.
As per class 14 of the licence agreement, the Port is entitled to call upon WISL to remove the constructions and restore the property as it was at the time of handing over to WISL failing which the Port shall have the right to remove the construction at the cost, risk and expenses of WISL.
As per NCLT order dated March 19, 2018 the court directed handover of licensed premises to MPT by April 4.
RP 21: Vijai takes dig at Cong, says to be clear on its stand
the goan I networkMARGAOSaying that the government is ready to engage with anyone and everyone to remove their misconceptions on the revival of the RP 2021, TCP Minister Vijai Sardesai on Saturday threw a gauntlet at the Congress and former Chief Minister Digambar Kamat to come clear and outline the party’s stand on operationalizing the RP 2021. He further demanded to know from Kamat, who was the Chief Minister between 2007-11, whether the Regional plan notified during…
