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Mhada counsel P G Lad then on directions from its officers, withdrew the demand, however sought liberty to problem a fresh one, this time strictly following the law. The slum rehab project on the plot in suburban Mumbai has not taken off for 16 years the HC and said Insolvency regulation just isn’t meant to be a golden parachute to defeat the socio-welfare provisions of the Slum Act. Two employees of a cash management company siphoned off Rs. 1.37 crore over last two years, spent the money lavishly before approaching the management and admitting their guilt. Overall, across the country, …
