Pune’s Goel Ganga Developers fined Rs 100 crores by Supreme Court
The Supreme Court has given a major decision against Goel Ganga Company’s Ganga Bhagyodaya project in Pune. It has been ordered to pay 100 crores for violation of the Environmental Rules or to pay the total cost of the project, whichever is higher. The Supreme Court has given this ruling to Goyal Ganga Company regarding the project of Ganga Bhagyodaya on Sinhagad Road in Pune. In violation of the rules of the environment, the company has ordered to pay a penalty of Rs 100 crore or 10 percent of the total cost of this project, whichever is higher.
Meanwhile, the court has stayed the construction of two buildings of this company. The company is considered to be a major impediment in violation of the rules of the environment.
The apex court has ordered the builder to pay the fine within six months else all the assets of the M/s. Goel Ganga Developers India Pvt. Ltd., as well as its Directors, shall be attached and the number of damages shall be recovered by sale of those assets.