BBMP officials sealed Mantri Mall again today
Sealed over significant arrears in property tax payments
This is eighth time that BBMP has sealed Mantri Mall
In a recurrent saga of legal battles and financial woes, Mantri Mall finds itself once more in the clutches of closure. BBMP officials have sealed the popular shopping complex today, citing significant arrears in property tax payments.
This latest development marks the eighth time that BBMP (Bruhat Bengaluru Mahanagara Palike) authorities have resorted to locking down the establishment due to outstanding property tax dues, which reportedly amount to a staggering 50 crore rupees.
Also read: Bengaluru: Officials lock Mantri Mall as it fails to clear tax dues of Rs 61 crore
The recurring closure due to tax arrears has left the fate of Mantri Mall hanging in the balance, with the specter of foreclosure looming large. Despite repeated legal tussles between the mall’s management and the BBMP, the issue remains unresolved, plunging the iconic shopping destination into uncertainty.
In response to the closure, a team of lawyers representing the interests of both the BBMP and the mall have been engaged in a legal tug-of-war, with each side fiercely advocating their stance in court.
As BBMP officials padlocked the mall premises today, a crowd of onlookers gathered, drawn by sudden closure. Police presence has been beefed up in the area to maintain order, with marshals announcing the closure through loudspeakers.
The closure of Mantri Mall not only disrupts business operations but also impacts the livelihoods of its employees, many of whom are now left stranded on the roadside, awaiting further developments.
Meanwhile, the management of Mantri Mall, accustomed to navigating legal hurdles, is reportedly gearing up to challenge the closure in court once again, with plans to file a stay order to facilitate the mall’s reopening.
With tensions escalating and the standoff showing no signs of abating, the future of Mantri Mall hangs precariously in the balance, leaving both its patrons and employees in a state of uncertainty.
BBMP officials sealed Mantri Mall again today
Sealed over significant arrears in property tax payments
This is eighth time that BBMP has sealed Mantri Mall
In a recurrent saga of legal battles and financial woes, Mantri Mall finds itself once more in the clutches of closure. BBMP officials have sealed the popular shopping complex today, citing significant arrears in property tax payments.
This latest development marks the eighth time that BBMP (Bruhat Bengaluru Mahanagara Palike) authorities have resorted to locking down the establishment due to outstanding property tax dues, which reportedly amount to a staggering 50 crore rupees.
Also read: Bengaluru: Officials lock Mantri Mall as it fails to clear tax dues of Rs 61 crore
The recurring closure due to tax arrears has left the fate of Mantri Mall hanging in the balance, with the specter of foreclosure looming large. Despite repeated legal tussles between the mall’s management and the BBMP, the issue remains unresolved, plunging the iconic shopping destination into uncertainty.
In response to the closure, a team of lawyers representing the interests of both the BBMP and the mall have been engaged in a legal tug-of-war, with each side fiercely advocating their stance in court.
As BBMP officials padlocked the mall premises today, a crowd of onlookers gathered, drawn by sudden closure. Police presence has been beefed up in the area to maintain order, with marshals announcing the closure through loudspeakers.
The closure of Mantri Mall not only disrupts business operations but also impacts the livelihoods of its employees, many of whom are now left stranded on the roadside, awaiting further developments.
Meanwhile, the management of Mantri Mall, accustomed to navigating legal hurdles, is reportedly gearing up to challenge the closure in court once again, with plans to file a stay order to facilitate the mall’s reopening.
With tensions escalating and the standoff showing no signs of abating, the future of Mantri Mall hangs precariously in the balance, leaving both its patrons and employees in a state of uncertainty.
LIVE TV