MCD to seize assets of Pacific Mall after February 4

| | Dehradun
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MCD to seize assets of Pacific Mall after February 4

Friday, 31 January 2020 | PNS | Dehradun

Due to the failure of the Pacific Mall management to clear its property tax dues, the Municipal Corporation of Dehradun (MCD) will seize its assets after February 4.

According to MCD tax superintendent Dharmesh Painuly, “The issue is slated for a hearing in Uttarakhand High Court on February 4 and another hearing in Civil Court on February 5.

They have been given the time to deposit the amount till Feb 4, after that their assets will be seized by MCD.”MCD has issued the warrant to Pacific Mall twice this month concerning the submission of the fine on property tax which is due for last many years.

Painuly said that if the money cannot be recovered by auctioning the movable assets of the mall, then it would be recovered through immovable assets.It is pertinent to mention here that Pacific Mall has been fined on giving wrong information about their property to MCD, therefore, its administration has been charged with a hefty amount of more than rupees four crore.

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