1. DND flyway initiates refund process for card holders

DND flyway initiates refund process for card holders

For those whose amount is below Rs 500, the staff will return the refund amount in cash. While for amount above Rs 500, the customer will be required to fill a form with bank details and the amount will be refunded within a week.

By: | Published: November 2, 2016 9:15 AM
dnd-flyway-toll-bridge-large The Federation of Noida Residents Welfare Associations (FONRWA) had filed a PIL seeking the scrapping of the DND toll on Nov 16, 2012.

The Noida Toll Bridge Company Limited (NTBCL) has started refunding the card users of the DND flyway. The company officials said that card-holders can approach the customer care centre of the toll plaza and can take their refund. Almost 40,000 active user cards are left for refund, reports HT.

For those whose amount is below Rs 500, the staff will return the refund amount in cash. While for amount above Rs 500, the customer will be required to fill a form with bank details and the amount will be refunded within a week.  The toll for one-way use of the flyway paid Rs 28 for a four-wheeler and Rs 12 for a two-wheeler. Anwar Abbasi, spokesperson, DND flyway in a conversation with HT said that they have almost 40,000 cards of active users and out of them hardly 500 people have approached for refund as yet.

The Federation of Noida Residents Welfare Associations (FONRWA) had filed a PIL seeking the scrapping of the DND toll on Nov 16, 2012. The decision for which came in October wherein, the Allahabad High Court in an over 100-page judgement, said, “The user fee which is being levied/realised is not supported by the legal provisions relied upon by the Concessionaire (Noida Toll Bridge Company), Infrastructure Leaning and Financial Services (promoter and developer of the project) and the Noida Authority and hence, the no more toll will be collected on the flyway.”

Significantly, the court also added, “the Concessionaire, according to their own financial statements, has recovered Rs 810.18 crore (approx) from toll income from the date of commencement of the project till 31.03.2014 and after deduction of operation and maintenance expenses and corporate income tax, the surplus was Rs 578.80 crore (computed before interest, depreciation, and lease rental received by the Concessionaire)”.

 

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