
After a closure that lasted a week due to outstanding property tax issues, Mantri Mall in Bengaluru has finally reopened its doors. The reopening follows a directive from the High Court ordering the Bruhat Bengaluru Mahanagara Palike (BBMP) to unlock the premises.
On May 10, BBMP officials sealed the mall, which houses over 250 shops and businesses, due to unpaid taxes amounting to Rs 41 crore. The management of Mantri Mall has since negotiated with the municipal authorities, promising to clear Rs 20 crore of the arrears by July 31.
BBMP seizes Bengaluru's Mantri mall after repeatedly failing to pay taxes, suspends trade license
The High Court's intervention came after a review of the mall's commitment to settle half of its dues soon, prompting the court to instruct the BBMP to remove the locks by 10 am on Friday, thereby allowing businesses within the mall to resume operations.
BBMP locks down Bengaluru's Mantri Mall over unpaid tax of Rs 32 crore
What was the case?
On May 10th, a team from the Bruhat Bengaluru Mahanagara Palike (BBMP) made a forceful appearance at Mantri Mall, taking decisive action against the ongoing issue of tax arrears. With a sense of urgency, they locked the doors of the mall and suspended its trade license.
Despite repeated warnings and previous closures, Mantri Mall had consistently neglected its tax obligations, resulting in a substantial property tax arrear of approximately 50 crore rupees. The BBMP officials, equipped with a prominently displayed notice banner, took swift measures to seal off the premises.
Stay updated with the Breaking News Today and Latest News from across India and around the world. Get real-time updates, in-depth analysis, and comprehensive coverage of India News, World News, Indian Defence News, Kerala News, and Karnataka News. From politics to current affairs, follow every major story as it unfolds. Download the Asianet News Official App from the Android Play Store and iPhone App Store for accurate and timely news updates anytime, anywhere.