Latest news with #RevenueRecoveryCertificates
Hans India
05-07-2025
- Business
- Hans India
Recovery cell to be set up in Revenue dept for builder dues under RERA
In a major move to safeguard the interests of homebuyers, the Karnataka Real Estate Regulatory Authority (K-RERA) has proposed the creation of a dedicated Recovery Cell within the Revenue Department to recover over Rs 650 crore in pending dues from builders who have violated RERA norms. The decision comes amid growing criticism that K-RERA has failed to enforce its own orders against builders who have not delivered flats on time or violated other regula-tory conditions. Despite issuing Revenue Recovery Certificates (RRCs), several builders have continued to ignore the directives, prompting the need for a more fo-cused mechanism for enforcement. Currently, the task of enforcing RRCs lies with district collectors and tahsildars. How-ever, their existing administrative burden—including handling elections, census du-ties, and national events—has resulted in minimal focus on recovering these amounts. According to officials, just 62 out of 565 RRC cases have resulted in actual recovery, amounting to only Rs 18.7 crore, while the remaining 594 cases involve a backlog of Rs 347.44 crore yet to be 10 major builders account for nearly Rs 347 crore in unpaid penalties. Among them, Ozone Urbana Infra Developers Pvt. Ltd. leads the list with Rs 201 crore pending across 229 cases, of which only Rs 7.53 crore has been recovered so far. The idea for the Recovery Cell was supported by a proposal submitted by Forum for People's Collective Efforts (FPCE), a citizens' rights group advocating for strict im-plementation of RERA provisions. Welcoming the move, National General Secretary of FPCE, MS Shankar said, 'We commend the decision to consider setting up a ded-icated recovery cell to handle builder defaults under RERA. If implemented, Karna-taka will become the second state in the country to have such a system.' The new cell is expected to ensure swifter enforcement of K-RERA's compensation orders, prevent fraudulent practices by errant builders, and offer long-overdue relief to affected homebuyers. The formal proposal has now been submitted to the state gov-ernment, and discussions are underway to operationalize the cell in the coming months.
Time of India
23-04-2025
- Business
- Time of India
15 sugar mills face action over non-payment of FRP
Kolhapur : The state sugar commissionerate has taken legal action against 15 sugar mills by issuing Revenue Recovery Certificates (RRC) for failing to pay sugarcane farmers the Fair and Remunerative Price (FRP). The details comes from a bi-weekly report submitted to the ministry of consumer affairs, food and public distribution. The RRC is a legal instrument the sugar commissioner's office uses to ensure farmers receive their dues promptly. According to the Sugarcane (Control) Order of 1966, mills are legally obligated to pay the FRP within 14 days of can crushing. The RRC empowers district authorities to recover these outstanding payments through auctioning sugar stocks and seizing assets. For the current 2024-25 crushing season, 200 sugar factories across Maharashtra have collectively crushed approximately 85 tonnes of sugar cane. Of the total FRP due, which amounts to Rs22,732 crore (excluding harvesting and transportation costs), Rs752 crore is yet to be paid to farmers. A senior official from the sugar commissioner's office, while talking to TOI, said while 125 factories have paid 100% of the FRP, 21 factories have paid less than 60%. The office has directed local authorities to engage with these mills to expedite the payment process. Notably, some mills, particularly those in Kolhapur, pay farmers more than the stipulated FRP, which is determined by the sugar recovery rate. Currently, only one factory has crushing operations ongoing. "The cane crushing was started late and the mill is crushing at a rate of 6,000 tonnes per day. It is located in Pune district and may end crushing in a few days, following which, officially, the crushing season will end," said the official. In the current season, 80.8 lakh tonnes of sugar has been produced after crushing 852 lakh tonnes of sugar cane. In comparison to last season, there is a dip in sugar production. Around 1,100 lakh tonnes of sugar was produced then. The sugar recovery rate has also dipped from 10.25% in 2023-24 to 9.48% in the ongoing season.
