• Fri. Nov 22nd, 2024

ORR Issue: HMDA Issue Legal Notice To Revanth Reddy

ORR Issue: HMDA Issue Legal Notice To Revanth ReddyORR Issue: HMDA Issue Legal Notice To Revanth Reddy

Hyderabad, May 26 (Hydnow): The Hyderabad Metropolitan Development Authority (HMDA) has sent a legal notice to Congress party state president Revanth Reddy seeking an unconditional apology in public within 48 hours for this reported “false and defamatory statements on the Outer ring Road (ORR) lease” and also asking him to cease and desist from making similar baseless and disparaging remarks.

Stating that the endeavor to monetize the ORR through the Toll-Operate-Transfer model and generate revenues on similar lines as being done by the NHAI, was done in a fair, lawful, and transparent manner and IRB Infrastructure Developers Limited emerged as the successful bidder the HMDA said in the notice accusing Revanth Reddy of making false and sweeping allegations through press meeting/interview.

It reiterated that neither the terms of the RFP nor the Tender/Bid document prescribe any requirement whereby the successful bidder i.e. IRB Infrastructure Developers Limited is contractually obligated to make any advance payments prior to the conclusion of the contract.

Advertisements

ORR Issue: HMDA Issue Legal Notice To Revanth Reddy
ORR Issue: HMDA Issue Legal Notice To Revanth Reddy

“It is amply clear that allegations with respect to non-payment of the fee are pre-mature and in fact pre-medicated only to malign our clients with an intention to raise the false alarm within the general public. “the legal notice said.

The HMDA has not received any requests for an extension of time from the concessionaire and no such extension of time was granted. the HMDA notice said while describing Revanth Reddy’s statements as ‘patently false and clearly reek of malice.”

The present tender is floated on a TOT basis for operation and maintenance of the ORR for a particular period of time and at no point does the tender seek to transfer the ownership of any of the assets pertaining to the ORR.”

Advertisements

The legal notice said failure on the part of Revanth Reddy to offer an unconditional apology in public within a period of 48 hours from the receipt of the notice and cease and desist from actions to defame the HMDA with false remarks and statements, would result in appropriate legal actions, both under the civil and criminal laws. (Hydnow)


Next Story:

Now you can get the latest stories from Hydnow every day. Click the link to subscribe. Click to follow Hydnow’s Facebook page and Twitter and Instagram

Leave a Reply

Your email address will not be published. Required fields are marked *