The CAG report, tabled in Maharashtra Legislature today, said Mumbai Metropolitan Region Development Authority is yet to recover Rs 8.55 billion froms RIL and Starlight Systems Private Limited, as lease premium dues on additional built up area allowed to the lessees in Mumbai's Bandra-Kurla Complex.
The report said MMRDA also gave "undue favour" to RIL by not recovering additional premium and interest to the tune of Rs 4.28 billion for delay in construction in contravention to the terms and conditions of the lease deed and the premium.
It said MMRDA has been regularly recovering full additional premium, including interest, in respect of other allottees who had delayed construction of structures within the time specified in the lease deed. Therefore, the undue favour shown by the authority to Reliance industries in this regard is inexplicable, the CAG said.
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