Friday, February 26, 2021
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Latest News

Tata Motors Requests Compensation from West Bengal under Indemnity Clause

by indiandrives
in Latest News
0 0
0
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

The counsel for Tata Motors, Samaraditya Pal told the HC of Calcutta that the state of West Bengal had entered a compensation and indemnity clause with them due to which the industrial development corporation of West Bengal or the lessor had to compensate Tata Motors or the lessee.

During his case, Pal said he was making a clear distinction between the Government and the State. Pal said that the state of West Bengal had entered valid agreements with the company and were therefore honour bound to them, whilst arguing regarding the petition filed by Tata Motors, challenging the 2011 Singur Act’s constitutional validity.

According to him, the clause of indemnity will makes it compulsory for the lessor to compensate Tata or the lessee, if the latter in not able to open their small car facility in West Bengal at Singur. This clause covers relocation loss, overall loss by the company and capital expenditure.

Pal added that the lessor agrees for indemnifying the lessee according to losses incurred, referring to the signed agreement between the State and Tata Motors. He also argued that the site was first attacked with the help of a PIL filed in March 2007. Meanwhile, the state continued to defend their acquisition of the land.

Tags: 2011 Singur ActSamaraditya PalTata Motors
Previous Post

Following Figo's Success Ford to Launch More Cars in Mass Car Segment

Next Post

New 2011 Indica e-Xeta to Replace Present Indica

Next Post

New 2011 Indica e-Xeta to Replace Present Indica

Leave a Reply Cancel reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

Recent Posts

  • Volkswagen Polo & Vento Turbo Editions Launched In India: Prices Start At Rs 6.99 Lakh
  • New Mahindra Scorpio S3+ Variant Launched In India: Prices Start At Rs 11.99 Lakh
  • All New Tata Safari SUV Launched In India: Prices Start At Rs 14.69 Lakh
  • Latest News From Indian Automobile Industry – Yamaha FZ, Renault Kiger, MG Hector, Datsun, Jawa 42
  • 2021 Jawa 42 Motorcycle Launched In India: Prices Start At Rs 1.84 Lakh

Categories

Indiandrives.com

© 2020 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • KTM
  • Volkswagen
  • Isuzu
  • Volvo
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2020 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In