Current Affairs

ITC Show Cause to Cos

Even though the Rajiv Gandhi IT Habitat project at Dona Paula was kept on hold by the government following protests by Education Minister Babush Monserrate, the Info-Tech Corporation of Goa (ITCG) has sought to blame the companies involved for the delay and issued them a show cause notice.
The 17 companies that were awarded different works to set up the IT habitat have been issued notice for failure to fulfill the terms and conditions of the agreement and given 15 days time to re-start the work failing which their contract will be terminated.
The notice points out that the companies were to commence the work within six months and complete the project in a period of two years after signing the agreement, besides it has also been pointed out that the companies have failed to make the payments due to the corporation.

The promoters in turn, have pointed out that they could not proceed with the work due to the government’s decision to keep the project on hold and further offered to pay the installments due but sought a waiver on the interest.
ITCG has also rejected the companies’ contention that they were not granted permission for construction claiming that the permission was automatically granted when the lease deed was executed.
The companies issued the show cause notices are Devashri Real Estate Developers, M/s CNS Info-Tech Pvt Ltd, M/s Palkit Constructions Pvt Ltd, M/s Goa Tech-Parks Pvt Ltd, M/s Milcon Developers Pvt Ltd, M/s DS Contractors Pvt Ltd, M/s Lotus Technologies Pvt Ltd, M/s Pawa Infrastructure Pvt Ltd, M/s Financial Technologies Pvt Ltd, M/s Steel Plant Pvt Ltd, M/s M Venkata Rao Pvt Ltd, M/s Surana Telecom Ltd, M/s Ampersand Digimedia & Entertainment Ltd, M/s JMD Ltd, M/s C Mendonsa, M/s Jai Bhavan Builders Pvt Ltd and  M/s Technology Innovations.
ITCG Chairman Subash Shirodkar when asked about the notices refused to hold the government responsible by asking whether any written instructions were given to the companies to stop the work.

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