Karnataka HC directs state to return software firm’s deposit
Headline by Prism · from 1 report
The Karnataka High Court has ordered the state government to return a software company's deposit after failing to provide the land promised for a technology park.
1 of 32 monitored outlets · 1 report · English · checked
Deccan HeraldThe brief
Written by software from the 1 report below.
- The Karnataka High Court ruled that the state government must refund a deposit of 38 lakh rupees to a software company.
- This payment was originally made for land intended for a technology park that was never delivered.
- The court also ordered the government to pay 8 per cent annual interest on the deposit starting from 2009.
- The decision resolves a long-standing financial dispute between the state and the firm.
Coverage
1 outlet
English national1
All filed from India
NamedIndia · Government of Karnataka · Karnataka High Court
The 1 report is listed beside the record.
Corrections and versions
A correction says what was wrong and why. Every earlier headline and brief of this record is kept.
Something wrong?
Say what, and it arrives with this record's address filled in. A correction is welcome.
Ask this story
Answers cite the 1 report above, or say they can't.