Thursday, Oct 09, 2003
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By Our Special Correspondent
Mr. Ustad told presspersons that there was a restriction on the maximum period of lease of wakf properties and the lease of those properties which had been leased in violation of this condition would be cancelled.
Mr. Ustad, whose attention was drawn to the controversial lease of the property on which the Windsor Manor Hotel here stands, said he would depute a senior officer to Delhi to find out details of the case in the Supreme Court and to take action to get the stay vacated.
The lease period was due to end by this month-end. The lease amount fixed hereafter would be based on the value of property in the area, Mr. Ustad said.
The Chairman of the Karnataka Minorities Development Corporation, Suleman Talkhani, who also addressed the press conference, said the corporation had spent Rs. 15.67 crore, including Rs. 4.39 crore released by the National Minorities Development and Finance Corporation, and assisted 11,131 beneficiaries under the margin money loan scheme, the subsidy scheme, the vocational training programme, etc., last year.
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