Online edition of India's National Newspaper
Thursday, Oct 09, 2003

About Us
Contact Us
Southern States
News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Obituary |

Southern States - Karnataka Printer Friendly Page   Send this Article to a Friend

Govt. to regulate lease of wakf property

By Our Special Correspondent

Bangalore Oct. 8. The State Government intends to frame rules under the Wakf Act, a Central Act of 1955, requiring wakf boards to seek prior approval of the Government in matters such as lease of property to prevent irregular transactions, the Minister of State for Minority Welfare and Wakf, M.L. Ustad, said here today.

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.

Printer friendly page  
Send this article to Friends by E-Mail

Southern States

News: Front Page | National | Southern States | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Obituary |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright 2003, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu