Two days ahead of the Formula 1 race in Greater Noida, a petition seeking to stay the mega event was filed today before the Supreme Court, which agreed to hear it tomorrow.
A Bench headed by Chief Justice P. Sathasivam, before whom the matter was mentioned, said the plea will be heard tomorrow.
The petition has been filed by Amit Kumar seeking the court’s direction to stay the event, to be held on Saturday in Greater Noida, on the ground that the organiser has not paid the entire tax amount to the Uttar Pradesh Government for the first Formula 1 race held in 2011.
The Akhilesh Yadav Government had recently approached the apex court seeking its permission to withdraw the June 27, 2011 decision of the then UP Government headed by Mayawati granting exemption to Jaypee Group from entertainment tax.
The Government sought that the company be directed to pay the entire amount of entertainment tax due to it for the 2011 Formula 1 race.
Kumar had also earlier in 2011 filed a petition in the apex court challenging the exemption of entertainment tax given by the then BSP Government in Uttar Pradesh for the event.
The apex court in its interim order on October 21, 2011, had directed the Jaypee Group to deposit 25 per cent of the sale proceeds from tickets in a separate account which would not be operated without its permission.
India’s first Formula 1 event was held in Greater Noida, near national capital, on October 30, 2011.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.