Two bank accounts of Delhi University affiliated Deen Dayal Upadhyay College (DDU) have been seized. The South Delhi Municipal Corporation has taken this action on DDU for non-payment of property tax of over Rs 3 Crore. The Municipal Corporation can now begin the process of seizing the college property as well.
The principal of Deen Dayal Upadhyay College, Dr. Hemchand Jain said that the South Delhi Municipal Corporation has seized two bank accounts of the college. This is going to cause a lot of problems in the future. In a few days, Open Book Exams for first-year students are going to commence for which they have deposited the exam fee in these accounts only. DDU Principal says that the college is now unable to submit assets.
The new building of Deen Dayal Upadhyay College was built in the year 2016. After which the office, as well as the classes, were being commenced in the new building. The college then applied to the South Delhi Municipal Corporation for property assessment. After this in the year 2019, the Municipal Corporation asked DDU to pay a lump sum of Rs 1.9 crore. The college administration could not deposit the amount at that time which has now increased to Rs 3 crore.
As per the reports, two accounts of DDU have been seized. However, if Delhi University affiliated Deen Dayal Upadhyay College did not pay the tax amount, the municipal corporation may seize the assets of the college in its next action. According to the reports, if such a case takes place, students, teachers, and the non-teaching staff of the college might have to incur a heavy loss.
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