Updated On: 08 September, 2013 05:07 AM IST | | Vinod Kumar Menon
SMD investigations also reveal that the owners of the mill haven't paid lease rent for the past 15 months.The land is currently under litigation
The Union Ministry of Corporate Affairs had submitted an application in 2011 to buy the Shakti Mills compound to construct several government offices. The application from the ‘Union of India’ for purchase of the mill is currently pending before the Bombay High Court. Apparently the ministry wants to construct offices for the Regional Director, Ministry of Corporate Affairs (Western Region) and the Registrar of Companies as well as for the official liquidator and the Company Law & Appellate Tribunal.

The owners of the now infamous Shakti Mills have not paid rent running into lakhs to the city collector since May 2012. u00a0Pic/ Pradeep Dhivar