BBMP Locks Down Bengaluru's Mantri Mall Over Unpaid Tax Of Rs 32 Crore

2024-03-16 04:00:18

(MENAFN- AsiaNet News) Officials from the Bruhat Bengaluru Mahanagara Palike (BBMP) took action by sealing off the popular Mantri Mall in Bengaluru. The closure comes as a consequence of the mall's failure to settle a substantial tax debt amounting to a staggering Rs 32 crore.

This is not the first time the iconic shopping centre has faced such a predicament. Mantri Mall has been embroiled in tax-related controversies in the past, leading to intermittent closures. However, this recent closure appears to be particularly stringent, with officials sealing the main entrance and deploying marshals and police personnel to ensure compliance.

The BBMP, responsible for the administration of the city, disclosed that despite repeated reminders and extensions, Mantri Mall had failed to fulfil its tax obligations. The accumulated arrears, totalling Rs 32 crore, prompted the authorities to take decisive action, leaving the mall deserted and its shutters down. One significant aspect of this development is the BBMP's decision to allow a one-time payment to settle the outstanding dues. However, despite this opportunity, Mantri Mall has reportedly not made efforts to resolve the matter, resulting in the latest closure.

Previously, BBMP had shut down Mantri Mall on December 28 for similar reasons, of the Mall not paying taxes of Rs 51 crore.
Following the closure, all shops were shuttered, and the mall's main entrance was sealed off.

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