21 hrs ago

Court orders escrow for Rs 14.16 crore wakf rent dues

Court orders escrow for Rs 14.16 crore wakf rent dues
Rs 14.16 cr rent dues under HC watch; govt urged to open escrow account · thehansindia.com

A High Court is hearing a disagreement about rent money from trust-owned properties.

Four trusts say the Telangana State Waqf Board should no longer manage their properties.

They say the board collected rent but more than Rs 14 crore remains unpaid or unaccounted for.

The money involves 452 tenants.

The trusts also allege that some collected funds were not used for the trusts’ goals.

The court ordered a government official to place Rs 14.16 crore in a special escrow account.

This keeps the money protected while the case continues.

The court will hear the matter again on September 29.

Key facts

Amount ordered into escrow
Rs 14,16,99,475, or approximately Rs 14.16 crore
Number of tenants
452
Petitioners
Mecca Madina Alladin Wakf, Alladin Charities and Zakt Wakf, Alladin Charities Wakf, and Alladin Educational Endowment Trust
Respondent authority involved
Telangana State Waqf Board
Escrow account official
Principal Secretary, Minority Welfare
Next hearing
September 29
Properties’ stated purpose
Educational and social welfare activities for Muslims in Mecca, Madina, and Jeddah

Sources

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