Approval under Section 10(23G) for BOT advertising undertakings is conditional on compliance and audit requirements. Approval under Section 10(23G) read with Rule 2E is granted to M/s Ashoka Highway Ad for specified BOT foot over bridge projects with advertising rights for the periods set by the parties' BOT agreements; approval is conditional on compliance with eligibility rules, maintenance and audit of books as required by sub rule (6) of Rule 2E, and furnishing of the audit report, and may be withdrawn on cessation of eligible business or failure to comply.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under Section 10(23G) for BOT advertising undertakings is conditional on compliance and audit requirements.
Approval under Section 10(23G) read with Rule 2E is granted to M/s Ashoka Highway Ad for specified BOT foot over bridge projects with advertising rights for the periods set by the parties' BOT agreements; approval is conditional on compliance with eligibility rules, maintenance and audit of books as required by sub rule (6) of Rule 2E, and furnishing of the audit report, and may be withdrawn on cessation of eligible business or failure to comply.
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