{"id":4771,"date":"2010-03-24T00:06:15","date_gmt":"2010-03-23T18:36:15","guid":{"rendered":"https:\/\/www.legalindia.in\/news\/?p=4771"},"modified":"2010-03-24T00:06:15","modified_gmt":"2010-03-23T18:36:15","slug":"only-banks-should-finance-autorickshaws-suggests-government","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/only-banks-should-finance-autorickshaws-suggests-government","title":{"rendered":"Only banks should finance autorickshaws, suggests government"},"content":{"rendered":"<p><strong>Court<\/strong> that checks on illegal permits can be done when only banks are allowed to finance the three-wheelers operating in the capital\u00a0<\/p>\n<p>Appearing before the division bench of acting Chief Justice Madan B. Lokur and Justice Mukta Gupta, Transport Commissioner R.K. Verma said that because a number of private financers were operating in the city, illegal trading in permits was going on.<\/p>\n<p>The transport department has sent a proposal to the central government that only banks be allowed to finance the purchase of autorickshaws, he added.<\/p>\n<p>The <strong>court<\/strong> was hearing a petition of NGO Nyaya Bhoomi which alleged that financers harass drivers and trade in illegal permits.<\/p>\n<p>\u201cWe (petitioners) are concerned about the illegal trade in permits by financers of autorickshaws, as a result of which the market value of the vehicle, along with the permit, has artificially escalated to Rs.500,000 against the official cost of Rs.125,000,\u201d the petition said.<\/p>\n<p>\u201cSuch a high cost has put autorickshaw drivers at risk and their families have virtually become bonded-labourers of financers. It is also depriving millions of passengers from enjoying an honest, safe and reliable autorickshaw service,\u201d the petition said.<\/p>\n<p>\u201cThe trade in illegal permits is so rampant that not even a single autorickshaw is sold without attaching a premium on the permit,\u201d <strong>counsel<\/strong> for the petitioner said while faulting the transport department for not streamlining the process of giving permits.<\/p>\n<p>Demanding a cap on the permits, the petitioner said: \u201cOnly one permit should be issued to one person. Those holding multiple permits should be given one month to surrender excess permits.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Court that checks on illegal permits can be done when only banks are allowed to finance the three-wheelers operating in the capital\u00a0 Appearing before the division bench of acting Chief Justice Madan B. Lokur and Justice Mukta Gupta, Transport Commissioner R.K. Verma said that because a number of private financers were operating in the city, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-4771","post","type-post","status-publish","format-standard","hentry","category-top-law-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Only banks should finance autorickshaws, suggests government  - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Court that checks on illegal permits can be done when only banks are allowed to finance the three-wheelers operating in the capital\u00a0 Appearing before the - Get the latest legal news from the Supreme Court, High Courts, and government. 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A division bench of acting Chief Justice Madan B.Lokur and Justice Mukta Gupta directed the commissioner to appear personally on Monday. The court\u2019s direction came in connection with a petition filed by\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52413,"url":"https:\/\/www.legalindia.com\/news\/high-court-questions-centres-policy-exempting-autos-panic-buttons","url_meta":{"origin":4771,"position":1},"title":"High Court questions Centre&#8217;s policy exempting autos from having panic buttons","author":"Legal India Admin","date":"April 19, 2018","format":false,"excerpt":"The Delhi High Court today questioned the Centre's 2016 policy exempting autorickshaws and e-rickshaws across India from having panic buttons or General Packet Radio Service (GPRS), saying how can it have such a scheme \"in an atmosphere where people are getting raped\". The high court also said that \"for once\",\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/04\/Delhi-High-Court-4.jpg?fit=640%2C480&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/04\/Delhi-High-Court-4.jpg?fit=640%2C480&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/04\/Delhi-High-Court-4.jpg?fit=640%2C480&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":38339,"url":"https:\/\/www.legalindia.com\/news\/consumer-forum-rejects-plaint-to-fine-autorickshaws","url_meta":{"origin":4771,"position":2},"title":"Consumer forum rejects plaint to fine autorickshaws","author":"Legal India News","date":"July 9, 2015","format":false,"excerpt":"A consumer forum here has held that it cannot order ThanePolice Commissioner and RTO to fine autorickshaw union for its strike on two days in the city in April this year. Thane District Consumer Redressal Forum (TDCRF) president Manohar Y Mankar and member Madhuri S Vishwarupe were deciding a complaint\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"Consumer forum rejects plaint to fine autorickshaws","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/06\/jail.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":30052,"url":"https:\/\/www.legalindia.com\/news\/autorickshaws-remain-off-hyderabad-roads","url_meta":{"origin":4771,"position":3},"title":"Autorickshaws remain off Hyderabad roads","author":"Legal India Admin","date":"September 5, 2013","format":false,"excerpt":"About one lakh autorickshaws and small goods carriers remained off the roads in the twin cities of Hyderabad and Secunderabad for the second day Thursday, severely inconveniencing commuters. The Auto drivers' Joint Action Committee has called for the strike to demand scrapping of a government order under which the traffic\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29177,"url":"https:\/\/www.legalindia.com\/news\/ads-on-delhi-autorickshaws-court-to-hear-plea-tuesday","url_meta":{"origin":4771,"position":4},"title":"Ads on Delhi autorickshaws: Court to hear plea Tuesday","author":"Legal India Admin","date":"July 15, 2013","format":false,"excerpt":"The Delhi High Court is likely to hear Tuesday the plea of a group of autorickshaw drivers against the government's June 6 order prohibiting them from putting advertisements and posters on their commercial vehicles. A division bench of Acting Chief Justice B.D. Ahmed and Justice Vibhu Bakhru, which was to\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51186,"url":"https:\/\/www.legalindia.com\/news\/ensure-private-vehicles-used-school-buses-comply-rules","url_meta":{"origin":4771,"position":5},"title":"Ensure private vehicles used as school buses comply with rules","author":"Legal India Admin","date":"January 12, 2018","format":false,"excerpt":"The Bombay High Court today directed the Maharashtra government to ensure that private vehicles, plying as school buses, comply with the state's prescribed safety rules. A bench of Justices Naresh Patil and N W Sambre said that the transport department must ensure that all registered school buses and private vehicles,\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/01\/private-vehicles-used-as-school-buses-300x147.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-1eX","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/4771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=4771"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/4771\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=4771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=4771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=4771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}