Kinfra yet to decide on returning land
Kinfra legal manager Saju Sugathan told TOI that the land is owned by Kinfra and it has the right to sell it to any prospective buyer. The land and building were allegedly taken from the woman by the accused in the Nirmal Krishna fraud a few years ago and she has been in a legal battle to reclaim it.
"There is a case over the disputed land and building at the commercial court and it must be resolved before a decision can be made. Kinfra leased out the land to its current owner by following all rules and with Usha's consent.
Kinfra has complete right to decide to whom the land should be given, but a decision is yet to be taken," said Sugathan.
Umesh had claimed the case at the commercial court was filed against the illegal transfer of land and building to its current owner and it can be withdrawn at any time if Kinfra took an appropriate decision.
Recently, Buds authority attached the land and building after its owners, K Nirmalan and Sreejith, were involved in Nirmal Krishna deposit fraud. Since the property was owned by the woman as per the available records, Buds authority revoked the attachments and sought the district collector's help in recovering the lease premium which the accused paid to Kinfra. Home department order also directed Kinfra to remit the lease premium to Buds authority.
However, Kinfra hasn't yet decided either on transferring the land to Umesh, or on remitting the lease premium paid by the accused.
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