The National Green Tribunal today junked the AOL – Art of Living's plea seeking its nod to accept the environment compensation, slapped for damaging Yamuna's biodiversity, as bank guarantee instead of payment of balance amount of 4.75 crore rupees. The green panel also slapped a fine of 5,000 rupees on Sri Sri Ravi Shankar's AOL for filing such application which lacks bonafide and directed it to pay the remainder amount in one week.<br/><br/>A bench headed by NGT Chairperson Justice Swatanter Kumar rapped the AOL foundation for not depositing the amount despite assurance granted to the tribunal.<br/>The green panel on March 9 had refused to prohibit the three-days 'World Culture Festival', held by AOL between March 11 and 13, but slapped a fine of Rs 5 crore on the foundation for damaging biodiversity and aquatic life of Yamuna.<br/><br/>Later, on March 11, AOL moved a plea seeking four weeks time for depositing the amount after which the tribunal allowed the foundation to deposit Rs 25 lakh on that day and granted three weeks time period to pay the balance amount.<br/><br/>AOL had also sought to submit a proposal for laying down methodology for collection of scientific data regarding assessment of actual environmental damage and requested the tribunal to grant 45 days for the same.