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Bombay High Court Dismisses Petitions Challenging SARFAESI Act Applicability to Cooperative Banks and Arbitration Awards. Multi-State Cooperative Bank held to be a 'bank' under SARFAESI Act, and arbitration under Multi-State Cooperative Societies Act does not bar subsequent SARFAESI proceedings.

The judgment concerns three writ petitions filed by borrowers challenging actions taken by Abhyudaya Co-operative Bank Ltd. and Piramal Capital and Ho...

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Bombay High Court Allows Writ Petition Declaring Reservation Lapsed Under MRTP Act for Failure to Acquire Land Within 12 Months of Purchase Notice. Land Reserved for Parking Released as Authorities Took No Steps After Purchase Notice Under Section 127 of Maharashtra Regional and Town Planning Act, 1966.

The petitioners, owners of land bearing CTS No. 352 & 352A, Final Plot No. 131/1, 131/2 in Nashik, filed a writ petition under Article 226 of the Cons...

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Bombay High Court Upholds Appointment of Court Receiver in Redevelopment Dispute Between Society, Developer, and Occupants. Court Directs Handover of Possession Subject to Payment of Compensation Under Development Agreement.

The appeal arose from a judgment of a learned Single Judge appointing the Court Receiver as Receiver of two flats occupied by the appellants and direc...

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Bombay High Court Partly Allows State Appeal in Land Acquisition Case, Reduces Compensation from Rs.6,00,000 to Rs.1,50,000 per Hectare. Amendment of Claim Allowed but Compensation Based on Comparable Sale Deed of Similar Agricultural Land.

The case pertains to the acquisition of 5 Hectares of agricultural land belonging to the claimant, Namdeo s/o Champat Kshirsagar, situated on the outs...

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High Court of Bombay at Nagpur Dismisses Claimant's Appeal for Enhanced Compensation and Partly Allows State's Appeal in Land Acquisition Case — Market Value Determined at Rs. 100 per sq.ft Based on Comparable Sale Instances.

The case involves two appeals arising from a land acquisition matter. The land, measuring 1.21 HR (1,29,345 sq.ft) out of Survey No. 118/3 at Digras, ...

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Bombay High Court Upholds Land Compensation Enhancement in Acquisition for Rehabilitation. Market value fixed at Rs. 67,500 per hectare based on sale instances and land suitability under Land Acquisition Act, 1894.

The case involves two appeals arising from a judgment and award dated 30.11.1996 passed by the Civil Judge, Senior Division, Amravati in L.A.C. No.92/...

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Bombay High Court Dismisses Landlord's Challenge to Cancellation of NOC for Redevelopment Due to Misrepresentation of Tenant Status. Landlord's Failure to Disclose Correct Residential Status of Tenants Renders Permission Void Ab Initio Under DCR 33(7) and MHADA Act.

The petitioners, Dahyabhai Papers & Boards Pvt. Ltd. and another, owned a dilapidated cessed building in Mumbai. They applied for redevelopment under ...