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Reservation Lapses Under Section 127 MRTP Act When Authority Fails to Acquire Land Within Statutory Period: Bombay High Court

The Bombay High Court held that reservation of land under the Development Plan lapses under Section 127 of the MRTP Act if the Planning Authority fail...

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Supreme Court Quashes Municipal Corporation's Mandamus for Land Acquisition Due to Lapsed Reservation and Financial Incapacity. Reservation under Development Plan Lapsed Under Section 127 of MRTP Act, 1966, and Acquisition Not Mandated as Corporation Lacked Funds Under RFCTLARR Act, 2013.

The dispute involved a land reservation under the Kolhapur development plan sanctioned in 1999 for public purposes like parking and garden. The landow...

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Supreme Court Upholds Division Bench Judgment on Interpretation of Section 24 Proviso in Land Acquisition Act. The proviso to Section 24 of the 2013 Act governs Section 24(2), not Section 24(1)(b), as held in Delhi Metro Rail Corporation v. Tarun Pal Singh.

The Supreme Court dismissed the appeals challenging the Division Bench judgment in Delhi Metro Rail Corporation v. Tarun Pal Singh, which held that th...

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Bombay High Court Dismisses Petition Challenging Modvat Credit Lapse Provisions in Finance Act, 1999. Retrospective Validation of Rules Causing Lapse of Accumulated Credit Upheld as Within Legislative Competence and Not Violative of Fundamental Rights.

The petitioner, Coral Cosmetics Limited, a company incorporated under the Companies Act, 1956 and registered as a Small Scale Industry, was engaged in...