Bombay High Court Upholds Arbitral Award in Municipal Corporation Dispute Over Development Rights. Court holds that Transferable Development Rights (TDR) are not 'goods' under the Sale of Goods Act, 1930, and that the Corporation's failure to issue TDR within a reasonable time constitutes breach of contract.
19 Jan 2017The case involves two appeals arising from an arbitration petition concerning a development agreement between the Municipal Corporation of Greater Mum...




