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Supreme Court Partially Allows Appeal in Recovery Suit Against Sick Industrial Company — Suspension of Proceedings Under Section 22(1) of SICA Does Not Bar Suit for Unadmitted Debt. High Court's Grant of 24% Compound Interest Reduced to 12% Simple Interest.

The case involves a dispute between Fertilizer Corporation of India Ltd. (FCIL), a public sector undertaking, and M/s Coromandal Sacks Private Limited...

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Bombay High Court Quashes Slum Land Acquisition Notification for Non-Compliance with Section 14(1) of Maharashtra Slum Act. Land Owner's Property Acquired Without Proper Application by SRA and Without Opportunity of Hearing.

The petitioner, Deena Pramod Baldota, is the owner of land bearing CTS No.355 (part) and other sub-numbers admeasuring about 5115.2 sq. meters situate...

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Supreme Court Upholds Slum Rehabilitation Authority's Declaration and Clearance Orders for Entire Area Including Undeclared Land. Prior Notification Under Section 4 of Maharashtra Slums Areas Act Not Required Before Proceedings Under Chapter I-A.

The Supreme Court dismissed the appeal filed by the occupants (appellants) challenging the declaration of 5168.50 sq. mts. in Survey Nos. 27 and 28 at...

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Bombay High Court Upholds Constitutional Validity of Sections 14 and 17 of Maharashtra Slum Act in Land Acquisition Challenge. Challenge to Acquisition Under Section 14 and Award Under Section 17 Rejected as Provisions Held Intra Vires Constitution.

The petitioners, Nenshi Monji (Bombay), a Family Trust and Others, filed a writ petition under Article 226 of the Constitution challenging the acquisi...

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Bombay High Court Dismisses Suit for Specific Performance of Slum Development Agreement Due to Lack of Jurisdiction Under Section 42 of Maharashtra Slum Areas Act. Civil Court Cannot Entertain Disputes Relating to Slum Rehabilitation Schemes as Exclusive Jurisdiction Vests with Slum Authorities.

The plaintiff, Lokhandwala Infrastructure Pvt. Ltd., filed a suit for specific performance of a development agreement dated 10 August 2003, entered in...

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Bombay High Court Dismisses Developer's Challenge to SRA Order in Slum Rehabilitation Scheme. CEO's Direction to Process Letter of Intent Upheld as 70% Consent of Eligible Members Was Validly Obtained Under DCR 33(10).

The case involves a slum rehabilitation scheme under DCR 33(10) of the Development Control Regulations for Greater Mumbai. The petitioners, Lokhandwal...

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Bombay High Court Dismisses Petition by Slum Dwellers Challenging Slum Rehabilitation Project — Project Approved Under Maharashtra Slum Areas Act for Rehabilitation of 132 Slum Dwellers.

The petition was filed by Amba Chawl Wadi Rahiwasi Seva Sangh, a registered society representing residents on a plot owned by the Municipal Corporatio...