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Bombay High Court Hears Writ Petition Against Order of Debt Recovery Appellate Tribunal in Recovery Proceedings. The Case Involves Settlement and Auction of Property of Bradbury Mills Ltd., a Company in Liquidation, with Multiple Creditors and Guarantors.

The writ petition was filed by Everest Fincap Pvt. Ltd. challenging an order of the Debt Recovery Appellate Tribunal (DRAT) dated 22 August 2008, whic...

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Bombay High Court Partly Allows Appeal by Acquiring Body, Reduces Compensation in Land Acquisition Case. Reference Court's Enhancement from Rs.102 to Rs.1000 per sq m Set Aside; Compensation Fixed at Rs.200 per sq m Based on Comparable Sales and Development Deduction.

The case involves an appeal by the Cuncolim Municipal Council against the judgment and award of the Reference Court in Land Acquisition Case No.27/201...

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High Court Examines Whether Minister Can Drop Land Acquisition After Award and Dismissal of Landowner’s Challenge. Matter Concerns Section 48 of Land Acquisition Act, 1894 and Power of Acquiring Authority to Object.

The petitioner, City & Industrial Development Corporation (CIDCO), acting as the New Town's Development Authority under the Maharashtra Regional & Tow...

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Bombay High Court Partly Allows MIDC Appeal in Land Acquisition Compensation Case — Reduces Enhanced Rate from Rs.1,25,000 to Rs.1,00,000 per Hectare. Court Relies on Comparable Sale Instances and Potential Value of Land Under Maharashtra Industrial Development Act.

The case involves an appeal by the Maharashtra Industrial Development Corporation (MIDC) against the enhancement of land acquisition compensation awar...