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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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Bombay High Court Dismisses Appeals by Acquiring Body Against Enhanced Compensation in Land Acquisition Cases. Market Value Fixed at Rs.40,000 per Hectare Based on Sale Instances and Potential for Development.

The Agricultural Produce Market Committee, Jalna, filed two appeals against judgments and awards dated 30.12.1991 passed by the Joint Civil Judge, Sen...

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Bombay High Court Sanctions Scheme of Arrangement for Cairn India Limited with Foreign Subsidiaries Under Sections 391 and 394 of the Companies Act, 1956. The court approved the transfer of Indian undertakings from four foreign subsidiaries to the Indian listed company to simplify corporate structure.

The petitioner, Cairn India Limited, a company incorporated under the Companies Act, 1956 and listed on Indian stock exchanges, filed a petition under...

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Bombay High Court Dismisses Petitions Challenging AAIFR Order Rejecting Revival Scheme for Sick Company Under SICA. The court held that the AAIFR's findings on non-compliance and lack of feasibility were based on evidence and not perverse, thus no interference under Article 226 was warranted.

This group of writ petitions challenges a common order dated 28/5/2010 passed by the Appellate Authority for Industrial and Financial Reconstruction (...

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Bombay High Court Allows Writ Petition Against CIDCO's Refusal to Grant NOC for Additional FSI for IT/ITES Development. Government Order dated 31st August 2009 enabling additional FSI for IT/ITES use is binding on CIDCO as a planning authority.

The petitioner, M/s. Shakti Commercial Premises Society Ltd., a cooperative society registered under the Maharashtra Coop. Societies Act, 1960, filed ...