Setback to MMRDA: HC quashes ‘illegal’ penalty notices over BKC lands
Indian Express·2h ago·Positivity
What Happened
Bombay High Court quashed penalty notices issued by Mumbai Metropolitan Region Development Authority between 2014 and 2019, calling them arbitrary and illegal. The court ordered refunds totaling over Rs 700 crore to four entities, including Rs 646.77 crore to Reliance Industries Ltd. MMRDA must complete refunds within 90 days. The penalties involved lease premiums for additional built-up area in Bandra-Kurla Complex lands.
Key Entities
Bombay High CourtMumbai Metropolitan Region Development AuthorityReliance Industries LtdBandra-Kurla ComplexSunteck Realty LimitedIndian Newspaper SocietyChief Justice Shree ChandrashekharJustice Suman Shyam