KALINDI PROPERTIES PVT. LTD. vs MAHARASHTRA INDUSTRIAL DEVELOPMENT CORPORATION AND ORS.

Judgment text excerpt

RAMESHWAR LAXMAN DILWALE Digitally signed by RAMESHWAR LAXMAN DILWALE Date: 2025.05.26 18:38:41 +0530 3-WP-1930-11 GROUP judgment-.doc Rameshwar Dilwale IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.1930 OF 2011 Maharashtra Industrial Development } Corporation, a statutory Corporation } Constituted under the Maharashtra } Industrial Development Corporation } Act, 1961. Head quarter at Andheri, } Mumbai-400 093, and having its office } at MIDC, Office Complex Building 1st } Floor, Near Wagale Estate Octroi Naka, } Thane-400 604. }..Petitioner Versus 1. Union Bank of India, } a banking corporation constituted } under the provisions of the Banking } Companies (Acquisition and } Transfer for Undertaking) Act, 1970 } and having its Head Office at 239 } Vidhan Bhavan Marg, Backbay } Reclamation, Mumbai-400 020 and } a branch amongst others at 66/80 } Mumbai Samachar Marg, Mumbai } 400 023 through authorised officer } Shri Hari Krishnan K, Senior Manager. } 2. M/s. Benelon Industries, } a partnership firm under the Indian } Partnership Act, 1932 and having its } office at 109 Sir Vithaldas Chambers, } Appollo Street, Mumbai-400 023 } and having its factory at D/9, 21st } Road, Marol Industrial Estate Area, } Andheri-400 093, through any } authorized officer/partner. } 3. Phiroz Horumsjee Patel residing at } Flat No.214, 12th Road, Jolly Maker } Apartments No.3, Cuffe Parasde, } Colaba, Mumbai-400 005 } 1/29 3-WP-1930-11 GROUP judgment-.doc Rameshwar Dilwale 4. Income Tax Recovery Officer, } Range -12 (1), Room No.117, } Aaykar Bhavan, Mumbai-400 020. } 5. Kalindi Properties Private } Limited, a company having its office } at 41 Dashashrimali Nagar, } Narsingh Lane, Malad-West-Mumbai } 400 064. }..Respondents WITH CIVIL APPLICATION NO.2