ACME HOUSING INDIA PVT LTD AND ANR vs STATE OF MAHARASHTRA AND ORS

904-J-WP-2612-2021.odt rajshree IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.2612 OF 2021 Acme Housing India Pvt. Ltd. & Anr. ....Petitioners V/S State of Maharashtra & Ors. ....Respondents Dr.Birendra Saraf, Senior Advocate a/w Bhushan Deshmukh, Jasmine Kachalia, Viren Mandhle and Sahil Singh i/b Wadia Ghandy & Co. for the Petitioners. Mr.Ashutosh Kulkarni, Special Counsel a/w Karan Thorat, B Panel Counsel a/w V.G. Badgujar, AGP and Sarthak Diwan for the State-Respondent Nos.1, 4 and 5. Mr.Vedant Bende h/f Mandar Limaye for Respondent Nos.2 and 3- TMC. CORAM : BHARATI DANGRE & MANJUSHA DESHPANDE, JJ RESERVED ON : 4th FEBRUARY 2026 PRONOUNCED ON : 12th FEBRUARY, 2026 JUDGMENT (PER BHARATI DANGRE, J) : 1 Petitioner No.1, a company registered under the Companies Act, 2013, interalia engaged in the business of development of real estate in and around the State of Maharashtra, claiming to be the owner of immovable property in form of piece of land bearing Gut No.61/1 admeasuring 46,400 sq. mtr. and Gut No.61/2 admeasuring 8100 sq. mtrs. aggregating to 54,500 sq. 32. Of course, in that case original section 8(4) order was set aside by the Appel