# NATIONAL ASSET RECONSTRUCTION COMPANY LIMITED vs MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY

Court: Bombay High Court
Date: 2026-02-24
Citation: IA/3495/2025
Petitioner: NATIONAL ASSET RECONSTRUCTION COMPANY LIMITED
Respondent: MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY

[Official PDF on Bombay High Court website](https://bombayhighcourt.gov.in/bhc/file/download/eyJpdiI6IkZ1bC9KaFdJcm9CVUhudmlnMFA0N3c9PSIsInZhbHVlIjoiZkY1UGZZa1dhMThWS0NJdDRQUVpOOEJmNjBYWUw1ejRyUXNEck5FbkpRak8xZElPRXN6b2dTQzVqd082UVlYcnoxREx1WjFOaTZyT0lDdEl3eUxKNkE9PSIsIm1hYyI6ImIzOTY5MjMyZmQ0MDU3ZWQ0OTk2NmMxMjE1ZWJjN2NkNGQ1YmZlMWM0MjU2MzcxNzRmODMwNjk5MGZkNDhhYWIiLCJ0YWciOiIifQ==?expires=1782766013&signature=a88c0a510938f0c00c52e7378184a454b2b974933aacbb2cad5474ea65cf51ec)

## Judgment text (excerpt)

Neeta Sawant CARBP-427 OF 2024 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMMERCIAL ARBITRATION PETITION NO. 427 OF 2024 Mumbai Metropolitan Region Development Authority …..PETITIONER : VERSUS : Mumbai Metro One Private Limited ….RESPONDENT WITH INTERIM APPLICATION NO. 3495 OF 2025 National Asset Reconstruction Company Limited ...APPLICANT/INTERVENOR IN THE MATTER BETWEEN: Mumbai Metropolitan Region Development Authority …..PETITIONER : VERSUS : Mumbai Metro One Private Limited ….RESPONDENT Mr. J.P. Sen, Senior Advocate with Mr. Kunal Vaishnav, Ms. Prachi Garg, Ms. Prerna Verma & Ms. Sayalee Dolas i/b DSK Legal, for the Petitioner. Mr. J.J. Bhatt, Senior Advocate with Ms. Anjali Chandurkar, Mr. Dhishan Kukreja, Mr. D.J. Kakalia, Ms. Bhavna Singh Jaipuria, Mr. Paresh Patkar, Mr. Ayaan Zariwalla & Ms. Bhakti Chandan i/b Mulla & Mulla & CBC, for Respondent. Ms. Gathi Prakash with Ms. Nidhi Asher & Ms. Vidushi Trivedi i/b Cyril Amarchand Mangaldas, for Applicant in 1A/3495/2025. ____________________________________________________________________________ PAGE NO. 1 of 163 24 FEBRUARY 2026 Neeta Sawant CARBP-427 OF 2024 CORAM : SANDEEP V. MARNE, J. R

https://niyam.ai/judgements/high-court/2026/february/national-asset-reconstruction-company-limited-vs-mumbai-metropolitan-region-development-authority