MUNICIPAL CORP.OF GREATER MUMBAI vs BHARAT CONSTRUCTION .

The Supreme Court allowed the appeal, setting aside the Division Bench's order dated July 19, 2007, which had dismissed the Corporation's appeal based on an earlier decision in Municipal Corporation of Greater Bombay v. Atul Raj Builders Pvt. Ltd. The Court found that the earlier decision was not applicable to the present case, as the circumstances differed significantly regarding the foreclosure of the contract. The matter was remanded for re-examination by the Division Bench, with directions for expedited hearing and maintenance of the existing bank guarantee until the appeal's resolution.