Supreme Court of India · 2019-11-06
CITY AND INDUSTRIAL DEVELOPMENT CORPORATION OF MAHARASHTRA LIMITED vs LAMBDA THERAPEUTIC RESEARCH LIMITED
- Citation / case number
- SC 2018/47170
- Court
- Supreme Court of India
- Petitioner
- CITY AND INDUSTRIAL DEVELOPMENT CORPORATION OF MAHARASHTRA LIMITED
- Respondent
- LAMBDA THERAPEUTIC RESEARCH LIMITED
- Author
- HON'BLE MR. JUSTICE A.S. BOPANNA
- Bench
- HON'BLE MRS. JUSTICE R. BANUMATHI, HON'BLE MR. JUSTICE A.S. BOPANNA, HON'BLE MR. JUSTICE HRISHIKESH ROY
Judgment text excerpt
The Supreme Court upheld the High Court's decision to quash the demand for additional lease premium made by CIDCO under the New Bombay Disposal of Land Regulations, 1975, stating that the respondents had completed construction within the stipulated time frame. The Court emphasized that the issuance of a 'No dues Certificate' is essential for obtaining an Occupation Certificate, and that the demand for additional payment was unjustified given the completion of construction. Consequently, the appeal by CIDCO was dismissed, affirming the High Court's order.