Disposed

Shakti Pyramid Ventures v. City and Industrial Development Corporation of Maharashtra Ltd. and Ors.

Bombay HC11 Jun 2021WP/3556/2020

Case brief

AI extract

What is this about?

Upon verifying that the petitioner complied with the delayed payment charges and subsequent government waiver of such charges resulting in a refund entitlement, this Court disposed of the writ petition by directing the Registrar (Judicial) to return the deposit amount with interest.

What did the court decide?

Director to return Rs.1,16,52,061.31 deposited with the Registrar (Judicial) together with accrued interest to the petitioner upon approach.

Shakti Pyramid Ventures Vs City and Industrial… — Writ and Judicial Review | Bombay HC (2021)

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12-WP.3556.2020

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION

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WRIT PETITION NO. 3556 OF 2020

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Shakti Pyramid Ventures Versus	} Petitioner
City and Industrial	}
Development Corporation	}
of Maharashtra Limited	}
and Ors.	} Respondents

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Ms.Ritika Agarwal with Mr.Rajshree Mukherjee for the petitioner.

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Mr.A.M.Kulkarni with Mr.Sarthak Diwan for respondent no.1.

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CORAM :- DIPANKAR DATTA, CJ & G. S. KULKARNI, J.

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DATE :- JUNE 11, 2021

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PC :-

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1. Ms.Agarwal, learned advocate for the petitioner submits that in view of certain subsequent developments, the grievance raised by the petitioner does not survive for adjudication. Inviting our attention to the order dated 25^th September 2020, she submits that the petitioner had deposited Rs.96,43,246.33 with the respondent City and Industrial Development Corporation (CIDCO) towards delayed payment charges for the period of lockdown from 25^th March 2020 to 24^th December 2020 and that the other part of the order requiring deposit of Rs.1,16,52,061.31 was also complied with by making the requisite deposit with the

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J.V.Salunke,PS

12-WP.3556.2020

Registrar (Judicial) of this Court. The respondent CIDCO, by letter dated 19^th May 2021 has not only acknowledged the aforesaid payment, but has also intimated the petitioner that as per the approval dated 12^th March 2021, the Government of Maharashtra has waived the delayed payment charges in the present case with the result that the petitioner is now entitled to return of Rs.1,16,52,061.31 deposited with the Registrar (Judicial) together with interest as accrued.

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2. Mr.Kulkarni, learned advocate for the respondent CIDCO agrees with the submission of the learned advocate for the petitioner.

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3. In view of the above, this writ petition stands disposed of with a direction upon the Registrar (Judicial) to return the said amount of Rs.1,16,52,061.31 together with accrued interest, if any, to the petitioner upon an approach being made in this behalf together with a copy of this order. There shall be no order as to costs.

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(G. S. KULKARNI, J.) (CHIEF JUSTICE)

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Page 2 of 2

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J.V.Salunke,PS

Shakti Pyramid Ventures v. City and Industrial Development Corporation of Maharashtra Ltd. and Ors.

Case brief

What is this about?

What did the court decide?

Shakti Pyramid Ventures v. City and Industrial Development Corporation of Maharashtra Ltd. and Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

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