Radhakishan Bhaurao Shidilambe and Ors. v. the City and Industrial Development Corporation of Mah Aurangabad
Case brief
What is this about?
Withdrawal of balance 25% of deposited amount by land-acquisition claimants; acquiring body CIDCO (City And Industrial Development Corporation of Maharashtra, Aurangabad) objected to further disbursement; earlier withdrawals of 50% on undertaking and 25% on bank guarantee vide order dated 01.02.2010, later substituted by solvency; release of remaining 25% with accrued interest on furnishing solvency granted due to financial constraints and wedding in family; First Appeal No. 545 of 2010; Civil Application No. 1752 of 2025; High Court of Judicature at Bombay, Aurangabad Bench; Shailesh P. Brahme, J.; decided 02nd April 2025; neutral citation 2025:BHC-AUG:9715.
What did the court decide?
Permission to the applicants to withdraw the remaining 25% of the deposited amount with accrued interest, on furnishing solvency. ¶21