Sumathi Healthcare Private Limited v. Maharashtra Industrail Development Corporation Limited
Case brief
What is this about?
Withdrawal of writ petition; MIDC possession of Plot No. D-4 TTC Industrial Area Navi Mumbai restored; extension of time limit of 2 years for obtaining BCC/OC; minimum 40% FSI condition; Bank Guarantee No. 00900100003425 dated 29/3/2025 Axis Bank Rs.2,52,30,000/- security deposit; renewal till dropping of Audit Para; Sumathi Healthcare Pvt. Ltd. v. MIDC; Bombay High Court Division Bench G.S. Kulkarni & Advait M. Sethna JJ.; disposed of with no costs; 8 April 2025.
What did the court decide?
Writ Petition No. 13538 of 2024 permitted to be withdrawn and disposed of with no costs. Restoration of possession of Plot No. D-4 and the two-year extension for obtaining BCC/OC operate through MIDC's letter dated 1 April 2025, subject to its conditions (withdrawal of the petition, minimum 40% FSI construction with BCC/OC within 2 years, and renewal of the bank guarantee till dropping of the Audit Para).