Supreme Court · 2019 INSC 1257 · Decided 15 November 2019

Municipal Corporation of Greater Mumbai (Mcgm) v. Abhilash Lal & ORS.

Court
Supreme Court of India
Citation
2019 INSC 1257 · [2019] 14 S.C.R. 659
Case number
CIVIL APPEAL No. 6350/2019
Decided
15 November 2019
Bench
ARUN MISHRA, VINEET SARAN, S. RAVINDRA BHAT (3-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
IBC Section 238

Headnote

Mumbai Municipal Corporation Act, 1888 - ss.92 and 92A - Appellant owns inter alia, the lands in question - By contract dated 20.12.2005, one 'SHCL' agreed to develop these lands (to be leased to it) and construct 1500 bed hospital - Construction was to be monsoons) which ended on 24.04.2013 - Lease deed was to be executed after the completion of the project - Project not completed within the period - 'SHCL' had to pay lease rent at the annual rate of ` 10,41,04,000/- -Appellant alleged defaults in the

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