Century Mill land dispute: SC sets aside 2022 Bombay HC verdict against BMC

Quick Summary:

In a significant judgment, the Supreme Court has overturned a verdict directing the Brihanmumbai Municipal Corporation (BMC) to transfer the title of five acres land in Worli, Mumbai, to Century Textiles and Industries Ltd, now known as Aditya Birla Real Estate Limited.

In response to the verdict, a company statement read, "Aditya Birla Real Estate Limited (formerly known as Century Textiles and Industries Limited) is seeking legal advice to take necessary next steps in the matter.

A bench comprising Justices Vikram Nath and Prasanna B Varale passed the judgment on January 7 while ruling in favour of the BMC and dismissing the plea of Century Textiles.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Aditya Birla Group Mumbai Century Mill Century Textiles

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 13:40:24 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 794 words

Reading Time: 5 minutes read

Sentences: 22 lines

Sentence Length: 37 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24994729

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