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City firm to get 375 acres 63 years after purchase
Hindustan Times Navi Mumbai
|April 27, 2025
The Bombay High Court recently directed its court receiver to execute conveyances of 375 acres of land in Dahisar to Veekaylal Investment Company within six weeks.
MUMBAI: The company's owners purchased the land in an auction sale in March 1962.
A single-judge bench of justice Manish Pitale on Wednesday passed the order on a plea filed by Veekaylal Investment Company in 2022, complaining that the court receiver had not executed conveyances of 372 acres out of the 644 acres the company's predecessor purchased in March 1962. Conveyance deeds are documents necessary to get the immovable property transferred to the new owner.
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