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SC refuses status quo on Dharavi redevelopment
Financial Express Bengaluru
|March 08, 2025
Clearing The Decks
THE SUPREME COURT on Friday refused to order a status quo on the Dharavi redevelopment project in Mumbai.
A bench of Chief Justice Sanjiv Khanna and Justice Sanjay Kumar sought responses from the Maharashtra government and Adani Properties, which was awarded the tender for the project, on a petition challenging a December 20, 2024 verdict of the Bombay High Court.
The high court had cleared the decks for redevelopment of the slums in Dharavi and upheld the tender awarded to the Adani Group for the project, ruling there was no "arbitrariness, unreasonableness or perversity" in the decision.
The court, in the process, dismissed the plea of UAE-based Seclink Technologies Corporation challenging the state government's decision to award the mega redevelopment project to Adani Properties, which had made a ₹5,069-crore offer.
Dit verhaal komt uit de March 08, 2025-editie van Financial Express Bengaluru.
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