https://www.taxtmi.com/caselaws?id=47114 The Court held that the Bombay Port Trust (BPT) must act in accordance with constitutional principles, balancing revenue needs with fairness towards lessees. Cross-objections by BPT were deemed impermissible, having already accepted the High Court's judgment. Individual lessees with genuine grievances were allowed to file representations for adjudication by a retired judge. The Court modified compromise proposals, setting return rates and interest caps, directing lease deed execution. The judgment emphasized fairness, public good, and constitutional adherence by state instrumentalities like BPT, aiming for a just resolution of the dispute. en-us Tue, 13 Jan 2004 00:00:00 +0530 Thu, 16 Apr 2020 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47114 The Court held that the Bombay Port Trust (BPT) must act in accordance with constitutional principles, balancing revenue needs with fairness towards lessees. Cross-objections by BPT were deemed impermissible, having already accepted the High Court's judgment. Individual lessees with genuine grievances were allowed to file representations for adjudication by a retired judge. The Court modified compromise proposals, setting return rates and interest caps, directing lease deed execution. The judgment emphasized fairness, public good, and constitutional adherence by state instrumentalities like BPT, aiming for a just resolution of the dispute. Case-Laws Indian Laws Tue, 13 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47114