https://www.taxtmi.com/caselaws?id=469639 Termination of a slum rehabilitation developer for failure to clear transit rent arrears and complete the project on time was examined against the claimed overriding effect of Section 31 of the IBC over Section 13(2) of the Slum Act. The Bombay High Court held that the challenge to removal substantially failed, while granting a final, limited opportunity to place a workable proposal before the Authority before induction of a new developer. The Supreme Court dismissed the Special Leave Petitions, finding no ground for interference under Article 136, and disposed of the pending applications. en-us Mon, 07 Apr 2025 00:00:00 +0530 Thu, 25 Jun 2026 18:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469639 Termination of a slum rehabilitation developer for failure to clear transit rent arrears and complete the project on time was examined against the claimed overriding effect of Section 31 of the IBC over Section 13(2) of the Slum Act. The Bombay High Court held that the challenge to removal substantially failed, while granting a final, limited opportunity to place a workable proposal before the Authority before induction of a new developer. The Supreme Court dismissed the Special Leave Petitions, finding no ground for interference under Article 136, and disposed of the pending applications. Case-Laws IBC Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469639