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Bombay High Court Holds Shantistar Builders Judgment Applies Prospectively, Denies Builder’s Request to Limit Government’s Tenement Share from 30% to 5%, Observing “Prospective Interpretation of Law is Consistent with Judicial Discipline and Fairness” Under Urban Land Ceiling Scheme
Court’s Decision The Bombay High Court Full Bench concluded that the law laid down by the Supreme Court in Shantistar Builders capping government nominee allotments at 5% under the Urban…