Single-judge Justice Bharati Dangre passed the order after government authorised UTI Infrastructure Technology and Services Limited (UTIITSL) filed a copyright infringement suit.
The Bombay High Court recently condoned a nearly 40-year delay by certain litigants in approaching the court seeking compensation for the acquisition of their land, which was taken over by the MSEDCL in April 1984.
The Court held that the earlier acquisition proceedings arising from the 1894 Land Acquisition Act, which led to an award in 2015, had lapsed for non-compliance with statutory procedure.
The Court held that such a process under the MSMED Act could only be carried out on an application by an MSME. It rejected an argument by MSMEs that banks/NBFCs should mandatorily first adopt such restructuring measures.
A division bench of Justices GS Kulkarni and Firdosh Pooniwalla sought the response of Speaker Rahul Narwekar and fourteen Thackeray faction MLAs and posted the case for further consideration on February 8.