labels: Economy - general, Industry - general
SC refuses to stay land acquisition for RIL's Mumbai SEZ news
05 June 2009

The Supreme Court today dismissed a petition filed by the Mukesh Ambani-led Reliance Group seeking a stay on the land acquisition process for its special economic zone in Raigarh, near Mumbai.

RIL had sought a stay on the order of the Bombay High Court that earlier refused to restrain the Maharashtra government from acquiring land for RILs' Mumbai SEZ.

A bench headed by Justice B Sudarshan Reddy dismissed the plea by Mumbai Special Economic Zone challenging the Bombay High Court interim order that refused to stay the process of land acquisition.

Senior counsel Shanti Bhushan, appearing for the MSEZ, sought a stay on the land acquisition proceedings initiated by notifications under sections 4 and 6 on the grounds that if the acquisition is not completed by 8 June, the entire process would lapse under the Land Acquisition Act, 1894.

A stay would have made the deadline redundant.

The Supreme Court, meanwhile, issued notice to the Maharashtra government on another plea by MSEZ seeking transfer of its petition pending before the Bombay High Court.

The Bombay High Court, on 22 May, had asked the MSEZ to move the supreme court for expediting land acquisition as various public interest petitions pertaining to the issue were pending before the apex court.

The government, meanwhile, approved 10 new special economic zones and allowed one-year extension to four projects, including that of Reliance  Industries' Rewas Ports for land acquisition.

The Board of Approval (BoA) in the commerce ministry gave formal approvals to eight proposals, including those of Gulf Oil Corporation, Emmar MGF and Larsen and Toubro. Two other proposals were also given 'in-principle' approvals.

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SC refuses to stay land acquisition for RIL's Mumbai SEZ