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WBIDC’s demand for transfer fee for leasehold lands acquired via resolution process justified

Case Law Details

Case Name
S.S. Natural Resources Pvt Ltd and Anr Vs West Bengal Industrial Development Corporation Limited and Anr (Calcutta High Court)
Date of Judgement/Order
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S.S. Natural Resources Pvt Ltd and Anr Vs West Bengal Industrial Development Corporation Limited and Anr (Calcutta High Court) Calcutta High Court held that West Bengal Industrial Development Corporation’s [WBIDC] demand for transfer fee in relation to leasehold lands acquired via resolution process. Accordingly, the present appeal is dismissed. Facts- The present appellants were the writ petitioners in the writ proceeding. The writ petition was filed challenging the demand for transfer fee raised by the West Bengal Industrial Development Corporation Limited vide notice dated 26.04.2022 and...
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