HC seeks response on illegal Tivim land grant to MIT Group
The High Court of Bombay at Goa has called for replies from the Maharashtra Academy of Engineering and Educational Research's MIT Group of Institutions, Pune, and the state govt in a petition challenging the 'illegal' allotment of 2 lakh sqm of Tivim comunidade land to the institute at just Rs 12.5 per sqm.
Eight gauncars of the comunidade of Tivim moved the HC challenging govt's approval of the land grant without auction and alleging fraudulent allotment of the land to the institute.
They submitted that the managing committee and the comunidade escrivao committed fraud and forgery to secure govt approval for a permanent lease of the comunidade land without auction.
'The rate of Rs 12.50 per sqm for which the grant was made was neither requested by the institute, nor notified in the agenda, manipulated in the record, and much lower than the market rate of Rs 10,000 per sqm on the date of grant approval,' the petitioners, represented by senior counsel Carlos Alvares Ferreira, submitted to the HC.
Petitioners said the investment promotion board stated that the institute is a multi-billion educational enterprise and is planning to invest Rs 256 crore in the project. It is expected that students will be charged hefty fees in lakhs of rupees per year, and OCI/NRI/foreign students who would pay in foreign exchange, the petitioners said.
'There is no justification why the land of any comunidade should be frittered away to the detriment of the comunidade to such rich barons/entities,' the petitioners stated.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Memperdagangkan CFD Emas dengan salah satu spread terendah?
IC Markets
Mendaftar
Undo
Petitioners also told the court that the fraudulent act by the committee and escrivao deprived the comunidade of higher revenue and gauncars of greater dividends.
They are seeking to set aside the direction of govt, which accorded approval for the grant of the plot without auction, and quash the Tivim comunidade's resolution granting a long-term lease to the institute.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
28 minutes ago
- Time of India
Greater Noida to Faridabad in just 30 minutes? UP govt reveals plan to cut travel time
Live Events Progress on the project (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Uttar Pradesh government has cleared the development of a second link road connecting Greater Noida and Faridabad via the Manjhawali bridge over the Yamuna, aiming to slash travel time between the two cities to just 30 with only 50% of the 23-km stretch of the Faridabad-Noida-Ghaziabad (FNG) Expressway in Noida complete, commuters are forced to take a longer route through traffic-heavy areas of Delhi and Noida — a journey that can take up to two new four-lane corridor, branching off from the Yamuna Expressway and the Eastern Peripheral Expressway, is set to become a vital link, especially for travellers from Haryana once flights begin from the upcoming Noida airport. It is also expected to ease congestion on the Kalindi Kunj flyover and Noida Expressway — both key connectors between Haryana, Delhi, and chief secretary SP Goyal approved Rs 65.5 crore for the Faridabad-Greater Noida Integrated Circuit during a high-level meeting on Monday to review the progress of key infrastructure projects under the public works department (PWD).Under the project, UP will construct a 1.7-km stretch from Atta Gujran up to the Haryana border, where the road will connect with an existing road, the Manjhawali bridge and Jasana in Faridabad. A 3km stretch will also be widened under the the project was first proposed in 2014, it has been plagued by repeated of the 630-metre-long Manjhawali bridge alone took over four years to commence and missed six deadlines before finally becoming operational in December despite being open, the bridge has remained largely underutilised due to the lack of a connecting road on the Uttar Pradesh side — held up by funding issues and land acquisition contrast, the approach road on the Haryana side is already said around seven hectares of land need to be acquired for the project. So far, land registry agreements have been signed with half of the 110 affected district administration has already received Rs 25 crore to compensate the affected farmers, and additional funds have been proposed to fast-track the acquisition construction of the long-awaited Faridabad-Noida-Ghaziabad (FNG) Expressway remains incomplete.
Time of India
28 minutes ago
- Time of India
Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles wildfires, reinsurer Swiss Re said Wednesday. Swiss Re, which serves as an insurer of insurance companies, said first half losses were up from the $123 billion in the first half of 2024. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The Zurich-based reinsurance giant estimated that of this year's first half losses, $80 billion had been insured -- almost double the 10-year average, in 2025 prices. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Neighbor Chops Down Man's Tree, Freezes When He Sees What's Inside Undo The Los Angeles blazes in January constitute the largest-ever insured wildfire loss event by far, reaching an estimated $40 billion, said Swiss Re. It said the "exceptional loss severity" of the fires was down to prolonged winds, a lack of rainfall and "some of the densest concentration of high-value single-family residential property in the US". Live Events Swiss Re said losses from wildfires had risen sharply over the past decade due to rising temperatures, more frequent droughts and changing rainfall patterns -- plus greater suburban sprawl and high-value asset concentration. "Most fire losses originate in the US and particularly in California, where expansion in hazardous regions has been high," it said. Before 2015, wildfire-related insured losses made up around one percent of all natural catastrophe claims, but now account for seven percent. - Hurricane season approaching - Insured losses from severe thunderstorms amounted to $31 billion in the first half of 2025. The second half of the year is usually more costly for insurers due to damage during the North Atlantic hurricane season. If current loss trends continue, global insured losses from natural catastrophes in 2025 could exceed the Swiss Re Institute's projections of $150 billion. "The strongest lever to increase the resilience and safety of communities is to double down on mitigation and adaptation. It's here that everyone can help reduce losses before they occur," said Swiss Re's group chief economist Jerome Haegeli. "While mitigation and adaptation measures come at a price, our research shows that, for example, flood protection measures such as dykes, dams and flood gates are up to 10 times more cost-effective than rebuilding." The March earthquake in Myanmar figured among the major natural disasters in the first six months of the year, with the tremors felt in neighbouring Thailand, India, and China. In Thailand alone, insured losses reached $1.5 billion. Overall, while natural disasters caused $135 billion in economic losses in the first half of 2025, man-made disasters -- which include industrial accidents -- caused another $8 billion in losses, of which $7 billion were insured losses.
Time of India
28 minutes ago
- Time of India
NSA Ajit Doval on Moscow mission amid Trump's antics
New Delhi: NSA Ajit Doval's Moscow trip beginning Wednesday will focus on expanding defence industry ties, including purchase of additional S-400 missile defence systems and dialogue on Su-57 fighter jets . Besides the possible purchase of additional S-400 missile systems , the talks could include setting up S-400 MRO facilities in India and exploring options for acquiring Russia's Su-57 fighter jets, ET has learnt. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The S-400 systems played a major role in Operation Sindoor in thwarting Pakistan military's aggression. Similarly, BrahMos missiles jointly developed by India and Russia rattled the Pakistani military, according to informed sources. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like She Mixed Pink Salt With This - Now She Can't Stop Losing Weight Your Health Ahead of Doval's visit, Indian ambassador to Russia Vinay Kumar met Russia's deputy defence minister Colonel-General Alexander Fomin. Doval could also meet President Vladimir Putin, incidentally at the time when the US President Donald Trump's special envoy Steven Witkoff is also in Moscow. This is Witkoff's fifth visit to Russia since the beginning of the year. "The current escalation of the geopolitical situation will also be discussed. Apart from that the topics will include such pressing matters as supplies of Russian oil [to India]," a Russian source said. The visit acquires significance amid Trum's threat of imposing tariffs against India for purchasing Russian oil and fuelling war Ukraine war. Live Events
