Terming the NMMC’s resolution dated December 13, 2019, passed in its General Body Meeting, as “bad and illegal”, Cidco has sought to quash the same
The Bombay High Court has held that City and Industrial Development Corporation (Cidco) has the right to auction the land which is in its possession and that the Navi Mumbai Municipal Corporation (NMMC) has no power to impose its reservations on Cidco plots. A division bench of Chief Justice Dipankar Datta and Justice MS Karnik observed: “There was no embargo or any restriction whatsoever on CIDCO to deal with such plots/lands and hold the auction of which the beneficiaries are private respondents.”
https://www.freepressjournal.in/mumbai/cidco-has-right-to-auction-plots-in-its-possession-nmmc-has-no-power-to-impose-reservation-bombay-hc
Source: The Free Press Journal