“Godrej and Boyce will not be accountable for any extra prices” | All Tech Sir


Mumbai: Godrej & Boyce Manufacturing Co. Ltd advised the Bombay excessive courtroom that it was not accountable for the estimated value of the Mumbai-Ahmedabad bullet practice challenge on account of land acquisition points.

The corporate has challenged the legality of the federal government’s transfer to amass its land in Mumbai’s Vikhroli for the challenge. Nationwide Excessive Pace ​​Rail Corp. Ltd (NHSRCL) and the state authorities say the corporate is accountable for the delay within the challenge, which has resulted in extra prices. 1000 mln.

“The applicant (Godrey and Boyce) categorically denies any accountability for the alleged extra prices. 1000 crores or any half thereof. Apparently, no knowledge or materials was submitted to the courtroom to show this “bald” cost. Within the absence of any knowledge or materials to justify the estimated extra prices 1,000 crore or any half thereof, the courtroom ought to ignore what can solely be known as a crimson herring to prejudice the courtroom,” Godrej & Boyce stated in a press release on January 2. The corporate and authorities companies have been in a authorized battle for over three years to amass and compensate for the land. .

Godrej & Boyce stated it has filed detailed responses to the federal government’s assertion that it has stopped disputing the land acquisition.

Godrej & Boyce can’t dispute the acquisition of the positioning; The one situation it might increase is the quantity of compensation, the federal government stated.

The corporate argued that it has the proper to guard its constitutional and authorized rights. This isn’t restricted to the compensation provided but in addition challenges the land acquisition itself, the corporate stated in response to the recommendations made by the state authorities.

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