The Bombay High Court Thursday dismissed the plea filed by Godrej & Boyce Manufacturing Company Limited, challenging the firm being awarded a compensation of Rs 264 crore by the Maharashtra government for acquiring its land for the Ahmedabad-Mumbai bullet train project.
The court said “the project is one of its kind and of national importance and in public interest” and that the “public collective interest prevailed over personal interest”.
The company had challenged land acquisition proceedings by the Maharashtra government and had said that the final award of Rs 264 crore was way less than Rs 572 crore, the initial amount offered to it by the government for land acquisition.