Nagpur land row: MADC in Supreme Court over HC order to return ₹10.29 crore to Wipro
Maharashtra Airport Development Co has moved the Supreme Court. It challenges a Bombay High Court order. The court directed MADC to refund Wipro ₹10.29 crore. This was an advance payment for land in Nagpur. MADC had cancelled the land lease and ke...

MADC had cancelled a letter of acceptance for leasing the land to Wipro and forfeited the advance payment.
The HC in August last ruled that retaining the amount would constitute unjust composite project enrichment by MADC.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.