Case Law Analysis
|Bombay High Court
Section 127 MRTP Act | Land Reservation Lapses If Acquisition Not Initiated Within 12 Months of Notice : Bombay HC
Bombay High Court rules that land reservations under the MRTP Act automatically lapse if acquisition proceedings are not initiated within 12 months of the statutory notice. The court clarified that mere revision of the development plan does not revive the lapsed reservation, protecting landowners from indefinite uncertainty.