Supreme Court heard petition by Administrator Nashik City & Industrial Development Corp Ltd against Sham Nariman Dumasia & others.
Court ordered withdrawal of undisputed deposited amount and questioned whether remaining funds should benefit respondents.
Numerous respondents (nos. 3‑8, 16, 21, etc.) failed to appear before High Court; notice deemed incomplete, fresh notice not required.
Matter listed for further hearing on 21 July 2026.