India, Feb. 5 -- The Bombay high court on Tuesday directed CIDCO (City and Industrial Development Corporation of Maharashtra) to pay a cost of Rs.50,000 to a Kharghar-based co-operative housing society for withholding an occupancy certificate (OC)" to it for almost six years.

The court called it "a gross case of glaringly unreasonable and arbitrary approach" as although the construction of the building was completed in July 2018, the occupancy certificate was yet to be granted to 18 members of the Dolphin Co-operative Housing Society.

The society, which initially consisted of 17 members, obtained an allotment letter and construction permission from CIDCO for 18 housing units in 2001, and was later granted a commencement certificate in 2...