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Sidley Advises Joint Bookrunners and Lead Arrangers on Ardshinbank’s US$600 Million Eurobond Offering

Sidley advised Citibank, J.P. Morgan, Oppenheimer, and Mashreq in their roles as joint bookrunners and lead arrangers on Ardshinbank’s successful US$600 million Eurobond...
HomeHigh CourtMeghalaya High Court2025:Mlhc:635-Db vs State Of Meghalaya on 23 July, 2025

2025:Mlhc:635-Db vs State Of Meghalaya on 23 July, 2025

(per the Hon’ble, the Chief Justice) (Oral)
We have examined in detail the order dated 2nd August, 2017 in SLP
(C) No.15008 of 2016 – Billinda Lapang & ors v. State of Meghalaya &
ors.

The crucial part of the said judgment and order is reproduced below:

“The only other issue which survives is whether the public money
has been squandered, as suggested, by offering high rate of
compensation which is against the rate offered by the owner and the
rate at which she purchased just before acquisition. Question as to
who is entitled to compensation may also require consideration. This
matter may require consideration. Pending such consideration, we
injunct Particia Nongsiej from parting with the money available with
her which aspect may be overseen by the Deputy Commissioner
concerned and similarly money available with the Stied Dkhar may
also be kept intact and the Deputy Commissioner concerned may
oversee that aspect also.



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