A division bench of Chief Justice G. Rohini and Justice Pradeep Nandrajog, posting the matter for April 30, said: "We will hear the matter next week."Advocate M.l. Sharma had moved the high court saying several licences were issued to developers and builders for turning 21,366 acres of agricultural land into colonies without complying with the statutory rules. The decision caused "serious financial loss of Rs.3.9 lakh crore" to the exchequer, it added.