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Case Law Details

Case Name : Orissa Industrial Infrastructure Development Corporation V. Mesco Kalinga Steel Ltd. & Ors (Supreme Court of India)
Appeal Number : Civil Appeal No. 2545 of 2017
Date of Judgement/Order : 14/02/2017
Related Assessment Year :
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Orissa Industrial Infrastructure Development Corporation V. Mesco Kalinga Steel Ltd. & Ors (Supreme Court) 

Lease of industrial land from government authority – Lessee neglected to execute lease deed for years – Lease cancelled and land resumed lessee obtaining order from High court for the allotment of land. The Apex Court held that the lessee has no right to claim the leased land ,since on his own act he has defaulted in executing Lease Deed for many years. 

FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER

1. Leave granted.

2. The appeals have been preferred by Orissa Industrial Infrastructure Development Corporation (in short ‘IDCO’) and also by Jindal Stainless Ltd. aggrieved by the impugned judgment and order dated 30.10.2007 passed by the High Court of Orissa, thereby directing IDCO to lease out 825.68 acres of land and to enter into a lease agreement with M/s. Mesco Kalinga Steel Ltd.

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A Qualified Company Secretary, LLB , AIII , Bsc( Maths) BHU, Certification in Insurance Risk Management ( ICSI-III) have completed Limited Insolvency Examination and having more than 20 years of experience in the field of Secretarial Practice, Project Finance, Direct Taxes ,GST, Accounts & F View Full Profile

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