The dispute between the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) and companies that were allotted industrial plots have been settled in the Supreme Court with the corporation offering to re-allot plots on payment of current market rate.
Most companies have agreed to pay the prevailing rate fixed by the corporation. The court therefore asked the corporation to re-allot plots subject to the regular terms and conditions. The public sector corporation had allotted plots to the firms in 2001. Some of them had not started work due to various reasons, some of them contributed by the corporation itself. The corporation then withdrew the allotments from them.
They challenged this action in the Punjab and Haryana High Court. It asked the corporation to restore the allotment and repay the refunds paid to the firms. The corporation then moved the Supreme Court. Though the court examined several individual cases, ultimately the offer of the corporation to re-allot plots was accepted. The court asked the firms to deposit the requisite amounts within six weeks and the corporation shall hand over possession within a month thereafter.
BS Reporter / New Delhi June 16, 2008, 5:47 IST
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About Me
- Kamal Kumar Pandey (Adv. Supreme Court of India)
- Lawyer Practising at Supreme Court of India. Court Experience: Criminal, Civil & PIL (related to Property, Tax, Custom & Duties, MVAC, insurance, I.P.R., Copyrights & Trademarks, Partnerships, Labour Disputes, etc.) Socio-Legal: Child Rights, Mid Day Meal Programme, Sarva Shiksha Abhiyaan, Women Rights, Against Female Foeticide, P.R.Is, Bonded Labour, Child labour, Child marriage, Domestic violence, Legal Literacy, HIV/AIDS, etc. Worked for Legal Aid/Advise/Awareness/Training/Empowerment/Interventions/Training & Sensitisation.
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