ORDER :

This Writ Petition, filed under Article 226 of the Constitution of India, calls in question the tender cancellation order dated 18.08.2020 and the fresh tender notification dated 24.08.2020 issued by respondent No.2 and the petitioners herein are consequently praying for a direction to respondent Nos.1 and 2 to execute the lease deed annexed to tender notice dated 07.08.2019 in favour of petitioner No.1. According to the petitioners, petitioner No.1 is a Company, incorporated under the provisions of the Companies Act, 1956, and is engaged in business of manufacture and production of OXO-ALCOHOLS and petitioner No.2 is its shareholder. Petitioner No.1 and respondent No.1-Visakhapatnam Port Trust entered into a long term lease deed for a period of 30 years on 27.06.1989 for setting up Petro Chemical Industry and petitioner No.1 herein established the said industry. In view of the expiry of period of lease and as per the Land Policy Guidelines for Major Ports, 2014, the respondent-Visakhapatnam Port Trust issued e-procurement notice dated 07.08.2019, inviting tenders for allotment of Ex-Andhra Petro Chemical Limited land including plant and machinery on long term lease of 30 ye