S.R. Nayak, J.,

The writ petitioner being aggrieved by the order of the learned Single Judge dated 26th August, 2002 passed in W.P. No. 2565 of 2001 has preferred this writ appeal.

2. The appellant is a company registered under the provisions of the Companies Act, 1956. An immovable property admeasuring 21480 sq. ft. comprised in sites bearing Nos. 526, 527, 528, 529, 530, 531 and 532 carved out in Survey No. 57 of Tippasandra, K.R. Puram Hobli, Bangalore South Taluk which land is hereinafter shortly referred to as 'the schedule land' originally belonged to one late A. Thimma Reddy, son of Muniswamappa. The schedule land was sold by A. Thimma Reddy to the vendors of the writ petitioner. The petitioner-company purchased the schedule land under two registered sale-deeds dated 28-11-1995. After the State Government in exercise of its eminent domain power initiated the proceedings to acquire the schedule land for a public purpose, to wit, formation of HAL II Stage layout by issuing Section 4(1) notification on 21-9-1967 and Section 6(1) declaration on 15-7-1971 and when the acquisition· proceedings were in pipeline, the vendors of the writ petitioner, it seems, made an applicati