D.V. Shylendra Kumar, J.—: WP No 23084 OF 2005:

1. This writ petition by two persons, first Petitioner is a limited company and the second Petitioner claims to be a shareholder in the first petition-company.

2. The averments in para-1 of the writ petition give a better description of the Petitioners and read as under:

1. The first Petitioner is a subsidiary of Puravankara Projects Ltd., which has developed over 5 million sq.ft. of built up space and have necessary infrastructure and expertise for setting up of I.T. infrastructure development projects. There is a great demand for I.T. infrastructure development projects from Indian and foreign companies who want to set up software / hardware manufacturing units, business processing outsource companies, IT enabled service companies etc., in Bangalore which is the Silicon Valley of India. In order to enable them to set up their base in Bangalore, necessary infrastructures like buildings with modern support systems, technology parks and townships etc., are require. The second Petitioner is the share holder of the first Petitioner company.

3. It is claimed that the Petitioners have necessary expertise and entrepreneurial ability and w