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IN THE HIGH COURT OF KARNATAKA AT BENGALURU
SURAJ GOVINDARAJ
Hadee Forging Private Limited, Represented By Its Managing Director Sri. Harish M.K. – Appellant
Versus
Karantaka Industrial Areas Development Board, Rep By Its Chairman & Managing Director – Respondent
ORDER :
(SURAJ GOVINDARAJ, J.)
1. The Petitioner is before this Court seeking for the following reliefs :
i. To issue a writ of certiorari quashing the impugned order bearing No. 7023 before the CEO and EM, KIADB, Bengaluru dated 18.3.2022 (Annexure-S) passed by the R1;
ii. Consequently direct the R1 to refund the sum of Rs. 100 lakhs (Rs. 50 lakhs per Acre) collected in excess of the actual cost of 2 Acres of land and to pay interest @ 12.5% p.a. on the said sum of Rs. 100 lakhs from 03.05.2016 (date of Lease Deed) until the actual date of payment within a period of 30 days or such other time period as may be determined by this Hon’ble Court.
iii. Award costs of these proceedings; and
iv. Issue any other appropriate writ, order or directions as this Hon'ble Court deems fit under the facts and circumstances of the case, in the interest of justice and equity.
2. The Petitioner claims to be a Company incorporated under the provisions of the Companies Act, 1956 and involved in the business of making cold forged and machined components for automobile and aerospace industries. The Petitioner applied to the 1st respondent - Karnataka Industrial Area Development Board (for brevity, hereinafter r
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