In this writ Application, the Ikop Laidakol Fishing Co-Operative Society Ltd., (hereinafter referred to as the 'petitioner-society') impugn the order No. 14/3/77-Fy(Pt-1) dated 29.10.80 issued by the Commissioner (Fishery), Government of Manipur, cancelling the Government's previous order dated 31.10.1980 under which extension of lease term of the Ikop Fishery No. 160/161 in favour of Shri Maibam Koungjao Singh, Chairman of the petitioner-society for a period of one year from 1.4.80 to 31.3.81 was given; and also the order in Memo. No. 14/3/77-Fy(pt-1 (2) dated 29.10.80, issued by the Commissioner (Fishery) Government of Manipur, according sanction to the acceptance of the highest bid of Rs. 1,56,000/- (Rupees one lakh fifty-six thousand) per annum being lease amount of Ikop Fishery No. 160/161, (hereinafter referred to as the 'Fishery') in favour of two individual highest joint bidders Shri Th. Badul Singh, respondent No. 4 and Shri Kah. Shamu Singh, respondent No. 5, for the remaining period from 1.11.80 to 31.3.81.

2. The petitioner-society is a registered Co-Operative Society with limited liability under the Assam Co-Operative Societies Act, formed with the sole obje