JUDGMENT :

C.K.ABDUL REHIM, J.

The petitioner in W.P.(C) No.13386 of 2019 is in appeal against judgment of the Single Judge, dated 14th June, 2019. The respondents herein are the respondents in the writ petition.

2. The appellant is the auction purchaser of 70 cents of land situated in the 'Industrial Development Area' maintained and managed by the Industries Department of the State Government, at Muttom village in Thodupuzha Taluk in Idukki District. The plot in question was originally allotted to a company named 'M/s. Usha Polymers Private Limited'. The industrial unit of the said company was established on availing financial assistance from 'M/s. Kerala State Industrial Development Corporation (KSIDC)' and 'M/s. Kerala Financial Corporation (KFC)'. On default committed in repayment of the loans availed, KFC took over possession of the industrial unit by invoking Section 29 of the State Financial Corporation Act. The Industries Department permitted the KFC to conduct auction sale of the assets. The appellant herein bid in auction the said property. The General Manager of the District Industries Centre had passed an order on 28.02.2019 handing over possession of the land in question