B.S.CHAUHAN
Rajasthan Art Emporium – Appellant
Versus
Rajasthan State Industrial and Investment Corpn. – Respondent
B.S. Chauhan, J.-The instant writ petition has been filed for quashing the impugned order dated 25-7-96, contained in Annexure-3 to the writ petition, including the condition that the petitioner shall be liable for liabilities incurred by the previous occupier of the premises, and for quashing the order dated 26-7-97, contained in Annexure-11 to the petition, by which the application of the petitioner to delete the Condition
No. 4, has been rejected.
.2. Thefacts and circumstances giving rise to this case are that one M/s. Shyam Oil & Cake Limited (hereinafter called “the firm”) was the lessee of an industrial plot situated at B-ST Marudhar Industrial Area, II Phase, Basni. While the lease was subsisting, the petitioner entered into an agreement with the said lessee to purchase-the said premises for a consideration of Rs. 21 lacs. As it was not a free-hold property, the original lessee, i.e. the firm applied for permission to transfer the lease-hold rights in favour of petitioner, to the Rajasthan Industrial and Investment Corporation (RIICO), which is a Government Company registered under the Companies Act. Vide letter dated 25-7-96, RIICO replied to the said firm that th
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