JUDGMENT :

1. Petitioner has filed the instant writ petition seeking a direction upon the respondents to release the admitted liability amounting to Rs.1,54,72,468/ on account of works executed by him.

2. Petitioner is a Small Scale Industrial Unit registered with Directorate of Industries & Commerce and J&K Small Scale Industries Development Corporation. It is averred in the writ petition that the petitioner was allotted work of construction of three number double bedroom Huts at Verinag by respondents No.1 to 3 i.e. Verinag Development Authority. The work was allotted to the petitioner through respondent No.4 i.e. J&K Small Scale Industries Development Corporation (SICOP) in terms of its communication No.CEO/VDA/1933-34 dated 24.02.2015. It was provided that the huts shall be constructed as per the drawings/specifications approved by Verinag Development Authority and completed within a period of 120 days from the date of acceptance of the offer. Accordingly, offer of the petitioner was accepted and the allotment letter was issued in favour of the petitioner on 14.03.2015. The specifications of work were also conveyed to it. It is averred by the petitioner that after execution of wo