K.P.SIVASUBRAMANIAM
S. M. Garments Private Limited – Appellant
Versus
Inspector General of Registration – Respondent
2. The following facts are sufficient for the disposal of the writ petition :
The petitioner is admittedly one of the allottees of the plot by the Chennai Metropolitan Development Authority. The said Chennai Metropolitan Development Authority had set up the Maraimalai Nagar Industrial Complex and divided the said property into various plots for Industrial Development with all amenities such as roads, drains and other common betterment facilities. The petitioner is one of the applicants and the Chennai Metropolitan Development Authority fixed the total price of the said plot Nos. 3 and 4 at Rs. 12,79,440/-. The petitioner had initially paid a sum of Rs. 3,21,000/- on 18-3-1996 and agreed to pay the balance sale consideration in eight equal half yearly instalments. The possession was handed over to the petitioner on 8-7-1996 itself for construction of industrial buildi
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