M.VENUGOPAL
T. H. Infrastructure Pvt. Ltd. – Appellant
Versus
State Industries Promotion Corporation of Tamil Nadu Limited – Respondent
1. The Petitioner has preferred the instant Writ of Certiorarified Mandamus praying for passing of an order by this Court in calling for the records of the in DII/Cud/SPIC/2012-1 dated 31.10.2012 and to quash the same. Further, it has sought for direction in directing the 1st Respondent to forthwith execute the modified Lease Deed without insisting upon payment of the differential land cost of Rs.9,31,92,765/-for the purposes of executing the modified Lease Deed in respect of the Plot Nos.C 14, C 15, C 16 and C 16A with an extent of 64.49 acres of land at SIPCOT Industrial Complex, Cuddalore in its favour.
2. Writ Facts:
(i) The 1st Respondent established an Industrial Complex at Cuddalore for the purposes of promoting establishment of industries and entered into a Lease Agreement with one M/s. Southern Petrochemical Industries Corporation Limited, (hereinafter called SPIC) on 21.2.1990 in respect of the property at Plot No.C14, C15 and C16 in SIPCOT's Industrial Complex at Cuddalore within the village limits of Kudikadu Village ad-measuring 63.33 acres for a value of Rs.63,33,000/-.
(ii) Also, the 1st Respondent entered into Lease Agreement with SPIC for the property at P
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