1. Petitioner No. 1 is a Public Limited Company (hereinafter called the Company) registered under the Indian Companies Act, 1953. It has established a textile Mill in Village Chachoki, tehsil Phagwara. On December 23, 1971, the State of Punjab issued a notification under Sections 5 and 6 of the Punjab Municipal Act by which it invited objections from the affected persons regarding the proposed exclusion and inclusion of areas within the limits of Municipal Committee, Phagwara. The company filed objection against the inclusion of its area within the limits of the Municipal Committee, Phagwara, in which it was, inter alia, stated that the town of Phagwara had extended more towards Hoshiarpur side which area was not being included, that the Company had large number of employees who had been paying taxes to the Gram Sabhas, that they would be burdened by double taxation, and that the Company had developed the area by constructing roads and residential quarters for its employees for providing them amenities which entailed an annual recurring expenses of over rupees two lacs, meeting of which would be beyond the financial resources of the Municipal Committee. These objections wer