JUDGMENT :

Manoj Misra, J.

1. This intra court appeal arises from a judgment and order of a Single Judge, dated 01.12.2020, in Writ-C No.17744 of 2020, allowing the writ petition of the first respondent.

FACTS GIVING RISE TO THE APPEAL

2. A brief narration of the facts giving rise to this appeal would be apposite to have a clear understanding of the issues involved in this appeal. These facts are as below:

2(i) The first respondent, namely, the writ petitioner, being a company engaged in the business of developing and marketing of housing projects including plots etc., was allotted a parcel of land, measuring 198135.62 square meter, by the second respondent (the Greater Noida Industrial Development Authority -GNIDA), vide allotment letter dated 30.08.2010. Pursuant thereto, an instrument of lease, dated 15.11.2010, was executed and registered on 16.11.2010 where under plot of land, bearing No.GH-05 in Sector 16-B, Greater Noida, measuring 198135.62 square meter, was leased out to the first respondent for a period of 90 years by GNIDA at a premium of Rs.228,94,57,090 (Two Hundred Twe