ORDER :

(i) FACTS :

The petitioner, a private limited company, in this writ petition has assailed the constitutional validity of the Telangana Government Property (Preservation, Protection and Resumption) Act, 2007. In order to appreciate the petitioner’s grievance, the relevant facts need mention which are stated infra.

2. The petitioner is a company incorporated on 05.08.2003 under the provisions of the Companies Act, 1956. The composite State of Andhra Pradesh on 09.08.2003 had entered into a Memorandum of Understanding (MoU) with the petitioner. Under the aforesaid MoU, the State of Andhra Pradesh identified the petitioner as an expert organisation which can produce and train champions in various sports. The MoU acknowledges the fact that the petitioner is renowned in the field of events, entertainment and marketing. The erstwhile Government of Andhra Pradesh (hereinafter referred to as, “the State”) under the MoU agreed that it shall sell Acs.400.00 of land in Survey No.25 of Gachibowli, Serlingampalli Mandal, Ranga Reddy District, to the petitioner to build, develop, own and