1. The petitioners have preferred this writ petition under Art. 226/227 read with Arts. 14 and 19(1)(g) of the Constitution of India by which they have challenged the order dated 25th July, 2003 passed by the Board of Revenue, Chhattisgarh at Bilaspur. The Board of Revenue has held that the Board of Revenue being the Chief Controlling Revenue Authority has every jurisdiction to entertain a revision application under S.56(4) of the Indian Stamp Act, 1899 (for short 'Stamp Act') as amended by the State of Madhya Pradesh, against the order dated 16-1-2001 passed by the Collector of the Stamp District Janjgir Champa under S.32 of the Act after following the procedure as envisaged under S.31 of the .

2. The petitioner's petition is that the petitioner No.1 established a cement division at Gopalnagar, District Janjgir Champa in the erstwhile State of Madhya Pradesh in the year 1982. The Govt. of Madhya Pradesh welcomed the setting up of the said cement division and granted several concessions to the petitioner No. 1. The petitioner No. 1 also generated large revenue for the State of Madhya Pradesh and Central Government from the date it commenced operations by payment of sales tax, st