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CHHATTISGARH HIGH COURT
Prashant Kumar Mishra, J
M/s Brahaspati Iron and Steel Company Private Limited – Appellant
Versus
Chhattisgarh State Industrial Development Corporation Limited – Respondent
| Table of Content |
|---|
| 1. overview of leasehold rights and transactions (Para 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11) |
| 2. arguments surrounding lease cancellation and transfer (Para 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20) |
| 3. petitioner's stance on legal rights and title (Para 29 , 30 , 31) |
| 4. court's analysis of prevailing law on property rights (Para 32 , 33 , 34 , 36 , 37 , 38 , 39) |
| 5. legal findings on transfer fees and sarfaesi act (Para 44 , 45 , 49 , 50) |
| 6. court's directive on execution of lease deeds (Para 57 , 58) |
| 7. conclusion and order of the court (Para 59) |
1. S.P. Upadhyay, learned senior counsel assisted by Mr. Ankit Pandey, learned counsel for the petitioner. Also heard Mr. Jitendra Pali, learned Deputy Advocate General appearing for respondent No.1, Mr. Prafull N. Bharat, learned senior counsel assisted by Mr. Ayaz Naved, learned counsel, appearing for respondent Nos.2 to 4 and Ms. Sharmila Singhai, learned senior counsel assisted by Mr. P.R. Patankar, learned counsel, appearing for respondent No.5.
2. The petitioner is a Company registered under the provisions of the Companies Act , 1956 engaged in the business of producing steel and iron products. The case of the petitioner
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