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IN THE HIGH COURT OF JUDICATURE AT MADRAS
Krishnan Ramasamy, J
Land Marvel Information Technology Systems Ltd – Appellant
Versus
State Industries Promotion Corporation of Tamilnadu Ltd – Respondent
| Table of Content |
|---|
| 1. parties argument regarding the calculation of timeframe for construction obligations versus actual possession date. (Para 1 , 2 , 3 , 4 , 5) |
| 2. the court establishes that limitation periods for construction are triggered by the delivery of possession. (Para 6 , 7 , 8 , 9) |
| 3. formal court order setting aside the cancellation and establishing a new compliance period. (Para 10 , 11) |
ORDER
Challenge was made against the impugned order of cancellation of allotment made by the respondent dated 18.06.2008.
2. The learned counsel appearing for the petitioner would submit that initially the Plot No.3/D-3 (New) measuring acres 4.78 cents was allotted to the petitioner on 22.01.2004. In terms of the conditions of Condition 3(vii) of the allotment order, the petitioner supposed to have commenced construction of the factory building within six months from the date of allotment order and as per condition 3(ix), within 30 months from the date of the allotment order the petitioner shall commence commercial production / trial production. Since the petitioner has not commenced the construction of the factory building within six months from the date of allotment order, by virtue of the
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