Supreme Court · 2017 INSC 138 · Decided 14 February 2017
Orissa Industrial Infrastructure Development Corporation v. M/S. Mesco Kalinga Steel LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 2017 INSC 138 · [2017] 1 S.C.R. 876
- Case number
- CIVIL APPEAL No. 2545/2017
- Decided
- 14 February 2017
- Bench
- ARUN MISHRA, AMITAVA ROY (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 70
Headnote
Orissa Industrial Infrastructure Development Corporation Act, 1980 - s. 33 - Request made to appellant-Corporation for allotment of land (for establishing steel plant) - Corporation's request to State Government to issue orders to process approved the allotment in principle subject to certain terms and conditions - The proposed allottee was required to pay the cost of the land in twenty half-yearly equal instalments - Execution of lease-deed was condition precedent for allotment of land - On deposit of first instalment,
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