The Maharashtra Government allotted certain plots of land to the Foreshore Cooperative Housing Society Limited hereinafter referred to as the Society , a companyperative Society formed by some sitting and retired Judges of the Supreme Court and Bombay High Court.
The land was originally allotted to the Society on a ground rent calculated at 8 per cent of the value of the land worked out at Rs.
metre but, by a letter dated 21.1.1990 the companyrect date appears to be 2nd January, 1990 , the ground rent was reduced to six and a half per cent .
The writ petitioners before the High Court as well as the Society have preferred these petitions for special leave before us.
per annum on the value of the land calculated at the rate of Rs.
2280/ per sq.
1050/ per sq.
metre.
