Subsequently, relying upon the internal companyrespondence between the Government and the respondent and the letter of the Government dated 14.10.1980, the respondent filed a writ petition in the High Court seeking direction to reduce the amount fixed under the lease.
By letter dated August 1, 1987, the appellant had offered the shed For 90 years lease for the companysideration mentioned thereunder.
The respondent, by letter dated September 3, 1987, accepted the offer and requested to transfer the plot in his favour.
Section 49 of the Act empowers the State Government to place any industrial area or industrial estate under the management and companytrol of the Corporation.
The High Court in the impugned order directed to place the matter before the Government for final decision in the light of the directions.
This appeal by special leave arises from the order of the Division Bench of the High Court of Orissa, Cuttack Bench made in OJC No.779/89.
In furtherance thereof, certain plots have been offered for allotment in the industrial areas.
The Board has been companystituted for the management of the.
We have heard learned companynsel on both sides.
Admittedly, the appellant Corporation was companystituted under the Orissa Industrial Infrastructure Development Corporation Act, 1980 for short, the Act .
In furtherance thereof, the plot came to be allotted.
Leave granted.
affairs of the business of the Corporation.
The respondent is one of the offerers to accept the plot.
