WRIT - C No. 31823 of 2019 at Allahabad

Neutral Citation No. - 2025:AHC:25731-DB AFR Reserved on : 25.11.2024 Delivered on : 24.02.2025 Court No. 42 Case :- WRIT - C No. - 31823 of 2019 Petitioner :- M/S Three C Green Developers Pvt. Ltd. And 8 Others Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Monika Vaish Counsel for Respondent :- C.S.C., Kaushalendra Nath Singh Hon'ble Mahesh Chandra Tripathi,J. Hon'ble Prashant Kumar,J. TABLE OF CONTENTS S.No. Heading Page No. A. Factual Matrix & History of the development of the Sports 02-03 City B. Sports City Scheme 2010-2011 03-06 C. Land Use of Sports City 06-16 D. Arguments on behalf of the petitioners 16-18 E. Arguments on behalf of the Noida Authority 18-35 F. Analysis 35 G. Effect of Past Conduct 35-36 H. Scheme- 2010-2011 for development of Sport City in Noida 36-44 and its violation I. Insolvency Lifting of Corporation Veil 44-50 J. Zero Period 50-51 K. Scam 51-53 L. Fraud 53-55 M. Piercing of Administrative Veil 55-57 N. Scope of Judicial Interference 57-59 O. CBI Inquiry 59-63 P. Corporate Insolvency 63-65 Q Effect on consortium when a member of the consortium goes 65 into the insolvency R. Recommendations 66 S. Directions 67 Writ C No.- 31823 of 2