M/S.ANGEL BABY PRODUCTS PVT.LTD. vs NEW OKHLA INDUST.DEV.AUTH. .

The Supreme Court upheld the decision of the Allahabad High Court dismissing the writ petition challenging the imposition of penalty by NOIDA for failure to execute the lease deed within the stipulated period. The Court noted that the allotment was made on an 'as is where is' basis, implying that the petitioners were aware of the existing irrigation drain on the plot. The Court affirmed that the authority to vary the plot area was reserved for NOIDA, and the petitioners' request for waiver of penalty was rightly rejected as they failed to comply with the payment despite the interim stay granted earlier.