ITC LIMITED vs STATE OF U.P. .

The Supreme Court examined the provisions of the U.P. Industrial Area Development Act, 1976, particularly focusing on the policy for earmarking land for the hotel industry in Noida. The Court held that the New Okhla Industrial Development Authority must adhere to the policy directives for land allotment to hotel entrepreneurs, ensuring that such land is provided at industrial rates and with necessary concessions. The judgment emphasized the need for compliance with the statutory framework while allotting land for tourism purposes, thereby upholding the policy aimed at promoting the hotel industry in Uttar Pradesh.