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may 2016

Supreme Court of India · 2016-05-11

ESTATE OFFICER UT CHANDIGARH vs M/S. ESYS INFORMATION TECHNOLOGIES PVT. LTD.

Citation / case number
SC 2015/16284
Court
Supreme Court of India
Petitioner
ESTATE OFFICER UT CHANDIGARH
Respondent
M/S. ESYS INFORMATION TECHNOLOGIES PVT. LTD.
Author
Arun Mishra
Bench
ARUN MISHRA V. GOPALA GOWDA

Judgment text excerpt

The Supreme Court held that the cancellation of the allotment of land to M/s. Esys Information Technologies Pvt. Ltd. was justified under Rule 9 of the Allotment of Small Campus Site in Chandigarh Information Services Park, Rules, 2002, which prohibits transfer of the campus site for 10 years from the date of allotment. The Court emphasized that the respondent's failure to seek permission for transferring shares constituted a violation of the allotment conditions. The High Court's order setting aside the cancellation was overturned, affirming the Estate Officer's decision to resume the plot and forfeit dues.

ESTATE OFFICER UT CHANDIGARH vs M/S. ESYS INFORMATION TECHNOLOGIES PVT. LTD. · Niyam