ODISHA INDUSL.INFRAS.DEVT.CORP. LTD. vs PITABASA MISHRA

The Supreme Court upheld the High Court's decision to set aside the allotment of an industrial plot to M/s. Sai Sankar Associates, citing violations of Section 34(4) of the Orissa Industrial Infrastructure Development Corporation Act, 1980. The Court emphasized that the regularization of public property must adhere to established regulations and cannot occur without public auction. The Court found that the allotment price was significantly below market value, reinforcing the need for transparency and adherence to statutory requirements in the allocation of public resources.