Business Standard

From arbitration to automatic blacklisting, here are the key court orders

Delhi High Court decried public sector Central Bank of India for 'acting maliciously and dishonestly to harass common citizens of this country'

Photo: Shutterstock
Premium

.

M J Antony
No fetters on sale of industrial plot

The Supreme Court last week ruled that the conditions for allotment of industrial plots do not stay once they are sold to entrepreneurs who paid full consideration. In this case, state-owned Andhra Pradesh Industrial Infrastructure Corporation allotted plots to a larger number of transporters and executed sale deeds in their favour. They were supposed to start their units within two years. But there was a delay in starting the industries, allegedly because the state corporation did not provide infrastructures like road, electricity and water. The corporation, however, threatened to cancel the transfer because

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in