Prudeta
Prudeta
2026 INSC 321
📌 Paras 2-3, 10-14
The appellant, M/s. Piaggio Vehicles Pvt. Ltd., is challenging the forfeiture of its lease for an industrial plot in Uttar Pradesh. The lease was initially granted in 1985 and later transferred to the appellant's predecessor, with a formal lease deed executed in 2002. The appellant claims to have made significant investments and obtained necessary permissions. A subsequent lease deed was executed in 2007 after an amalgamation of entities.
📌 Para 3
Whether the forfeiture of the lease of the industrial plot by UPSIDA, and the subsequent dismissal of the appellant's writ petition by the High Court, were justified on grounds of breach of lease conditions regarding construction and commencement of production within stip
The bench further analyzed the constitutional validity of the impugned provisions and discussed the interpretation of Articles 14 and 21 in light of recent precedents...
Citing the ratio in prior decisions, the court held that the legislative intent was to ensure...
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