https://www.taxtmi.com/caselaws?id=259818 Land acquired for industrial development vested in the Corporation, not the State Government, because the compensation and acquisition charges were paid by the Corporation and possession was delivered directly to it. Section 17A prior sanction was therefore not attracted, as the land had already vested in the Corporation and the original public purpose had not changed. A court-supervised auction of the Society's leasehold rights was upheld because the State had no proprietary interest in the land and showed no illegality or material irregularity in the sale process. The challenge to the auction sale and its confirmation could not succeed. en-us Thu, 07 May 2015 00:00:00 +0530 Wed, 20 May 2015 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259818 Land acquired for industrial development vested in the Corporation, not the State Government, because the compensation and acquisition charges were paid by the Corporation and possession was delivered directly to it. Section 17A prior sanction was therefore not attracted, as the land had already vested in the Corporation and the original public purpose had not changed. A court-supervised auction of the Society's leasehold rights was upheld because the State had no proprietary interest in the land and showed no illegality or material irregularity in the sale process. The challenge to the auction sale and its confirmation could not succeed. Case-Laws Companies Law Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259818