2018 (12) TMI 1353

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....Mr. S.P. Bharti for Respondent No. 5 Mr. Himanshu Takke, AGP for Respondent Nos. 3 and 4 Mr. Pradeep S. Jetly a/w Mr. J.B. Mishra for Respondent Nos. 1 & 2   P.C.: 1. Petitioner, a limited company, has set up a theme park and water park at Khalapur, Maharashtra by making sizable capital investment. As a part of the tourism policy of the State Government, the petitioner was offered....

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....t par with other entities. According to the petitioner, this made the petitioner's business totally unviable. The petitioner had borrowed funds from banks and financial institutions for making capital investment which the petitioner was unable to repay on time. 3. Learned counsel for the petitioner submitted that the petitioner was granted incentive under the state tourism policy. The petit....

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....vernment taking up the cause of the petitioner. 4. In our opinion, the issue is required to be examined at the highest level before the Government. We request the Government i.e the Chief Secretary to constitute a High Level Committee which would besides others, comprise of Principal Secretary of Finance and the Secretary of Tourism Department. An authorized representative of the petitioner may....