The Karnataka Industrial Areas Development Board (KIADB) has issued notices increasing land prices in the Gamanagatti industrial area, causing discontent among industrialists. Read more about it here.
Senior counsel S Muralidhar, appearing for the state government agency, told a bench led by Justice Sanjay Kishan Kaul that “to allay any misapprehension” of ArcelorMittal, the board had on November 6 withdrawn its notices, which though were “germane to the issue and vital for proper adjudication” of the case.