A bench of justices Gyan Sudha Misra and Pinaki Chandra Ghose last month set aside the High Court verdict cancelling the multi-crore rupees Jal Mahal tourism development project adjoining the 17th century lake.
It, however, reduced the lease period for from 99 to 30 years and also said that some portion of the leased out 100- acre land will be kept aside to be under the control of the state government as it formed part of the adjoining lake.
The Rajasthan High Court, on May 17, 2012, had cancelled the government lease accorded in 2005 in favour of Jal Mahal Resorts Pvt Ltd. The lease deed, which was initially meant for 60 years, later extended for a period of 99 years.
"In fact, we have noted that when the tender was floated for granting the lease deed, the maximum period for the lease deed as per the rules could not have been more than 30 years yet the tender was floated for a period of 60 years, which was later extended to 99 years. This in our view could not have been done by the state government...." the bench said, adding that it amounted to granting a perpetual lease deed.
The apex court's decision came on an appeal filed by Jal Mahal Resorts Pvt Ltd challenging the High Court verdict canceling its lease.
Jal Mahal Resorts Pvt Ltd was awarded lease for 100 acres of land on the precincts of Mansagar lake for a period of 99 years in 2005 by the then Rajasthan government.
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