On or about 19.03.1969, United Auto Tractor Ltd. (for short, ’the Company’) filed an application before the State Government for allotment of 100 acres of land in the industrial area for setting ... up an industrial unit for the purpose of manufacture of agricultural tractors and implements. The Government of Andhra Pradesh pursuant to or in furtherance thereof made allotment of 51 acres of land in the Industrial Development Area, Nacharam, Andhra Pradesh to the Company for the aforementioned purpose in terms of an order dated 18.07.1972.