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The Economic Times
The Economic Times

Karnataka High Court sets aside KIADB order in Rs 1,125 crore Lam Research land matter

KIADB Lam Research Karnataka High Court the High Court

Bengaluru: The Karnataka High Court has set aside a Karnataka Industrial Areas Development Board (KIADB) order that had directed the resumption of more than 78 acres of land allotted to Embassy East Business Park Ltd in Bengaluru's Kadugodi Industrial Area.

The High Court passed the order after the company filed an affidavit clarifying its agreements with Lam Research India Pvt Ltd. The HC said the concerns raised by KIADB had been sufficiently explained by the company.

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