ORAL JUDGMENT H. L. GOKHALE, J. : - Heard Mr. Surana in support of this petition. Mrs. Thakur, AGP appears for respondent Nos. 1 to 3 and Mrs. Helekar for respondent No. 4(b). 2. (i) The petitioner herein is a Co -operative Sugar factory registered under the Maharashtra Co -operative Societies Act and functioning in Sangli District. Original respondent No.4 owned certain agricultural lands bearing Survey Nos. 152/lB and 152/2 in the erstwhile village Sangli, which is now a part of the Sangli Municipal Corporation. (ii). Respondent No.4 has since expired and his wife i.e. respondent No. 4(a) and his married daughter respondent No. 4(b) were joined as the respondents to this petition. We are told that respondent No. 4(a) has subsequently expired and respondent No. 4(b) has contested the petition. 3. Brief facts leading to the filing of this petition are as follows : - The Urban Land (Ceiling and Regulation) Act, 1976 ("the ULC Act" for short) covered the urban agglomeration of Sangli City. The Act came into force on 17th February 1976 and thereupon respondent No.4 filed the requisite statement under Section 6(1) of the ULC Act on 13th April 1976. In his statement he showed these two parcels of lands as the agricultural lands. Subsequently the competent Authority under the ULC Act i.e. respondent No. 2 herein prepared a draft statement and called upon the original respondent No. 4 to file objections under Section 8(3) of the ULC Act. After considering the objections, the competent Authority held on 30th October 1978 that respondent No.4 was holding excess vacant land admeasuring 17163.60 sq. metres. Accordingly, the order was published in the Government Gazette on 19th April 1979. 4. The competent Authority called upon respondent No.4 to hand over the possession on 17th January 1986 and took possession on 29th January 1986. Thereupon the land was allotted to the petitioner -Karkhana and the petitionerKarkhana was put in physical possession. The petitioner -Karkhana was required to pay the purchase price under Section 11 of the ULC Act which was calculated at Rs.l,20,831.75. The petitioner deposited the amount with the Authorities concerned. It is material to note that the petitioner -Karkhana has also used this land after obtaining possession only for agricultural purpose, though as stated by Mr. Surana, learned Counsel appearing for the petitioner -Karkhana, the Karkhana has brought about improvements in the said parcels of lands. 5. The petitioner deposited the amount with the Authorities concerned. It is material to note that the petitioner -Karkhana has also used this land after obtaining possession only for agricultural purpose, though as stated by Mr. Surana, learned Counsel appearing for the petitioner -Karkhana, the Karkhana has brought about improvements in the said parcels of lands. 5. Respondent No. 4 filed an Appeal being Appeal No. 4 of 1993 challenging the order dated 30th October, 1978 passed by the competent Authority. Respondent No.3 partly allowed the Appeal and remanded it back to respondent No.2 for deciding it afresh in accordance with law. The competent Authority had a fresh look at the matter and took the view that the land was an agricultural land and directed that possession thereof be restored to respondent No.4. This order was passed on 21st October, 1994. The petitioner -Karkhana preferred an Appeal against that order to respondent NO.3 -Collector who is the Appellate Authority and the Appeal came to be dismissed by the impugned order dated 23rd July, 1995. The present petition seeks to challenge that order. It was admitted on 10th October, 1995 and interim order was granted in terms of prayer clauses © and (d) whereby the enforcement of the impugned order has been stayed and the peaceful use and enjoyment of the suit land by the petitioner has been continued. This has been on the condition that the petitioner does not create any third party interest. 6. It has so transpired that thereafter when the matter came up before another Division Bench for final hearing on 7th March 2006, the Division Bench passed an order appointing a Committee of three members consisting of Additional Collector, Sangli, Deputy Collector, Sangli -Miraj -Kupwada Municipal Corporation and the Tahsildar, Miraj, to record findings on the question with respect to the status of the subject land at the relevant time. The Committee has made its Report on 13th April, 2006 and has given its findings to the following effect : - "Finding of the Committee may be submitted for kind perusal of the Hon. High Court in short is as below : 1.Survey number 152 (survey number 152/1 and 152/2 sub -division of survey number 152) are in Sangli Municipal Council area as on 1712/76. 2.As per Master Plan sanctioned by the Government on 19 -1 -1966 survey number 152 was in Sangli Municipal Council area but not included in Master Plan. 3.As per the draft development plan published on 6 -1 -1972 survey number 152 w