I.B., C. - (1.)The 4th respondent in W.P.No. 8084 of 2017 (hereinafter referred to as 'the Company') was incorporated in 2006 as Disc Agro Tech Ltd and later renamed as Disc Assets Lead (India) Ltd.
(2.)The company floated land purchase schemes, which schemes could broadly be classified as Cash down land purchase scheme and scheme of land purchase by instalments.
(3.)As per the aforesaid schemes, investors have entered into agreements with the company by booking land of different sizes and by starting to make payments in instalments.