Supreme Court · 1995 INSC 118 · Decided 20 February 1995
Delhi Development Authority v. Grihasthapana Co-Operative Group Housing Society LTD.
- Court
- Supreme Court of India
- Citation
- 1995 INSC 118 · [1995] 2 S.C.R. 115
- Case number
- CIVIL APPEAL No. 931/1995
- Decided
- 20 February 1995
- Bench
- S.C. AGRAWAL, B.L. HANSARIA, SUJATA V. MANOHAR (3-judge bench)
- Case type
- Civil
Headnote
A B Delhi Development Authority (Disposal of Developed Nazul land) Amendment Rules. 1981-Rule 24(2)-Forfeiture of earnest money paid by C the allottee who refused to accept the allotment of land at enhanced price-Validity of. Words and phrases--!'Eamest money''-Meaning of. The appellant authority co- operative group housing societies at Dwarka, Phase-I and Narela @ Rs. 975 and Rs. 950 per sq. meter respectively. The interested societies were required to deposit D Rs. 5 Iakh as earnest money. However, before possession was delivered the appellant authority enhanced the premium to Rs.
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