Supreme Court · 2019 INSC 564 · Decided 24 April 2019

Delhi Development Authority v. Nalwa Sons Investment LTD. and ANR.

Court
Supreme Court of India
Citation
2019 INSC 564 · [2019] 6 S.C.R. 783
Case number
CIVIL APPEAL No. 4260/2019
Decided
24 April 2019
Bench
A.M. KHANWILKAR, AJAY RASTOGI (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil

Headnote

Lease - Lease deed - Recovery of unearned increase (UEI) in the value of the commercial plot at the time of sale, transfer assignment - Respondent no.1-public Ltd. company was allotted a commercial plot by the appellant-DDA - Pursuant thereto, a perpetual lease deed was of respondent no.1 - Respondent no.1 and respondent no.2 entered into an arrangement and invited an order of demerger from the Company Judge, of the High Court - The order of demerger was passed - Consequent to which, all the assets rights, powers, debts and liabilities of

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