Supreme Court · 2009 INSC 1306 · Decided 15 December 2009
Haryana Financial Corporation & ANR. v. Rajesh Gupta
- Court
- Supreme Court of India
- Citation
- 2009 INSC 1306 · [2009] 16 S.C.R. 456
- Case number
- CIVIL APPEAL No. 829/2003
- Decided
- 15 December 2009
- Bench
- J.M. PANCHAL, S.S. NIJJAR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 12; Transfer of Property Act
Headnote
S.C.R. 456 " A HARYANA FINANCIAL CORPORATION & ANR. v. RAJESH GUPTA (Civil Appeal No. 829 of 2003) B DECEMBER 15, 2009 [J.M. PANCHAL AND SURINDER SINGH NIJJAR, JJ.J Contract: c Auction sale - Forfeiture of earnest money - Highest bidder depositing earnest money for auctioned D further amount - Earnest money forfeited by State Financial Corporation - HELD: The bidder has not failed to comply with • conditions of sale - It is the Corporation which, though being the instrumentality of State, acted unfairly - It was incumbent upon the Corporation to disclose to the
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