Supreme Court · 2015 INSC 22 · Decided 9 January 2015
M/S. Kailash Nath Associates v. Delhi Development Authority & ANR.
- Court
- Supreme Court of India
- Citation
- 2015 INSC 22 · [2015] 1 S.C.R. 627
- Case number
- CIVIL APPEAL No. 193/2015
- Decided
- 9 January 2015
- Bench
- RANJAN GOGOI, R.F. NARIMAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution; Contract Act
Headnote
Contract Act, 1872 - Public auction - Earnest money - Forfeiture of - Appellant, highest bidder for plot deposited 25% A B of the bid amount-earnest money (Rs 78 lakhs) with ODA - C Balance 75% was to be deposited within three months - Extension of time for payment by DOA twice - Thereafter, by the appellant to DOA but no response - Subsequently, letter written by ODA to the appellant that his case was referred to UOI for its approval for condoning the D delay, case being one of Nazul land, which was later declared by the Central Government as non-Nazul land - On DDA's request,
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