Supreme Court · 2021 INSC 96 · Decided 17 February 2021
Unitech Limited & ORS. v. Telangana State Industrial Infrastructure Corporation (Tsiic) & ORS.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 96 · [2021] 1 S.C.R. 1064
- Case number
- CIVIL APPEAL No. 317/2021
- Decided
- 17 February 2021
- Bench
- D.Y. CHANDRACHUD, M.R. SHAH (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226; Stamp Act
Headnote
Contract: Tender - APIIC invited bids to develop, design and construct an integrated township/aerospace park in area of 350 acres of land - Unitech was successful bidder - In LOA, allotment of land was subject to outcome of a pending litigation - Pursuant to acceptance of LOA, Unitech by various instalments paid Rs. 165 crores: Rs. 140 towards cost of land, Rs. 20 crores towards earnest money deposit and Rs. 5 crores toward project development expenses - On
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