Search Results for "forfeiture of earnest money"

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Supreme Court

Earnest Money Forfeiture – Contractual Obligations – One-Sided Agreements – Consumer Protection

3 Feb 2025

Forfeiture Clause – Valid But Limited to 10% of BSP – Contractual forfeiture of 20% BSP was excessive – Courts can interfere with unfair and one...

High Court

Plaintiff’s Suit for Property Possession Upheld. Court Rules in Favor of Plaintiff’s Ownership Claim Despite Defendants’ Incomplete Sale Agreement Defense

28 Jun 2024

This appeal was filed against the judgment and decree of the 2nd Ad-hoc Additional District Judge, Wardha, which overturned the decision of the Civil ...

Supreme Court

Supreme Court Allows Consumer's Appeal in Real Estate Dispute, Setting Aside NCDRC Order and Granting Refund with Interest. The court upheld the consumer's right to terminate the agreement due to delay in possession and directed refund as per contractual terms under the Consumer Protection Act, 2019.

22 Feb 2024

The dispute arose from a consumer complaint filed by the appellants before the National Consumer Disputes Redressal Commission (NCDRC) regarding delay...

Supreme Court

Supreme Court Allows Appellant in Mining Auction Dispute Due to Arbitrary Forfeiture of Earnest Money. Writ Jurisdiction Exercised Under Article 226 of the Constitution as Government Action Was Unreasonable and Facts Were Undisputed, Directing Refund of Forfeited Amount.

2 Mar 2023

The dispute arose from a mining auction conducted by the Directorate of Mining, Industries and Commerce Department, Chandigarh, Punjab. The appellant,...

Supreme Court

Supreme Court Quashes Indefinite Blacklisting Order for Misbranded Veterinary Medicine — Show Cause Notice Lacked Specific Warning of Blacklisting and Appellant Was Not the Direct Supplier. The Court held that an indefinite blacklisting order without proper notice and without the appellant being a direct supplier is void ab initio and cannot be sustained.

11 Dec 2020

The appellant, Vetindia Pharmaceuticals Limited, a licensed drug manufacturer, was blacklisted indefinitely by the State of Uttar Pradesh on 08.09.200...

Supreme Court

Supreme Court Upholds Refund Order in Unfair Trade Practice Case, Denies Specific Performance. Forfeiture of Earnest Money Upheld Due to Buyer's Default Under Clause 10 of Plot Buyer's Agreement.

7 Mar 2019

The appellant, Sudha Gupta, filed an appeal under Section 53T of the Competition Act, 2002 read with Section 55 of the repealed Monopolies and Restric...

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