S. Paramjeet Singh deposited 50% of the premium of Rs.4,15,000/- (Rupees four lakhs fifteen thousand only) within 30 days after issue of the letter of intent dated 26.05.1999. He did not pay the balance 50% of the premium. (Para 3)
One letter written by Respondent no. 1 – S. Paramjeet Singh, dated 23.05.2001, which refers to the communication dated 02.05.20013, wherein he was asked to make the balance payment of 50% of the premium. Balance 50% of the premium amount was not deposited till 2010.Earlier JDA had cancelled the allotment. Accordingly, the appellant – JDA issued an advertisement on 09.12.2010 for a fresh auction, which was published/advertised on 11.12.2010 in newspapers. (Para 4)
The defaults and failure to pay the consideration on the part of Respondent no. 1 – S. Paramjeet Singh are apparent and do not even warrant elucidation. Original Writ Petition (OWP) no. 1483/2010 preferred by S. Paramjeet Singh should have been dismissed. It is pointed out to us that respondent no. 2 – Vivek Mahajan had deposited an earnest money of Rs.2,71,000/- (Rupees two lakhs seventy one thousand only). The balance money has not been paid. (Para 6)
To balance out the equities, we direct that respondent no. 2 – Vivek Mahajan will be refunded Rs.2,71,000/- (Rupees two lakhs seventy one thousand only) along with simple interest at the rate of 15% per annum. Earnest money paid by the respondent no. 1 – S. Parmjeet Singh will be forfeited and will not be refunded. Rs.4,15,000/- (Rupees four lakhs fifteen thousand only), less the earnest money deposited by Respondent no. 1 – S. Paramjeet Singh, will be refunded to him with simple interest at the rate of 8% per annum with effect from 01.01.2001. The impugned judgment is set aside and the appeal is allowed and disposed of in the above terms. (Para 8)
SUPREME COURT OF INDIA
2023 STPL(Web) 356 SC
[2023 INSC 922]
Jammu Development Authority Vs. S. Paramjeet Singh & Anr.
Civil Appeal No. 6741 Of 2023 (Arising Out Of SLP(C) No. 4050 Of 2023) With Civil Appeal No. Of 2023 (Arising Out Of Slp(C) No. 9019 Of 2023)-Decided on 13-10-2023
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