Supreme Court of India
New Okhla Industrial Development Authority & Anr. v. Arvind Sonekar
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What the Court ordered
In view of the foregoing reasons, it would be clear that the offer letter of 1993 for allotment of a plot made by the Neida authorites could not be treated as a concluded contract and therefore, it was not at all an allotment letter.
Judgment, page 9
From the headnote
Monopolies and Restrictive Trade Practices Act - ss. 10 (a)(i)(1), 36A and 13 - Scheme of allotment of plot by Naida c Authorities - Allotment letter to applicant in 1993 - Allotment @ Rs. 36001- per sq. mtr. - Deposit of 20% allotment money at the said rate - Petition by applicant alleging restrictive trade practices and unfair trade practices and seeking benefit of old rate-Rs. 27501- per sq. mtr. - Upheld by MRTP Commission directing the Authorities to refund the excess amount charged .l - Sustainability of - Held: Not sustainable since contract was concluded by execution of lease deed
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