Supreme Court of India
Delhi Development Authority v. M/s. Karamdeep Finance & Investment (i) Pvt. Ltd. & Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
In the result, we are unable to hold that the two clauses on which the learned Judges base their conclusion are really inconsistent with the earlier clauses which support the view that the grant under Exhibit B is of a distin ct Patni.
Judgment, page 19
From the headnote
Transfer of Property: Leasehold property – Acquired under Chapter XXC of the Income Tax Act – Income Tax Department paid amount towards unearned increase of market value to Delhi Development Autho rity (DDA) – Thereafter the property was put to auction, through the department of Revenue in which respondent was the highest bi dder – Sale deed was executed in favour of the respondent – T hereafter respondent moved application with DDA for conversion of lease- hold rights in the plots into freehold rights and also deposited amount towards conversion charges – DDA, thereupon demanded an amount
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