Supreme Court of India

Unitech Limited & Ors. v. Telangana State Industrial Infrastructure Corporation (tsiic) & Ors.

Neutral citation
Reported as [2021] 1 S.C.R. 1064
Bench Dr. Dhananjaya Y Chandrachud and M. R. Shah JJ.
Decided 17 February 2021

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.

1 Supreme Court bench has cited this judgment.

What the Court ordered

For the above reasons, the appeals shall stand disposed of in the following terms: (i) The Development Agreement stands impounded and shall be forwarded by TSIIC within two weeks to the competent authority for registration and for assessment of stamp duty.

Judgment, page 46

From the 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, it was stipulated that the allotment of land was subject t o outcome of a pending litigation – Pursuant to acceptance of LOA, Unitech by various instalments paid Rs. 165 crores: Rs. 140 tow ards cost of land, Rs. 20 crores towards earnest money deposit and Rs. 5 crores toward project development expenses – On 19.12.2011 , decision was given by High Court in pending litigation in State of Andhra Pradesh through

Where later benches applied it

Of those, 1 referred to

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