Supreme Court of India

Delhi Development Authority v. Nalwa Sons Investment Ltd. and Anr.

Neutral citation
Bench A. M. Khanwilkar and Ajay Rastogi JJ.
Decided 24 April 2019

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.

2 Supreme Court benches have cited this judgment.

What the Court ordered

In view of the above, we allow the present appeal and set aside the impugned order dated August 16, 2012 passed in W.P.(C)1885/2011.

Judgment, page 13

From the headnote

Lease – Lease deed – Recovery of unearned increase (UEI) in the value of the commercial plot at the time of sale, transfer assignment – Respondent no.1-public Ltd. company was allotted a commercial plot by the appellant-DDA – Pursuant thereto, a perpetual lease deed was executed by the appellant in favour of respondent no.1 – Respondent no.1 and respondent no.2 entered into an arrangement and invited an order of demerger from the Company Judge, of the High Court – The order of demerger was passed – Consequent to which, all the assets rights, powers, debts and liabilities of respondent no.1…

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