Industrial Assistance Group ... vs Shri Ashutosh Ahluwalia And Anr.

The Supreme Court upheld the Monopolies & Restrictive Trade Practices Commission's order directing the allotment of a plot measuring not less than 500 sq. mts. to the 1st Respondent at the rate of Rs. 750 per sq. mts., as per the provisions of Section 12(B) and Section 36A of the Monopolies & Restrictive Trade Practices Act, 1969. The Court emphasized that the allotment was a concluded contract and the cancellation was unjustified. The Court also mandated compensation in the form of interest at 18% per annum on the earnest money paid by the 1st Respondent, reinforcing the principle of fair trade practices.