R.K. SAXENA vs DELHI DEVELOPMENT AUTHORITY

The Supreme Court held that the acceptance of delayed payments by the Respondent constituted a deemed extension of time for payment under the auction sale terms. The Court found that the Appellant had deposited the entire amount due within a reasonable time frame, and the subsequent acceptance of interest on delayed payments further validated the Appellant's position. The Court overturned the High Court's dismissal of the Writ Petition, ruling that the forfeiture of the earnest money was unjustified and ordered the delivery of the plot to the Appellant.