S.M.S. SANDHU vs CHANDIGARH ADMINISTRATION .

The Supreme Court upheld the decision of the Punjab and Haryana High Court, affirming the demand for interest at 24% on delayed payment of instalments under the Chandigarh Leasehold of Sites and Buildings Rules, 1973, specifically citing amended sub-rule (3) of Rule 12. The Court established that the appellant's failure to pay the remaining premium on time justified the interest rate, despite the appellant's claim that the rate should be 12% as per earlier conditions. The Court held that the appellant had been enjoying the property without fulfilling payment obligations, thus the High Court's refusal to interfere with the interest demand was justified.