Haryana State Industrial Development ... vs M/S Cork Manufacturing Co

The Supreme Court held that the appellant's order of resumption of the plot was valid as the respondent failed to comply with the conditions of the allotment agreement, specifically not starting commercial production within the stipulated time frame as per the agreement dated 12.2.1988. The Court emphasized that the forfeiture of the deposit was justified under the terms of the agreement, and the respondent's claims regarding the illegality of the resumption order were dismissed. The appeal was allowed, affirming the resumption of the plot and the rejection of the respondent's suit for injunction.