KAR.INDUST.AREAS DEV.BOARD vs M/S PRAKASH DAL MILL .

The Supreme Court addressed the appeals against the Karnataka High Court's judgment regarding the allotment of industrial sites by the Karnataka Industrial Areas Development Board. The Court held that the respondents had fulfilled their obligations under the lease-cum-sale agreements, and the Board's delay in executing sale deeds constituted a breach of contract. The Court emphasized that the final price determination by the Board must adhere to the terms of the agreement, thus ruling in favor of the respondents and directing the Board to execute the sale deeds accordingly.