A.P.Indl.Infrastructural Corp.Ltd.& ... vs M/S. Shivani Engineering Industeries

The Supreme Court upheld the decision of the Andhra Pradesh High Court, affirming the cancellation of the provisional allotment of an industrial plot to M/s Shivani Engineering Industries due to non-payment within the stipulated time as per the terms outlined in the allotment letter dated 20.6.2006. The Court emphasized that the Corporation had the right to cancel the allotment under the conditions specified, particularly noting the failure to pay the revised cost of Rs.84,27,600/- within the extended deadline. The judgment reinforced the principle that adherence to contractual obligations is essential for the validity of allotments made by state undertakings.