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february 2015

Supreme Court of India · 2015-02-25

A.P.INDL.INFRASTRUCTURAL CORP.LTD. vs M/S. SHIVANI ENGINEERING INDUSTERIES

Citation / case number
SC 2013/34967
Court
Supreme Court of India
Petitioner
A.P.INDL.INFRASTRUCTURAL CORP.LTD.
Respondent
M/S. SHIVANI ENGINEERING INDUSTERIES
Author
V.GOPALA GOWDA
Bench
R. BANUMATHI V. GOPALA GOWDA

Judgment text excerpt

The Supreme Court upheld the decision of the Andhra Pradesh High Court, affirming that the respondent, M/s. Shivani Engineering Industries, failed to make the payment for the allotted industrial plot within the stipulated 90 days as per the provisional allotment letter dated 20.6.2006. The Court emphasized that the terms of the allotment were clear, and the failure to comply with the payment conditions led to the cancellation of the allotment. Consequently, the appeal by the Andhra Pradesh Industrial Corporation Ltd. was dismissed, maintaining the High Court's ruling.

A.P.INDL.INFRASTRUCTURAL CORP.LTD. vs M/S. SHIVANI ENGINEERING INDUSTERIES · Niyam