Delhi Development Authority vs P.R. Samanta

The Supreme Court addressed the appeal under Section 55 of the Monopolies and Restrictive Trade Practices Act, 1969, concerning the reasonableness of interest on a registration deposit. The Court held that the appellant, Delhi Development Authority, was bound by the terms of the scheme which stipulated a 7% interest rate on refunds, as agreed upon by the respondent. The Court dismissed the respondent's claim for a higher interest rate of 15%, affirming the Commission's decision that the terms were clear and binding.