The Vice Chancellor Ranchi University vs Jharkhand State Housing Board Th ...

The Supreme Court upheld the High Court's decision to set aside the Single Judge's order, affirming that the Ranchi University was in default of payment under the allotment agreement for the housing colony as per the terms set forth. The Court emphasized that the University had failed to pay the remaining installments and accrued interest, leading to the cancellation of the allotment by the State Housing Board under the relevant state law. The judgment clarified the obligations of the University under the allotment agreement and the consequences of non-compliance.