Tamil Nadu Housing Board, Rep. By Its ... vs S.Ganesan

The Supreme Court examined whether the Tamil Nadu Housing Board's cancellation of the allotment due to non-payment of initial deposit was justified. The respondent had participated in an open auction and was declared the highest bidder but failed to pay the required deposit within the stipulated time, leading to cancellation. The Court considered the Board's subsequent allowance of arrears payment as a special case and the legal implications of such actions. Ultimately, the Court upheld the validity of the cancellation, emphasizing the importance of adhering to auction conditions and deposit deadlines.