https://www.taxtmi.com/caselaws?id=111830 A development authority's cancellation of an allotted plot was treated as arbitrary and an unfair trade practice where the allottee had been issued a reservation/allocation letter, paid the full consideration, and was shown to have been treated as a successful allottee. The statutory forum could grant redress for such unfair trade practice by damages or compensation, but it had no jurisdiction to compel delivery of immovable property or an alternative plot in the nature of specific performance. The direction to hand over a plot was therefore set aside, and the matter was remanded for reconsideration of compensation and refund with interest. en-us Wed, 14 May 2008 00:00:00 +0530 Fri, 12 Jan 2018 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111830 A development authority's cancellation of an allotted plot was treated as arbitrary and an unfair trade practice where the allottee had been issued a reservation/allocation letter, paid the full consideration, and was shown to have been treated as a successful allottee. The statutory forum could grant redress for such unfair trade practice by damages or compensation, but it had no jurisdiction to compel delivery of immovable property or an alternative plot in the nature of specific performance. The direction to hand over a plot was therefore set aside, and the matter was remanded for reconsideration of compensation and refund with interest. Case-Laws Companies Law Wed, 14 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111830