https://www.taxtmi.com/caselaws?id=111926 The Supreme Court affirmed that the Ghaziabad Development Authority did not engage in "unfair trade practice" by not allotting a plot to the appellant, as she was unsuccessful in the draw of lots. The appellant was not entitled to a specific plot, only to a refund of the deposited amount with interest. The Court increased the interest rate from 5% to 18% due to the extended period the GDA held the appellant's money. The appeals were allowed in part, with no order as to costs. en-us Fri, 29 Aug 2008 00:00:00 +0530 Wed, 14 Aug 2013 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111926 The Supreme Court affirmed that the Ghaziabad Development Authority did not engage in "unfair trade practice" by not allotting a plot to the appellant, as she was unsuccessful in the draw of lots. The appellant was not entitled to a specific plot, only to a refund of the deposited amount with interest. The Court increased the interest rate from 5% to 18% due to the extended period the GDA held the appellant's money. The appeals were allowed in part, with no order as to costs. Case-Laws Companies Law Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111926