https://www.taxtmi.com/caselaws?id=197092 The Supreme Court modified the High Court's decision in a case concerning the refund of earnest money following a land cost increase. The Court held that the respondents had accepted the offer with the enhanced premium rate, justifying the forfeiture of earnest money. The appellant was directed to refund the excess amount to the respondents, excluding the earnest money. Failure to comply would result in the respondents being entitled to interest, with no costs awarded in the case. en-us Mon, 20 Feb 1995 00:00:00 +0530 Tue, 26 Dec 2017 12:59:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197092 The Supreme Court modified the High Court's decision in a case concerning the refund of earnest money following a land cost increase. The Court held that the respondents had accepted the offer with the enhanced premium rate, justifying the forfeiture of earnest money. The appellant was directed to refund the excess amount to the respondents, excluding the earnest money. Failure to comply would result in the respondents being entitled to interest, with no costs awarded in the case. Case-Laws Indian Laws Mon, 20 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197092