2026 (2) TMI 506

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....r the Respondent(s) : C.S.C., Krishna Mohan Asthana ORDER 1. Heard learned counsel for the petitioner; Shri Devesh Vikram, learned Additional Chief Standing Counsel appearing for the State-respondents and Ms. Raavi Mishra, learned counsel holding brief of Shri K.M. Asthana, learned cousnel for the respondent - Mordabad Development Authority (MDA). 2. The instant writ petition has been pre....

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...., pursuant to a License Agreement dated 08.12.2023, which fixed an annual license fee of Rs. 1,21,25,000/- with a 5% annual escalation. It is the petitioner's case that the said agreement did not clearly specify the inclusion or method of calculation of Goods and Services Tax (GST). Despite having made substantial investments and continuing operations, delay in payment occurred due to confusio....

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....e. 4.1. She submits that the petitioner-firm has never deposited the full amount of any installment within the stipulated time. Against the total payable license fee of Rs. 3,15,40,156/-, the petitioner has deposited only Rs. 2,22,66,730/- till date. Apart from this, GST at the rate of 18% and interest on delayed payments are also payable as per the terms of the agreement. 4.2. Despite repea....

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....ugned notice dated 17.12.2025, and all rights granted to the petitioner-firm thereunder were cancelled. 5. Having heard learned counsel for the parties and upon perusal of the record, we have proceeded to examine the factual and legal matrix of the case. We find that the License Agreement dated 08.12.2023 entered into between the parties is a binding contractual document governed by its own exp....