NCLT: Suspended Directors Who are Prospective Resolution Applicants Cann’t Access Valuation Reports  ||  Supreme Court Clarifies Test For Granting Bail to Accused Added at Trial under Section 319 CrPC  ||  SC: Fresh Notification For Vijayawada ACB Police Station not Required After AP Bifurcation  ||  SC: Studying in a Government Institute Does Not Create an Automatic Right to a Government Job  ||  NCLT Mumbai: CIRP Claims Cannot Invoke the 12-Year Limitation Period For Enforcing Mortgage Rights  ||  NCLAT: Misnaming Guarantor as 'Director' in SARFAESI Notice Doesn't Void Guarantee Invocation  ||  Jharkhand HC: Mere Breach of Compromise Terms by an Accused Does Not Justify Bail Cancellation  ||  Cal HC: Banks Cannot Freeze a Company's Accounts Solely Due To ROC Labeling a 'Management Dispute'  ||  Rajasthan HC: Father’s Rape of His Daughter Transcends Ordinary Crime; Victim’s Testimony Suffices  ||  Delhi HC: Judge Who Reserved Judgment Must Deliver Verdict Despite Transfer; Successor Can't Rehear    

Search Results for Tag : Earnest Money

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Delhi HC: Arbitrator Can’t Allow Forfeiture of Consideration Amount Without a Proof of Actual Loss(23.05.2022)

Delhi High Court has held that the arbitrator cannot allow forfeiture of a substantial amount of consideration without the proof of actual loss solely.....

Tags : Delhi High Court, Earnest Money, Arbitration



Kar HC: Rule 9(5) Has Mandatory Application if Auction Purchaser is Unable to Pay Sale Consideration(18.10.2024)

Kar. HC has held that Rule 9(5) of the Security Interest (Enforcement) Rules, 2002 providing for forfeiture of the earnest money has mandatory applica.....

Tags : Karnataka High Court, Earnest Money, Sale Consideration



SC: Plaint May be Amended at Any Stage of Proceedings to Enable Plaintiff to Seek Alternative Relief(05.05.2025)

Supreme Court has observed that the plaint may be amended at any stage of the proceedings to enable the plaintiff to seek an alternative relief, inclu.....

Tags : Supreme Court, Alternative Relief, Earnest Money



SC: Clause for Forfeiture of Earnest Money is Not Penal in Ordinary Sense(05.05.2025)

Supreme Court has observed that a clause for the forfeiture of earnest money is not penal in the ordinary sense, rendering Section 74 of the Indian Co.....

Tags : Supreme Court, Earnest Money, Section 74



SC: Forfeiture of Earnest Money Impermissible When Both Buyer and Seller are at Fault(06.01.2026)

Supreme Court held that forfeiture of earnest money is impermissible when both buyer and seller are at fault in performing the contract, as such forfe.....

Tags : Forfeiture, Earnest Money, Buyer



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