Sudhakar Tiwari vs Delhi Development Authority on 4 February, 2016

1. As per the award dated November 13, 2014, the appellant has been
awarded a sum of `2,62,000/- (Rupees Two Lacs and Sixty Two Thousand
only); being the earnest money lying deposited with the Delhi Development
Authority. The Delhi Development Authority has been awarded a sum of
`22,63,361/- (Rupees Twenty Two Lacs Sixty Three Thousand Three
Hundred and Sixty One only) towards outstanding license fee payable by the
appellant + pre-claim interest in sum of `8,13,150/- (Rupees Eight Lacs
Thirteen Thousand One Hundred and Fifty only). Pendente lite interest till
publication of the award in favour of the Delhi Development Authority has
been awarded @ 15% per annum. The earnest money payable by the Delhi
Development Authority to the appellant has been directed to be adjusted.
Challenge thereto before the learned Single Judge has failed vide impugned
order dated March 20, 2015.

Source: Indian Kanoon

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