fact that such document contains a recital of the payment of any earnest money or of the whole or any part of the purchase money
when he properly declines to accept the delivery, also for the earnest (if any) and for the costs (if any) awarded
Lakhs), being 25%
of the bid amount, with the DDA, this being earnest money under the terms
of the conditions of auction. The relevant provisions ... through the officer conducting the auction, 25% of
the bid amount as earnest money either in cash or by Bank Draft in favour
paid in cash as earnest money by the
attorney holder of the purchaser to the attorney holder of the vendor.
(iv) The sale ... vendor committed default, he had to pay double the amount of
earnest money to the purchaser and if the purchaser committed any default
that Rs. 1,000/- wire paid
to him as earnest money at the time of the execution of the
agreement. The conditions of the agreement ... March 21, 1949 and referred to in the
agreement as 'earnest money' and Rs. 24,000/- agreed to be
paid by the defendant
Power to grant relief for possession, partition, refund of earnest money, etc.—
(1) Notwithstanding anything to the contrary contained in the Code of Civil Procedure ... relief to which he may be entitled, including the refund of any earnest money or deposit paid or made by him, in case his claim
refund of any sum paid by the vendee or lessee as earnest money or deposit in connection with the contract. (3) If the purchaser
loss is proved to
have been caused thereby", meaning of--Earnest money, what
is.
HEADNOTE:
The appellant entered into a contract with the
respondent ... application and that the deposits so made could be
regarded as earnest money.
HELD: The High Court was., in error in disallowing the
appellant
following stipulation was
incorporated:
"The acceptance of application form and earnest money does
not place the corporation under any obligation to allot ... will not confer any legal
right either to claim interest on the earnest money remaining
with the Corporation or for the allotment of residential plots
India: Articles 226 and 136.
Railway contract-Tender notice-Conditions-Payment of
earnest money stipulated by cash or demand draft drawn on a
specified bank ... conditions mentioned in the tender notice was that the
earnest money should be deposited by cash or by demand draft
drawn of the State Bank