SC-Setting aside the order of the Patna HC,the Hon’ble SC held that the appellant as a State is required to act fairly in fixation of price for allotment of a plot. The order of the HC to direct the appellant to charge the price proportionate to the price advertised earlier has no legal basis and is a commercial decision taken by the appellant fixing the price of the plot. In the matter of fixation of price, the Board has a right to fix such price, more so, when such price was accepted by the respondent on three different occasions.The action of the respondent to dispute the allotment price after accepting the price is neither fair nor reasonable and so, cannot be accepted.-Hon'ble Justices L. Nageswara Rao and Hemant Gupta [13-09-2019]
Read the full judgment with iDRAF (Issue,Decision,Reasoning,Arguments,Facts)-https://www.legitquest.com/the-bihar-state-housing-board-vs-radha-ballabh-health-care-and-research-institute-(p)-ltd
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