M/S JAIPRAKASH INDUSTRIES LTD. (PRESENTLY KNOWN AS JAIPRAKASH ASSOCIATES LTD.) vs DELHI DEVELOPMENT AUTHORITY THROUGH ITS VICE CHAIRMAN — C.A. No. 8336/2009
Case under Company Law, Sick Industries Including Disinvestment : Company Law, Sick Industries Including Disinvestment Section XIV-A. Status: DISPOSED.
CNR: SCIN010332372007
Filing Date
15-Nov-2007
Registration No
C.A. No. 8336/2009
Diary Number
33237/2007
Order Date
05-Apr-2024
Document Type
Judgement - of Main Case
Neutral Citation
2024 INSC 273
Disposal Type
Dismissed
Data as of 03-Jul-2026
Acts & Sections
Petitioner(s)
M/S JAIPRAKASH INDUSTRIES LTD. (PRESENTLY KNOWN AS JAIPRAKASH ASSOCIATES LTD.)
Adv. SHARMILA UPADHYAY
Respondent(s)
DELHI DEVELOPMENT AUTHORITY THROUGH ITS VICE CHAIRMAN
Adv. MALVIKA KAPILA[R-1]
Hearing History
Judge: HON'BLE MR. JUSTICE ABHAY S. OKA and HON'BLE MR. JUSTICE UJJAL BHUYAN
Fixed Date by Court
Fixed Date by Court
Fixed Date by Court
After Week/Month/Vacation
After Week/Month/Vacation
| Date | Purpose |
|---|---|
| 05-Apr-2024 | Fixed Date by Court |
| 09-Feb-2024 | Fixed Date by Court |
| 04-Oct-2023 | Fixed Date by Court |
| 21-Sep-2023 | After Week/Month/Vacation |
| 21-Sep-2023 | After Week/Month/Vacation |
Orders
Case Summary The Supreme Court of India dismissed Jaiprakash Associates Ltd.'s appeal against the Delhi Development Authority's demand for unearned increase value of Rs. 2,13,59,511.20 following an amalgamation of two companies in 1986. The Court held that the amalgamation constituted a "transfer" under the perpetual lease deed clause II(4)(a), triggering the lessor's right to recover 50% of the unearned increase in property value, and that this obligation flows directly from the lease deed terms, not merely from DDA policy instructions. This case analysis is maintained by casestatus.in based on publicly available court records.
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