Contract Law with Letter of Intent

Supreme Court Upholds Auction Cancellation for Non-Payment: Jammu Development Authority vs. S. Paramjeet Singh (2023)

Supreme Court Upholds Auction Cancellation for Non-Payment: Jammu Development Authority vs. S. Paramjeet Singh (2023) LEGAL ISSUE: Whether the Jammu Development Authority (JDA) was justified in canceling the allotment of a plot due to non-payment of the full premium amount by the auction winner. CASE TYPE: Civil Law, Property Law, Auction Law. Case Name: Jammu […]

Supreme Court Upholds Auction Cancellation for Non-Payment: Jammu Development Authority vs. S. Paramjeet Singh (2023) Read Post »

Supreme Court clarifies conditions for lease agreement execution in Paulmech Infrastructure vs. State of Orissa (2021)

Supreme Court clarifies conditions for lease agreement execution in Paulmech Infrastructure vs. State of Orissa (2021) LEGAL ISSUE: Whether a Letter of Intent (LOI) for a lease agreement can be terminated if the upfront payment is not made within the stipulated time, even if subsequent payments are accepted. CASE TYPE: Contract Law, Lease Agreement Dispute

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