The Appellant filed a Writ Petition which came to be dismissed by the impugned Order dated 29th February, 2000.
The balance sum of Rs.
The extension was granted by a letter dated 8th August, 1996.
6,54,500/ .
4,00,000/ on 29th August, 1996 and Rs.
The Appellant thereafter paid sums of Rs.
At this auction sale the Appellant was the highest bidder.
19,63,545/ had to be paid, in terms of the auction sale, within 60 days of the said letter.
In terms of the companyditions of the auction sale the Appellant, on the same day, deposited a sum of Rs.
All these payments, even though, made beyond time were accepted by the Respondent.
1,50,000/ on 25th June, 1996, Rs.
The Appellant had number paid the entire amount payable in respect of that plot.
The Demand Letter was issued on 3rd January, 1996.
As per the terms of the auction sale the balance 75 of the amount had to be paid within 60 days from the issue of the Demand Letter.
1,39,000/ on 27th September, 1996 and Rs.
In spite of having accepted the delayed payments the plot was number delivered to the Appellant.
Only after receipt of the legal numberices the Respondent by letter dated 1st July, 1999 cancel the allotment and forfeit the earnest money of Rs.
1,40,000/ on 29th August, 1996.
5,50,000/ on 19th February, 1996.
3,10,000/ on 20th September, 1996, Rs.
The Appellant then asked for extension of time to make the balance payment.
This amount was also accepted by the Respondent.
Thereafter the Appellant again asked for extension of time by a letter dated 2nd July, 1996.
By a letter dated 2nd September, 1996 the Appellant again sought an extension of time.
The Appellant deposited a sum of Rs.
To this letter there was numberreply.
6,54,500/ .
Thereafter the Appellant also paid interest on the delayed amounts at the rate of 25 per annum.
By a letter dated 29th March, 1996 the Appellant was granted extension of time subject to payment of interest at the rate of 18 per annum.
1,34,500/ on 27th September, 1996.
Briefly stated the facts are as follows The Respondent held an auction sale on 28th November, 1995.
N. VARIAVA, J. Leave granted.
The Appellant, therefore, sent legal numberices on 22nd June, 1999 and on 29th June, 1999.
1,40,000/ on 17th September, 1996, Rs.
Heard parties.
LITTTTTTTJ This Appeal is against an Order dated 29th February, 2000 by which the Writ Petition filed by the Appellant has been dismissed.
However, if sufficient cause was shown then the Chairman companyld extend time up to a maximum period of 180 days, subject to payment of interest on the balance amount at the rate of 18 per annum.
