Supreme Court Fines Man Rs. 10 Lakh for Resisting Possession
The Supreme Court imposed a fine of Rs 10 lakh on appellant Prem Aggarwal for unduly resisting property possession despite receiving Rs 2 crore in compensation.
The court dismissed his suit for specific performance concerning an agreement to sell from 1989, originally valued at Rs 14.50 lakh with an earnest money payment of Rs 25,000.
Some litigants, it seems, cannot take! yes for an answer.
- The original property value was Rs 14.50 lakh.
- Earnest money paid in 1989 was Rs 25,000.
- Compensation awarded was Rs 2 crore.
- Fine imposed for resisting possession was Rs 10 lakh.
A bench of Justices Vikram Nath and Sandeep Mehta observed that the man "shot himself in the foot" by refusing to vacate the premises.
Author's summary: Man fined for resisting property possession despite massive compensation.
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