M/S. JAIPRAKASH INDUSTRIES LTD. (PRESENTLY KNOWN AS M/S. JAIPRAKASH ASSOCIATES LTD.)versusDELHI DEVELOPMENT AUTHORITY
Case No.: CIVIL APPEAL No. 8336/2009
Decision Date: 05-04-2024
Disposal: Dismissed
Neutral Citation: 2024INSC273

ABHAY S. OKA*, PANKAJ MITHAL Issue for Consideration High Court had sanctioned the scheme for amalgamation of M/s. Jaiprakash Associates Pvt Ltd and M/s. Jaypee Rewa Cement, directing that the properties in the Schedule thereto which included four plots Jaiprakash Associates Pvt Ltd shall stand vested in M/s. Jaypee Rewa Cement-transferee (now known as the appellant). Whether amalgamation amounted to transferring the plots. Respondent- DDA’s demand for an unearned increase in the value (i.e. difference between the premium paid and the 

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