IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.1128 of 2008 Ramjee Singh son of Ram Parikshan Singh Resident of village Bhika Chak P.O.- anisabad Police Station Gardanibagh District- Patna, at present residing in Village namely Billour, Police Station Barh District Patna. Versus 1. The Bihar State Housing Board, Patna, Sardar Patel Marg, Through its Chairman. 2. The Managing Director, Bihar State Housing Board, Patna (Bihar) 3. The Secretary/Accounts Officer, Bihar State Housing Board, Patna. 4. The Estate Officer, Bihar State Housing Board, Patna. ----------- 5 20.07.2011 The present writ application has been filed for payment of interest on the earnest money which was kept by the Bihar State Housing Board from 07.01.1981 to 18.07.2007. It is submitted that the petitioner deposited Rs.2000/-as earnest money on 07.01.1981 in the State Bank of India, Secretariat Branch through the collection account of Bihar State Housing Board for allotment of house/flat and the said earnest money was returned on 18.7.2007 to the petitioner, since, the allotment was not made. Learned counsel for the Housing Board submits that Clause 45 of the Bihar State Housing Board Regulation, 1983 envisages 5% simple interest on the 2 earnest money deposited by the applicants. It is further submitted that the interest will only be payable after coming into force of the Bihar State Housing Board Rules, 1983. It is further submitted by learned counsel for the petitioner that prior to coming into the force of the said Rule, the rate of interest was 4%. In the circumstances, the writ application is disposed off with the direction to the Housing Board to calculate the rate of interest prior to 1983 at the old rate of 4% and from 1983 till the date of the return of the payment of interest at the rate of 5%. The said money should be paid to the petitioner within a period of two month. Amrendra/ ( Dinesh Kumar Singh, J)