Tag Archives: deposit

High denomination currency notes withdrawn: Govt.

With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities such as espionage, smuggling of arms, drugs and other contrabands into India, and for eliminating … Continue reading

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Seller is entitled to forfeit earnest money deposit where the sale of an immovable property falls through by the fault of purchaser: SC

The Supreme Court of India clarified that the seller is entitled to forfeit the earnest money deposit where the sale of an immovable property falls through by reason of the fault or failure of the purchaser. The question whether the … Continue reading

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