forfeiture of earnest money

one-sided agreements
Case BriefsSupreme Court

The Court reiterated that one-sided Agreements, as in the present case, would be covered by the definition of term “unfair trade practice”.

calcutta high court
Case BriefsHigh Courts

The Calcutta High Court stated that the terms of the e-auction notice explicitly stated the conditions of the sale, including the forfeiture clause in case of non-compliance by the bidder.