High Court of Karnataka Dismisses IDBI Bank's Appeal Against KIADB's Cancellation of Land Allotment for Non-Compliance with Allotment Conditions. The Court held that the allotment letter did not create any vested right in the appellant and that the KIADB was justified in cancelling the allotment due to the appellant's failure to pay the balance consideration and execute the lease-cum-sale agreement within the stipulated time.
28 Apr 2026The appellant, IDBI Bank Limited, filed a writ petition before the High Court of Karnataka challenging the communication dated 20.12.2022 issued by th...
