A. Specific Relief Act, 1963 (47 of 1963), Section 34 – Cancellation of allotment -- Forfeiture of amount – Suit for declaration that cancellation was null and void -- HUDCO was in breach of several obligations as contemplated in the Allotment Letter, viz. failure to execute documents for securing approval under the ULCR Act and the IT Act; failure to execute the sub lease agreement in favour of the Appellant and; failure to secure the approval of the revised layout plan for the construction of the hotel -- It is a settled position of law that a commercial document ought not to be interpreted in a manner that arrives at a complete variance with what may originally have been the intention of the parties -- Respondent No. 1/HUDCO, was in breach of its reciprocal contractual obligations, thereby disentitling them from forfeiting the monies already paid by the Appellant towards the first instalment as enshrined in Clause 5 (iii) of the Allotment Letter – Appellant has blatantly engaged in forum shopping, and considering that their overall conduct does not in any manner reflect an approach aligning with the clean hands doctrine, they are not entitled to grant of any discretionary relief of interest in their favour -- Appellant held entitled to a refund of the principal amount, without any interest.

(Para 42-47, 60)

B. Code of Civil Procedure, 1908 (V of 1908), Section 34 – Interest -- It is trite law that u/s 34 of the CPC, the award of interest is a discretionary exercise steeped in equitable considerations.

(Para 49)