#Refund of Security Deposit

Karnataka High Court rules that joint development agreements lacking precise specifications fail the 'readiness and willingness' test under Section 14(3)(c) of the Specific Relief Act, rendering them unenforceable. Developers risk forfeiture of security deposits if terms are not clearly defined, reinforcing strict compliance for contract enforcement.

Bombay High Court rules that electricity suppliers cannot recover minimum guarantee charges post-permanent disconnection, even if paid during temporary disconnection. The judgment also invalidates one-time settlement (OTS) approvals without consumer consent and mandates security deposit refunds, reinforcing consumer protection in electricity supply agreements.