Justice Anil Dev Singh restrained the Board from cancelling the allotment of houses in Sector 20 of Panchkula to these 24 officers, subject to the officers paying Rs 1.35 lakh within eight weeks.

The officers submitted that the Board invested around Rs 40 crore of the money they had deposited with it for the housing scheme in high-risk finance companies and lost approximately Rs 14 crore. Now to recover the losses, they allege, the Board had hiked the price of the flats by over Rs 2 lakh.