VidhiSangh

Supreme Court of India · 04/10/2019

RAVI SETIA versus MADAN LAL AND OTHERS

[2019] 13 S.C.R. 938 · 2019 INSC 1124

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Summary

A purchaser challenged reversal of concurrent decrees for specific performance. The Court held that attendance before the Sub-Registrar alone did not establish continuous readiness and willingness. His unexplained failure to deposit the balance within the decree’s deadline, followed by an extension request merely to avoid idle funds during appeal, supported refusal of relief. Earnest money was nevertheless ordered refunded.

Issues

  1. Whether extension of time to deposit the balance consideration established readiness and willingness.
  2. Whether the High Court could interfere with the concurrent findings in second appeal.

Provisions considered

Held

Result

The appeal was dismissed without costs. In the particular circumstances, the earnest money was to be refunded without interest within one month, failing which it would carry interest at seven per cent.

Judgment PDF: Supreme Court of India, [2019] 13 S.C.R. 938.