https://www.taxtmi.com/caselaws?id=188418 The SC upheld the HC's decision, denying specific performance of the contract. It emphasized the plaintiffs' lack of readiness and willingness, noting their delay in filing the suit. The Court highlighted that the contract was not enforceable by the plaintiffs alone due to a compromise by a joint promisee. It stressed the importance of time as an essence in contracts and the discretionary nature of granting specific performance. The appeals were dismissed with costs, underscoring the need for prompt and fair conduct in contractual matters. en-us Fri, 19 Dec 2008 00:00:00 +0530 Sat, 04 Nov 2023 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188418 The SC upheld the HC's decision, denying specific performance of the contract. It emphasized the plaintiffs' lack of readiness and willingness, noting their delay in filing the suit. The Court highlighted that the contract was not enforceable by the plaintiffs alone due to a compromise by a joint promisee. It stressed the importance of time as an essence in contracts and the discretionary nature of granting specific performance. The appeals were dismissed with costs, underscoring the need for prompt and fair conduct in contractual matters. Case-Laws Indian Laws Fri, 19 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188418