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    <title>1996 (4) TMI 510 - Supreme Court</title>
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    <description>Time was material to performance because the agreement required the sale transaction to be completed within a stipulated period. The petitioner failed to supply the final draft and did not establish financial capacity to pay the agreed cash consideration, so the evidence did not show continuous readiness and willingness to perform. The respondent, by contrast, had consistently indicated willingness to execute the sale deed. On that basis, the petitioner was found not ready and willing to perform his part of the contract and therefore not entitled to specific performance.</description>
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      <title>1996 (4) TMI 510 - Supreme Court</title>
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      <description>Time was material to performance because the agreement required the sale transaction to be completed within a stipulated period. The petitioner failed to supply the final draft and did not establish financial capacity to pay the agreed cash consideration, so the evidence did not show continuous readiness and willingness to perform. The respondent, by contrast, had consistently indicated willingness to execute the sale deed. On that basis, the petitioner was found not ready and willing to perform his part of the contract and therefore not entitled to specific performance.</description>
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