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    <title>Buyer&#039;s Refund Encashment Signals Contract Breach, Bars Specific Performance Under Established Legal Principles</title>
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    <description>SC held that the buyer&#039;s conduct in encashing refund drafts demonstrated unwillingness to perform the agreement to sell. The seller&#039;s prior cancellation letter constituted a jurisdictional fact precluding specific performance. The buyer failed to establish readiness and willingness to execute the contract, thereby disentitling herself from the equitable relief. The court emphasized that absent a declaratory challenge to the agreement&#039;s termination, the specific performance suit remains non-maintainable. Consequently, the appellant&#039;s appeal was allowed, effectively preventing specific performance and upholding the seller&#039;s right to cancel the agreement based on the buyer&#039;s unequivocal actions.</description>
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    <pubDate>Mon, 07 Apr 2025 08:32:53 +0530</pubDate>
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      <title>Buyer&#039;s Refund Encashment Signals Contract Breach, Bars Specific Performance Under Established Legal Principles</title>
      <link>https://www.taxtmi.com/highlights?id=87185</link>
      <description>SC held that the buyer&#039;s conduct in encashing refund drafts demonstrated unwillingness to perform the agreement to sell. The seller&#039;s prior cancellation letter constituted a jurisdictional fact precluding specific performance. The buyer failed to establish readiness and willingness to execute the contract, thereby disentitling herself from the equitable relief. The court emphasized that absent a declaratory challenge to the agreement&#039;s termination, the specific performance suit remains non-maintainable. Consequently, the appellant&#039;s appeal was allowed, effectively preventing specific performance and upholding the seller&#039;s right to cancel the agreement based on the buyer&#039;s unequivocal actions.</description>
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      <pubDate>Mon, 07 Apr 2025 08:32:53 +0530</pubDate>
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