https://www.taxtmi.com/caselaws?id=468359 The SC held that, although the agreement's four-month payment stipulation was qualified by the clause requiring vacant possession after eviction of tenants and could not be treated as absolute on a reading of the contract as a whole, a decree for specific performance still depended on strict proof of continuous readiness and willingness. The buyer failed that test by not showing financial capacity, not complying with repeated opportunities to complete the transaction, advancing unsupported demands outside the agreement, and retaining the returned demand draft until its last day of validity. On those facts, the equitable relief of specific performance was not justified and the first appellate court's grant of relief was unsustainable. en-us Thu, 21 Nov 2024 00:00:00 +0530 Thu, 30 Apr 2026 19:57:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468359 The SC held that, although the agreement's four-month payment stipulation was qualified by the clause requiring vacant possession after eviction of tenants and could not be treated as absolute on a reading of the contract as a whole, a decree for specific performance still depended on strict proof of continuous readiness and willingness. The buyer failed that test by not showing financial capacity, not complying with repeated opportunities to complete the transaction, advancing unsupported demands outside the agreement, and retaining the returned demand draft until its last day of validity. On those facts, the equitable relief of specific performance was not justified and the first appellate court's grant of relief was unsustainable. Case-Laws Indian Laws Thu, 21 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468359