Non-Deposit of Balance Sale Consideration Within Stipulated Time Renders Specific Performance Decree Inexecutable: Supreme Court

The Supreme Court of India has ruled that a decree for specific performance becomes inexecutable if the decree-holder fails to deposit the balance sale consideration within the time stipulated by the court. The Bench of Justice Pankaj Mithal and Justice S.V.N. Bhatti observed that such a decree is conditional and imposes reciprocal obligations, and failure

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