Supreme Court of India

Videocon Properties Ltd. v. Dr. Bhalchandra Laboratories and Ors.

Neutral citation
Reported as [2003] SUPP. 6 S.C.R. 1197
Bench Doraiswamy Raju J.
Decided 19 December 2003

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

3 Supreme Court benches have cited this judgment.

From the headnote

Transfer of Property Act, 1882-Section 55(6)(b)-Charge over property-Applicability in cases of earnest money-Earnest money­ Meaning of-Charge under Scope of- ' 'paid earnest money to purchase land of 'R '-Agreement stipulated payment of consideration at various stages- 'R' unable to perform his part- ' 'seeking charge over the land­ Held, earnest money paid was in fact a part payment of purchase price­ Charge held justified. The appellant entered into an agreement for purchase of a land from the respondents. The appellant paid Rs. 38 lakhs to the respond- ents as "deposit or earnest money".

Where later benches applied it

Of those, 1 relied on · 2 referred to

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