Supreme Court of India
R.K. Parvatharaj Gupta v. K.C. Jayadeva Reddy
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.
What the Court ordered
We are of the opinion that the impugned judgment of the High Court cannot be sustained, which is set aside accordingly.
Judgment, page 7
From the headnote
Limitation Act, 1963-Article 54-Suit for specific performance of contract filed after a period of three years from date of expiry of 15 days specified in notice, if barred by limitation-Held: Though time for performance c was not fIXed in sale agreement, but purchaser had notice that performance was being refused, if he failed to fulfil his obligation under the contract within 15 days of receipt of notice-On facts, it was clear that purchaser was not ready and willing to perform his part of contract-Thus, in terms of Article 54 suit should have been filed within three years from date of
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