Supreme Court of India
Coromandel Indag Products (p) Ltd. v. Garuda Chit & Trading Co. P. Ltd. & Anr.
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.
1 Supreme Court bench has cited this judgment.
What the Court ordered
We hold that parties have agreed that the time is essence of the contract and the same has to be adhered to strictly. 132 SUPREME COURT REPORTS [2011] 12 S.C.R. A Readiness and willingness:.
Judgment, page 17
From the headnote
SPECIFIC RELIEF ACT, 1963: s.16(c) - Specific performance - Respondent-vendor agreed to sell its property to the appellant - In terms of agreement of sale, an advance of Rs.2 lacs was paid and the balance was payable in three short intervals - Respondent was required to furnish the documents of title and income tax clearance certificate - Appellant requested the respondent to furnish solvency certificate and exemption certificate from urban land ceiling authorities which were not furnished by respondent - Suit for specific performance by appellant - Held: It is incumbent on the party, who
Where later benches applied it
Of those, 1 referred to
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