#concealment of material facts

The Delhi High Court upheld that when a buyer fails to deposit the balance consideration in court as required, the seller is entitled to interest on the refund from the date of payment, regardless of concealment of a second agreement. This clarifies that equitable relief in specific performance cases hinges on financial conduct, not procedural transparency alone, affecting real estate buyers and sellers nationwide.

Punjab & Haryana HC upholds repudiation of a life insurance claim where the insured failed to disclose prior coronary artery bypass grafting (CABG) and coronary artery disease in the proposal form, even if unaware of the diagnosis. The ruling reinforces that material concealment vitiates the policy under the principle of utmost good faith, binding insureds to disclose known medical history regardless of subjective awareness.