|Supreme Court of India
Specific Performance | Failure to Deposit Balance Consideration Within Decree Time Renders Decree Inexecutable: SC
The Supreme Court has ruled that a decree for specific performance becomes inexecutable if the buyer fails to deposit the balance sale consideration within the court-mandated timeframe, even if the court later permits late payment. This clarifies that equitable relief is contingent on strict compliance with conditional timelines, affecting buyers and sellers in real estate disputes nationwide.