#FERA

Supreme Court rules that inherent jurisdiction under Section 482 CrPC remains available despite the existence of an alternative remedy under Section 397 CrPC. It also quashes complaints for non-compliance with mandatory opportunity notice under Section 61(2) FERA and violation of the right to speedy trial under Article 21.

The Calcutta High Court enforced a 1987 property sale agreement despite non-registration and the vendor’s foreign status, ruling that specific performance is viable when parties act in reliance and no timely plea of avoidance is raised. Financial readiness is inferred from conduct, not cash deposits, reshaping how courts assess readiness under the Specific Relief Act.