Case Law Analysis
|Madras High Court
Specific Performance Suit | Money Decree Invalid When Sale Agreement is Security for Loan : Madras HC Upholds Procedural Fairness
Madras HC rules that a money decree cannot substitute specific performance when the underlying sale agreement is merely a security for a loan. The court emphasized that converting the suit without proper pleadings violates procedural fairness, setting aside the trial court's decree of Rs. 13,00,000.