Court Upholds Order For Specific Performance Of Sale Agreement, Says If Owner Intended To Avail Loan It Would Execute Mortgage Deed: Karnataka High Court
In a significant ruling, the Supreme Court has upheld the principle of specific performance in a land sale dispute under the Specific Relief Act. The case pertains to a dispute between Mr. Rajesh Gupta, the plaintiff, and Mr. Anil Verma, the defendant, over the sale of a prime commercial property located in Bangalore. Background: 1. The dispute arose from an agreement of sale dated 09.08.2010 (Ex.P.1), where Mr. Gupta agreed…
