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Supreme Court of India 2023-01-05 allowed

Basavaraj vs Padmavathi & Anr

Bench: 2 — M. R. Shah, B. V. Nagarathna

In Brief

A buyer sought specific performance of an agreement to sell land for ₹12,74,000. The seller denied executing the agreement, but admitted receiving ₹3 lakhs earnest money. The Trial Court found the buyer ready and willing, decreeing specific performance. The High Court reversed, holding insufficient proof of funds since no bank statements were produced. The Supreme Court held that no adverse inference can be drawn for non-production of documents without a specific order to produce them. The buyer's testimony, witness corroboration, and prompt deposit of balance amount established readiness and willingness. The Court restored the decree but required an additional ₹10 lakhs payment within 8 weeks, after which the seller must execute the deed.

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Specific Performance Real Property Contract Law Readiness and Willingness

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