Supreme Court · 1994 INSC 604 · Decided 13 December 1994

V. Lakshmanan v. B. R. Mangalagiri and ORS.

Court
Supreme Court of India
Citation
1994 INSC 604 · [1994] SUPP. 6 S.C.R. 561
Case number
CIVIL APPEAL No. 4542/1984
Decided
13 December 1994
Bench
K. RAMASWAMY, N. VENKATACHALA (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Contract Act

Headnote

v. B. R. MANGALAGIRI AND ORS. DECEMBER 13, 1994 [K.RAMASWAMY ANON. VENKATACHALA,JJ.] Contract Act, 1872: Agreement to sell land-Time essence· of contract-Contract fell through for default of purchaser-Forfeiture of entire earnest money by seller held justified A B Earnest money-What sale­ Minor attaining majority pending suit and electing to abide by the terms of D sale-Necessity 'to obtain Court permission becomes redundant. The appellant entered into an agreement with respondents for purchase of land, paid Rs. 50,000 as earnest money which was stated as advance in the

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