HUNGERFORD INVESTMENT TRUST LIMITED (IN VOLUNTAR vs HARIDAS MUNDHRA & OTHERS

The Supreme Court addressed the application for rescission of a contract under the Specific Relief Act, 1963, particularly focusing on Section 28 and the implications of a decree for specific performance. The Court held that the right to rescind a contract accrues when the conditions for performance are not met, and that a decree for specific performance can be executed as a money decree if no time is fixed for performance. The Court ultimately ruled in favor of the appellant, affirming the dismissal of the respondent's claims regarding the shares.