TARSEM SINGH vs SUKHMINDER SINGH

The Supreme Court addressed a dispute regarding a contract for the sale of agricultural land under the Specific Relief Act. The Court held that the respondent's failure to pay the balance sale consideration justified the forfeiture of the earnest money as stipulated in the agreement. The Court upheld the decision of the Lower Appellate Court and the High Court, which ruled that the respondent was not ready and willing to perform the contract, thus denying specific performance and allowing for the refund of earnest money instead.