JINESHWARDAS (D) THROUGH LRS. vs JAGRANI

The Supreme Court addressed the enforceability of an agreement to sell immovable property under Section 10 of the Indian Contract Act, 1872, and the implications of limitation under Section 3 of the Limitation Act, 1963. The Court held that the agreement in question was not a genuine sale agreement but rather an agreement to repay, affirming the lower courts' findings. The appeal was ultimately settled by mutual consent, with the respondents agreeing to pay Rs. 25,000 to the appellants, subject to interest if not paid within the stipulated time.