R.K. Parvatharaj Gupta vs K.C. Jayadeva Reddy

The Supreme Court held that the agreement for sale dated 13.10.1982, which involved a sum of Rs.65,000 and earnest money of Rs.16,500, was enforceable despite the appellant's claim of non-performance by the respondent. The Court emphasized that the appellant's obligation to inform the respondent about the status of a pending appeal was crucial, and the failure to do so affected the limitation period for the suit. The Court upheld the High Court's decision to decree specific performance, ruling that the suit was not barred by limitation under the Limitation Act, 1963, Section 3.