Amal Kumar Ghosh & Ors vs Basanta Kumar Almal

The Supreme Court addressed a dispute regarding the specific performance of a settlement agreement under which the appellants were to sell land to the first respondent. The Court emphasized the enforceability of the terms of settlement, particularly clauses related to payment and the appointment of a Receiver under the Indian Income Tax Act, 1961 and the Urban Land (Ceiling Regulations) Act, 1976. The Court held that the appellants' obligations under the settlement were binding and that the Receiver was to execute the conveyance as per the terms agreed upon, thereby upholding the settlement's validity.