Supreme Court of India · 2011-07-04
Saradamani Kandappan vs S. Rajalakshmi & Ors
- Citation / case number
- AIR 2011 SUPREME COURT 3234
- Court
- Supreme Court of India
- Petitioner
- Saradamani Kandappan
- Respondent
- S. Rajalakshmi & Ors
- Bench
- K S Radhakrishnan, R V Raveendran
Judgment text excerpt
The Supreme Court addressed the enforceability of an agreement of sale under specific clauses, particularly focusing on the essence of timely payments as stipulated in the agreement. The Court held that failure to adhere to the payment schedule constituted a breach, allowing the sellers to cancel the agreement. The judgment emphasized the importance of clear terms in contracts, particularly regarding payment timelines and the consequences of default, affirming the lower court's decision to uphold the cancellation of the sale agreement.