Makers Devt.Services P.Ltd vs M. Visvesvaraya Indusl.Res.& Dev.Cen

The Supreme Court addressed the appeals concerning the lease agreement between Makers Development Services Pvt. Ltd. and M. Visvesvaraya Industrial Research and Development Centre, emphasizing the enforceability of the agreement under the Specific Relief Act, 1963, particularly Section 14. The Court held that the appellant was entitled to seek specific performance of the lease agreement despite the respondent's termination, as the appellant had been in possession of the property and had made substantial investments. The Court ultimately allowed the appeal, reinforcing the principle that possession and investment in property can warrant protection under specific performance provisions.