RATTAN LAL (D) THR.LRS. vs S.N.BHALLA .

The Supreme Court addressed the enforceability of a sale agreement under the Urban Land (Ceiling and Regulation) Act, 1976, emphasizing that the seller's failure to apply for sale permission within the stipulated time allows the purchaser to terminate the agreement and seek a refund of the earnest money. The Court held that the Respondents' non-compliance with the agreement's terms justified the Appellant's claim for specific performance and damages. The judgment reinforces the principle that timely compliance with contractual obligations is essential for enforceability.