Narinderjit Singh vs North Star Estate Promoters Ltd

The Supreme Court upheld the lower appellate court's decision denying specific performance of the Agreement for Sale dated 22.10.1996, citing that compelling the appellant to execute the sale deed would be unfair due to a significant increase in land prices. The Court noted that the respondent had proven the execution of the agreement and the payment of earnest money, but the trial court's reliance on precedents such as Sargunam (Dead) by L.R. v. Chidambaram and Janardhanam Prasad v. Ramdas justified the refusal of specific performance. The Court affirmed the entitlement of the respondent to a refund of earnest money with interest under the relevant legal principles.