GOTHAMCHAND JAIN vs ARUMUGAM @ TAMILARASAN

The Supreme Court held that the Indian Limitation Act, 1963, specifically Article 54, applies to the Union Territory of Pondicherry, overruling the applicability of Article 2262 of the French Code Civil. The Court established that a suit for specific performance must be filed within three years from the date of the agreement, and since the appellant's suit was not filed within this period, it was time-barred. Consequently, the Court upheld the High Court's decision to reverse the trial Court's decree in favor of the plaintiff.