OM AGGARWAL vs HARYANA FINANCIAL CORPORATION & ORS.

The Supreme Court addressed the validity of a Buy Back Agreement under the provisions of the Haryana Public Moneys (Recovery of Dues) Act, 1979, and the State Financial Corporation Act, 1951. The Court held that the plaintiff's failure to comply with the agreement's terms justified the defendant's actions to recover dues as arrears of land revenue. Consequently, the appeal was dismissed, affirming the lower court's decision to uphold the enforcement of the agreement and the recovery process initiated by the defendant.