Advance Money Forfeiture: Supreme Court settles the validity of advance money forfeiture in property sale agreement in K.R. Suresh vs. R. Poornima (2025)
Date of the Judgment: May 02, 2025 Judges: J.B. Pardiwala, J., R. Mahadevan, J. Can a seller forfeit advance money if a buyer fails to complete a property purchase? The Supreme Court of India addressed this question in K.R. Suresh vs. R. Poornima, a case concerning the specific performance of a contract. The core issue […]