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2026 Supreme(Mad) 1435

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT
P.VADAMALAI
S.R.Murugan @ Naveen S.R.Prabhu, S/o. S.R.Rathinasamy Nadar – Appellant
Versus
P.Rajendran, S/o. Ponnambala Nadar – Respondent


Advocates Appeared:
For the Appellant : Mr.S.Vinayak
For the Respondents: Mr.V.R.Venkatesan

Table of Content
1. dispute: sale agreement for specific performance or loan security (Para 1 , 2 , 3 , 4)
2. trial court denied specific performance, granted repayment relief (Para 5 , 6 , 7 , 8)
3. appeal frames issues on agreement intent and trial errors (Para 9 , 10)
4. appellant asserts valid sale, readiness, timely notice (Para 11 , 12)
5. defendant conduct weighs in specific performance discretion (Para 13)
6. respondents claim sham agreement for undervalued loan security (Para 14)
7. registered document presumed genuine; loan transaction unproven (Para 15 , 16 , 17 , 18)
8. notices establish defendant knowledge, no reply (Para 19)
9. advance payment and deposit prove readiness willingness (Para 20 , 21)
10. substantial advance admits performance readiness (Para 22)
11. consideration adequate despite unproven tree value (Para 23 , 24)
12. time not essence in immovable property sales (Para 25)
13. trial erred; plaintiff entitled specific performance (Para 26)
14. appeal succeeds; decree specific performance execution (Para 27)

JUDGMENT :

P.VADAMALAI, J. 

1.This Appeal Suit is directed against the judgment and decree, dated 29.06.2009 made in O.S.No.128 of 2004 on the file of the Fast Track Co

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