1925 (12) TMI 2 - Other - Indian Laws

Summary

The main appeal involved a contract of sale of the Markham Grant Estate. The High Court upheld the complete contract of sale. The appellant encountered financial difficulties and sought modified terms, but the purchaser was unable to complete the contract. The purchaser lost the earnest money but was repaid the balance. The original contract was not superseded, and the earnest money is forfeited if the transaction falls through due to the purchaser's fault. The appeal was dismissed, and there were no costs for the cross-appeal.