MUHAMMAD JAMIL vs MUHAMMAD ARIF S — 2021 SCMR 1108 SUPREME-COURT

Case information

Citation: 2021 SCMR 1108 SUPREME-COURT
Court: Supreme Court of Pakistan
Year: 2021
Reporter: SCMR
Parties: MUHAMMAD JAMIL vs MUHAMMAD ARIF S
Subject matter: Civil
Provisions referred to: S. 54---C; S. 55---A; Contract Act (IX of 1872)

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

MUHAMMAD JAMIL VS MUHAMMAD ARIF S. 54---Contract Act (IX of 1872), S. 55---Agreement to sell immoveable property---Time essence of the contract---Balance consideration not paid within the time stipulated in the agreement---Forfeiture of earnest money---Scope---Court may always allow the vendor to appropriate the earnest money in terms of the forfeiture clause in the agreement and or as may be deemed appropriate, the court may compensate the vendor as it deemed just and reasonable.

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