Delay In Depositing Sale Consideration Won’t Defeat Specific Performance

The Supreme Court ruled that mere delay by a decree-holder in depositing the balance sale consideration does not automatically render a decree for specific performance inexecutable. The Court observed that unless time is expressly made the essence of the contract or the delay causes prejudice to the judgment-debtor, courts should not frustrate substantive rights on technical grounds. The judgment reinforces equitable principles governing contracts and execution proceedings, highlighting that procedural delays alone should not defeat lawful decrees passed after adjudication on merits.