Madhukar Jagtap Case Detailed Presentation
Madhukar Jagtap Case Detailed Presentation
• Trial Court (1984): Agreements were security for a loan, not a sale.
• Denied specific performance; ordered ₹6,000 refund with interest.
• First Appellate Court (1987): Affirmed Trial Court's findings.
• Held plaintiffs failed to prove intent for actual sale transaction.
Bombay High Court Ruling (2007)