12.I have carefully gone through the aforesaid judgments. It would
be pertinent at this stage to reproduce para no. 22 of the
judgment in Vithalbhai (P) Ltd. Vs. Union Bank of India
(supra) which reads as follows:
In Vithalbhai (supra), while dealing with the premature filing of a suit, a two-Judge Bench of this Court, after referring to a number of decisions of various High Courts and this Court, came to hold as follows:-
22. Now, it is appropriate to consider the decision of the Supreme Court, relied on by the learned counsel for the applicant-second defendant reported in 2005 (2) CTC 582 (SC) (Vithalbhai Pvt. Ltd., Vs. Union Bank of India), in which the Supreme Court held as follows:
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[24]. The filing of suit on 20.03.2006 even before grant of
licence on 13.04.2007 was pre-mature and ratio of Vithalbhai
Pvt. Ltd. Vs. Union Bank of India's case (supra) would not be
attracted as the performance of the agreement was not only
depended upon obligation of the defendants, but also on the
developer as well as State of Haryana who were not impleaded
as party defendants in the suit. The contingencies could not have
been cured by the defendants in the absence of performing
parties to the transaction. Even Narender Solanki, District Town
Planner while appearing as PW 2 has admitted that the
respondents were granted permission for setting up residential
colony on 13.04.2007 (Ex.P6). Vide letter of intent (Ex.P7),
respondents were only called upon to fulfill certain conditions
before issuance of licence. The commencement of stipulated
period of four months as propounded by the plaintiff if believed,
then after the grant of licence, nothing would have been left to
further wait for formal launch of the colony and in such
eventuality, the clause would have rendered meaningless and
without any objectivity. There cannot be any dispute with regard
to proposition as held in the cited judgments by the appellant, but
no such factors are involved in the present case as bilateral
agreement between the parties was only for four months and
after expiry thereof in the absence of any licence, the only
remedy available with the plaintiff was to get his earnest money
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back without interest if the same was to be paid within 15 days
and with interest thereafter.
20. Following the declaration of law made by the
Hon'ble Supreme Court referred to above, as there is no
provision in the Specific Relief Act requiring the plaintiff
claiming the relief of specific performance to wait for
expiry of the due date for performance of the agreement
in a situation where the defendant may have made its
intention clear by not replying to the legal notice at Ex.P8,
I am of the view that, the contentions raised by the
learned Senior Counsel appearing for the respondent is to
be accepted. It is well settled principle in law that the
12. (a) In the decision reported in (2005) 4 SCC 315 (Vithalbhai (P) Ltd. v. Union Bank of India), the Supreme Court in paragraph 22 held as follows,
"22. We may now briefly sum up the correct position of law which is as follows:
Hence in the facts of the present case, once the
defendant has admitted that he wants to sell the land at a higher
price at a Rs. 10,00,000/- per acre, in view of the judgment of the
Supreme Court in Vithalbhai's case (supra), it gave a cause of
action to the plaintiff to file a suit on 2.8.2006 before the date fixed for
the execution of the agreement. Since the execution of the
agreement and payments made were duly proved, this finding of fact
does not require any interference in the regular second appeal. The
suit was rightly held not premature.
In Vithalbhai (P) Ltd., vs. Union Bank of India [2005
(4) SCC 315] the Honourable Apex Court has held that suit is not to
be necessarily dismissed for having been filed prematurely.