High Court of Karnataka Dismisses Appeal by Agricultural Produce Marketing Committee in Specific Performance Suit — Lease Agreement with Option to Purchase Enforceable Against Lessor's Successor-in-Interest. Court held that a lease deed containing an option to purchase the leased property is a contract for sale and specific performance can be granted against the successor-in-interest who took the property with notice of the agreement....
The appellant, Agricultural Produce Marketing Committee (APMC), Bellary, was the defendant No.1 in a suit for specific performance filed by the respondents (plaintiffs). The plaintiffs claimed that th...
