M/S. Acme Papers Ltd. vs M/S. Chintaman Developers Pvt. Ltd.
Case Significance
M/S. Acme Papers Ltd. vs M/S. Chintaman Developers Pvt. Ltd. is a Supreme Court of India decision dated March 22, 2024 (citation: insc-2024-248). Cross-transfer petitions were filed regarding a land sale MoU dispute — the buyer filed a specific performance suit in Sehore (where the property is located) and the seller filed a declaration suit in Calcutta (where the MoU was executed). The Supreme Court dismissed the Calcutta-bound transfer petition and allowed the Sehore-bound one, transferring the Calcutta suit to Sehore since the property, records, witnesses, and related proceedings (including a bank auction) were all in Madhya Pradesh The bench comprised Justices Prasanna B. Varale and Sudhanshu Dhulia. The judgment was delivered by Justice Prasanna B. Varale.
Summary
Cross-transfer petitions were filed regarding a land sale MoU dispute — the buyer filed a specific performance suit in Sehore (where the property is located) and the seller filed a declaration suit in Calcutta (where the MoU was executed). The Supreme Court dismissed the Calcutta-bound transfer petition and allowed the Sehore-bound one, transferring the Calcutta suit to Sehore since the property, records, witnesses, and related proceedings (including a bank auction) were all in Madhya Pradesh.
What was the outcome of M/S. Acme Papers Ltd. vs M/S. Chintaman Developers Pvt. Ltd.?
Cross-transfer petitions were filed regarding a land sale MoU dispute — the buyer filed a specific performance suit in Sehore (where the property is located) and the seller filed a declaration suit in...
Judgment
Read the full judgment on the official India Courts portal.
Read on Indian KanoonSource: Indian Kanoon (insc-2024-248)