Mohammed Ali vs Veluchamy — 395/2022

Summary The court rejected the plaintiff's claim for specific performance of a property sale agreement, finding it was actually a loan transaction disguised as a sale. The court reasoned that an unusually long three-year payment period for a minimal Rs. 25,000 out of Rs. 2,25,000 total consideration, combined with the defendant's failure to pay interest and the history of multiple cancelled agreements, indicated the true nature was a secured loan rather than a genuine property sale. Instead, the court decreed the alternative relief: the defendant must repay Rs. 2,25,000 with 6% interest within one month, with a charge created on the property as security. This case analysis is maintained by casestatus.in based on publicly available court records.