Sewgan Sivapakyam v. Indrani Sinnaiah – S C APPEAL NO. 138/2012-2020

In the case between Indrani Sinnaiah (deceased, with substituted appellants Sinnaih Muththalagu, Sinnaih Manoharan, and Ramachandran Haridas) and Sewgan Sivapakyam, the Supreme Court addressed whether an action arising from a conditional land transfer could be maintained without prior deposit of the consideration specified in the deed, together with legal interest, and whether a certificate issued by the Debt Conciliation Board operates as a binding settlement between the parties. The holding established that the certificate does not constitute a mutually agreed settlement and that the Plaintiff is not required to deposit the consideration as a precondition to maintain the action. The judgment reaffirmed the operative principle that the Debt Conciliation Board’s certificate does not preclu