Advance Money vs Earnest Money

Issue for Consideration : The central issue for consideration is whether the appellant (original plaintiff) is entitled to a refund of the advance money of ₹20,00,000 paid towards an agreement to sell, after he failed to pay the balance consideration and the agreement was terminated by the sellers. This involves determining the validity of the forfeiture of the advance money and interpreting the law on seeking alternative relief for a refund under Section 22 of the Specific Relief Act, 1963.