An Agreement to Sell was executed for selling a land for Rs. 55 lacs on 10 Dec 2005, and it states that the Buyer will pay Rs. 20 lacs till 10 Dec 2006 and Rs. 15 lacs by taking loan from bank after which the registry of the land will be completed. It also says the rest of the amount will be paid by 10 Dec 2007.
Rs. 2 lacs was paid at time of execution of agreement (Dec 2005) and no further money was paid or bank loan taken. Now the buyer sent a notice and filed a suit for specific performance to get the registry done saying that the seller refused to do registry on April 15, 2011 (a falsely made up date). Is the suit maintainable ?