VIKRAMAJIT SEN
PELIKAN ESTATES PVT. LTD. – Appellant
Versus
KAMAL PAL SINGH – Respondent
( 1 ) A CHALLAN HAS BEEN FILED SHOWING THAT A SUM OF RS. 8,72,565/- HAS BEEN DEPOSITED IN THE TREASURY. COUNSEL FOR THE PETITIONER UNDERTAKES THAT COURT FEES SHALL BE AFFIXED ON THE PLAINT WITHIN SEVEN DAYS.
( 2 ) THE APPLICATION STANDS DISPOSED OF IN THESE TERMS. IA NO. 5341/2004
( 3 ) THIS ACTION FOR SPECIFIC PERFORMANCE RELATES TO PROPERTY BEARING MUNICIPAL NO. 18, HAILEY ROAD, NEW DELHI. THE PLAINTIFF ASSERTS THAT AFTER NEGOTIATIONS BETWEEN THE PARTIES, AN ORAL AGREEMENT HAD BEEN ARRIVED AT BETWEEN THEM ON 28. 7. 2004. THESE AVERMENTS ARE TO BE FOUND IN PARAGRAPH 5 OF THE PLAINT WHICH READ AS FOLLOWS:
"that AFTER NEGOTIATIONS BETWEEN THE PARTIES AN ORAL AGREEMENT WAS ARRIVED AT BETWEEN THE PARTIES ON 28. 7. 2004 BY THE DEFENDANTS THROUGH DEFENDANT NO. 3 WHEREBY ALL THE DEFENDANTS AGREED TO SELL THE LEASEHOLD BUILT UP PROPERTY ADMEASURING 1872 SQ YARDS AT 18, HAILEY ROAD, NEW DELHI, TO THE PLAINTIFF FOR A TOTAL CONSIDERATION OF RS. 8. 25 CRORES TO BE PAID IN THE FOLLOWING MANNER:- i) RS. 1. 65 CRORES TO BE PAID BY THREE PAY ORDERS OF RS. 55 LAKHS EACH DRAWN IN FAVOUR OF DEFENDANTS 1,2 AND 3 ON OR BEFORE 12. 8. 2004. (II) BALANCE RS. 6. 60 CRORES TO BE PAID WITHI
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