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2002 Supreme(Del) 114

O.P.DWIVEDI
RAJESH BANSAL – Appellant
Versus
ANSAL HOUSING CONSTRUCTION LIMITED – Respondent


O. P. DWIVEDI

( 1 ) THE plaintiff, above named, filed a suit for recovery of Rs. 20,90,000. 00 alongwith interest pendentelite and future thereon at the rate of 24% per annum against the defendant. It is alleged that defendant a well known construction company, published brochure in October, 1996 showing the lay out of "shopping-cum-office complex" by name "trade SQUARE :. Plaintiff accordingly applied for a office-cum-shop space in the proposed complex. During the period from november, 9 6/01/2000 plaintiff deposited a sum. of Rs. 10,70,168. 00 with defendant company although he was required to deposit only a sum of rs. 9,47,340/ -. In November, 2000 plaintiff visited the site where the proposed complex was to come up and noticed that after completing one-end-corner of the complex, construction activities come to a stand still. Then in december, 2000 plaintiff sent a notice of demand asking refund of amounts deposited by him with interest. Under the terms and conditions, plaintiff is entitled to interest at the rate of 24% per annum. Thus the total amount recoverable from the defendant company comes to rs. 20,90,000/- till the date of filing of -the suit. The suit has been filed un
















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