O.P.DWIVEDI
RAJESH BANSAL – Appellant
Versus
ANSAL HOUSING CONSTRUCTION LIMITED – Respondent
( 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
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.