PRADEEP NANDRAJOG, MUKTA GUPTA
Lakhbir Singh – Appellant
Versus
Arun Khanna – Respondent
Pradeep Nandrajog, J.
1. Post completion of pleadings, called upon to admit/deny the documents filed by the parties, execution of Ex.P-1 was admitted by the parties. It is the agreement to sell executed on November 18, 2006 by Arun Khanna (the seller/defendant) and Lakhbir Singh (the purchaser/plaintiff). It’s second recital and the covenants read as under:-
“And whereas the first party/Seller has agreed to sell the Entire Ist Floor without roof rights of property No.3, Road No.5, Punjabi Bagh Extn. New Delhi – 110026, measuring : 299.15 sq.yds. to the second party/Purchaser, with well furnished fittings and fixtures with electricity and water connection in all manners at his own bona fide needs requirements, for a total sale consideration amount of Rs. 1,20,00,000/- (Rupees One Crore Twenty Lacs only) and the second party/Purchaser has agreed to purchase in which the second party/Purchaser had paid a sum of Rs. 12,00,000/- (Rupees Twelve Lacs only) as earnest money/Byana to the first party and the balance sale consideration Amount of Rs. 1,08,00,000/- (One Crore Eight Lacs only) which shall be paid by the Second party/purchaser to the first party/Seller on or before 300 days
Virgo Industries (Eng.) P. Ltd. v. Venturetech Solutions P. Ltd. (2013) 1 SCC 625
Gurbux Singh v. Bhooralal AIR 1964 SC 1810
Rathnavathi Vs. Kavita Ganashamdas
Vithalbhai (P) Ltd. v. Union Bank of India 2005 (4) SCC 315
Virgo Industries (Eng.) P. Ltd. Vs. Venturetech Solutions P. Ltd.
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