ORDER

Thiru.R.Pongiappan, President—This complaint has been filed under section 11 and 12 of the Consumer Protection Act, 1986 praying to direct the opposite parties

(i) To return a sum of Rs.40 lakhs alongwith interest at the rate of 24% per annum,

(ii) To pay a compensation of Rs.10 lakhs for the deficiency in service on the part of the opposite parties and to pay a sum of Rs.5 lakhs for the mental agony and frustration suffered by the complainant.

(iii) To pay a sum of Rs.20 lakhs for the expenditures incurred by the complainant by way of interest to the bank loan processing and travelling expenses.

2. Case of the complainant is as follows:

The second opposite party is the absolute owner of complaint mentioned ‘A’ schedule property. The second opposite party had appointed the first opposite party as her authorized power agent by way of General Power of Attorney dated 15.06.2011 for the construction of building in the complaint mentioned ‘A’ schedule property. Further, a Joint Venture contract was entered between the first and second opposite parties, wherein it was agreed by the first opposite party to construct flats in the complaint mentioned ‘A’ schedule property and th