JUDGMENT :

P.S. RANA, J.

1. Plaintiff filed present suit for recovery of Rs.71,88,356/- (Rupees seventy one lacs eighty eight thousand three hundred fifty six only) by way of damages with interest at the rate of 8% per annum from the date of institution of suit till realization.

Brief facts of the case:-

2. It is pleaded that plaintiff is proprietor of M/s Priyanka Enterprises Phase-II Industrial area Gagret District Una H.P. and is competent to file the present civil suit. It is pleaded that plaintiff purchased a plot measuring about 1000 sq. metres at G.M. District Industries Centre Una having Plot No. 10, Phase-II Industrial Area Gagret District Una H.P. for the purpose of establishing the business by constructing a factory for the manufacturing of Expended Extruded Snacks Food Kurkure and Potato Wafer etc. and also sought permission for establishment of factory by the competent authority i.e. District Industries Centre Una H.P. It is pleaded that plaintiff prepared complete project summary and took loan from the Nationalized Bank and defendant approached the plaintiff for suppl