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2014 Supreme(Mad) 228

ARUNA JAGADEESAN
Go. Neelahram – Appellant
Versus
K. Sivaraman Alwa – Respondent


Advocates appeared:
For the Plaintiff:E.J. Ayyappan, Advocate.
For the Defendants:R. Yashod Varadhan, SC for K. Raja Shrinivas, Advocate.

JUDGMENT

1. This suit has been filed to pass a Judgment and Decree against the Defendants, (1) directing the Defendants 1 and 2, jointly and severally, to pay the sum of Rs.1,72,99,300/- towards the balance sale consideration for the sale of the Schedule-A and B mentioned properties in favour of the 1st Defendant, (2) directing the 1st Defendant to pay a sum of Rs.40,00,000/- towards repayment of the hand loan availed by him with interest at the rate of 12% p.a. from the date of the plaint until realization (3) for costs.

2. The plaint averments are as follows:-

a. The Plaintiff is engaged in the Real Estate Business and he had negotiated the purchase of two properties mentioned in the Schedule A and B from their owners M/s. Aditi Diamonds Private Limited and Manju Bonke, by paying the entire sale consideration and by obtaining two registered Power of Attorney deeds dated 9.8.2006 along with two separate Sale Agreements dated 9.8.2006 in order to avoid double registration. The Plaintiff paid a sale consideration of Rs.59,74,150/- for A-Schedule property and Rs.1,15,25,500/- for B-Schedule property and the total consideration paid by the Plaintiff is Rs.1,74,99,650/- and took physica









































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