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2018 Supreme(Mad) 2507

R.SURESH KUMAR
D. Ramesh S/o Duraisamy – Appellant
Versus
V. Vijayakumar S/o Davidraj – Respondent


Advocates Appeared:
For the Petitioner: Mr. B. Kumarasamy.
For the Respondents: Mr. R. Rajarathinam, Mr. Ayyapparaj.

ORDER :

1. The facts, which are required to be noticed insofar as Crl. R.C. No. 271/2017 are concerned, read thus:

(i) That the revision petitioner is running a Firm in the name and style of Colour Homes, by which, he constructs houses and sell. He has been doing the said business for several years. During the month of May 2015, since the revision petitioner was in need of some financial assistance to run his business, the accused persons, who are the respondents herein, had contacted the petitioner over phone and they introduced themselves that they are having contact with some big shots, who are the financiers at Overseas and from whom, they will arrange loan to the tune of Rs. 25 Crores to the petitioner.

(ii) In order to strike the deal, the petitioner and the respondents had entered into a Memorandum of Understanding on 27.05.2015, as per which, the loan would be arranged by the respondents to the petitioner and the petitioner has to pay commission to the respondents. Accordingly, a sum of Rs. 1,10,00,000/- (Rupees one crore ten lakhs only) was demanded as commission in advan
















































































































































































































































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