JUDGMENT :

Prayer: This Civil Suit is filed under Order VII Rule 1 of the Civil Procedure Code read with Order IV Rule 1 of the O.S. Rules, for a Judgment and Decree against the defendants for the following reliefs:

(a) direct the defendants herein to pay a sum of Rs.1,10,00,000/- (Rupees One Crores Ten Lakhs only) and together with interest at 12% p.a., on Rs.1,00,00,000/- (Rupees One Crores) from 18.01.2010 till date of payment;

(b) to pay all costs of the suit to the plaintiff.

1. The suit had been filed by the plaintiff M.R.Rajkumar against the defendants seeking a Judgment and Decree to pay a sum of Rs.1,00,00,000/- together with interest at 12% p.a., on Rs.1,00,00,000/- from 18.01.2010 till the date of payment and for costs of the suit.

2. It had been stated in the plaint that the plaintiff is carrying on business in constructing and selling residential / non-residential complexes, houses etc. The plaintiff was on the lookout for housing plots/sites to construct independent houses in the suburbs of Chennai. The defendant firm had offered to sell its lands measuring an extent of 50 acres in Mangalam and Echenkarani Village of Soorakuppam Village in Thirukalukundram. It had been fur