JUDGMENT :

(Prayer: Civil Suit has been filed under Order IV Rule 1 of the Madras High Court O.S. Rules r/w Order VII Rule 1 of C.P.C., praying to pass a judgment and decree in favour of plaintiff.

a) to pay the sum of Rs.6,66,10,734/- to the plaintiff.

b) to pay interest at the rate of 18% p per annum on Rs.3.22 crores from the date of plaint till the date of recovery of all amounts.

c) to pay the cost of the suit; and

d) pass such further or other order or orders as this Hon’ble Court may deem fit and proper in the circumstances of the case.)

1. The instant suit has been filed seeking for a judgement and decree directing the defendant to pay a sum of Rs. 6,66,10,734/- to the plaintiff and directing the defendant to pay interest at the rate of 18% per annum from the date of the plaint till the date of recovery of all the amounts. The plaintiff further seeks for a direction to the defendant to pay the costs of the suit.

CASE OF THE PLAINTIFF:

2. The plaintiff is a company engaged in power sector. The plaintiff states that between 2013 and 2016 their Company was constructing a power plant to generate electricity on a commercial scale in the state of Chhattisgarh. For the purposes of civil