JUDGMENT :

R. Subramanian, J.

(Prayer: Original Side Appeal filed under Clause 15 of the Amended Letters Patent of 1865 and Order XXXVI Rule 1 of the Original Side Rules, against the judgment and decree dated 08.01.2020 passed in C.S.No.941 of 2010.)

1. Challenge in this appeal is to the dismissal of the suit in C.S.No.941 of 2010.

2. The plaintiff in the said suit is the appellant. The plaintiff sued for recovery of a sum of Rs.1,21,66,000/- with interest at 18% p.a. on the principal sum of Rs.79,00,000/- which according to the plaintiff is due and payable by the 1st defendant in the following circumstances.

3. The plaintiff has been doing real estate business, since 2002 and he had invested monies and entered into agreements of sale for properties in and around Bangalore. According to the plaintiff, the 1st defendant approached him expressing an interest in purchasing properties in Bangalore as an investment proposition. The plaintiff, being a real estate trader had showed certain lands to the 1st defendant, in fact, the 1st defendant purchased 50% of the share in 3 acres of land in Giddanahalli Village of Anekal Taluk, Bangalore Rural District. The plaintiff and the 1st defendant ha