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2025 Supreme(Online)(Mad) 74105

IN THE HIGH COURT OF JUDICATURE AT MADRAS
P.B.BALAJI, J
Punjab & Sind Bank – Appellant
Versus
M/s.Dewa Properties Limited – Respondent


Advocates:
For the Appellants/Petitioners: Mr.V.Raghavachari, M/s.M.Arunkumar for M/s.Sampath Kumar Associates
For the Respondents: Mr.Roshan Balasubramanian

JUDGEMENT

The plaintiff Bank has filed the suit for specific performance of the offer letters dated 12.11.1980 and 19.09.1983 and acceptance letters dated 24.11.1980 and 19.04.1984, by executing and registering a 99 year sale cum lease deed in favour of the plaintiff and also for a permanent injunction to restrain the defendant or anyone claiming through or under them, from in any manner interfering or disturbing, alienating by way of mortgage, sale, lease or demand rent in deviation to the offer letters and acceptance letters referred herein above.

2. The plaint in brief:

The plaintiff is a wholly owned Government of India undertaking, carrying on banking business, having its Head Office at New Delhi and zonal office at Chennai. The plaintiff and the defendant vide contract comprising offer and acceptance letters, purchased the premises measuring 6,521 sq.ft. in the ground floor, 6,616 sq.ft. in the first floor and 200 sq.ft. in the basement floor situated at Spencer Towers 1- at No. 770-A, Anna Salai, for possession and usage for 99 years.

3. The plaintiff contends that the plaintiff has paid a sum of Rs.51,39,538.20/- and has taken possession of the premises on 25.11.1980. According

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