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Millennium Plaza Ltd. & Anr. vs Ip Support Services (India) Pvt … on 15 July, 2015

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Facts
2. The background facts are that IPSSIPL entered into an agreement
dated 2nd July 1997 with MPL and UL whereby the latter agreed to
allot to IPSSIPL office space at floors Nos. 6, 7, 8 and 9 in Tower „A‟
of the Millennium Plaza Complex (MPC) in Sector 27, Gurgaon,
Haryana for a total price of Rs. 12,36,42,900/-. On 2nd and 4th
December, 1997 and 13th November 1999, further agreements were
entered into between the aforesaid parties where under MPL and UL
agreed to allot car parking spaces to IPSSPL. It is not disputed that the

entire consideration for the aforementioned floors and car parking
spaces stand paid by IPSSIPL to MPL and UL.
3. An agreement dated 12th November, 1999 was entered into between
LHIPL, MPL and UL in terms of which MPL and UL agreed to allot
office space at Floor No. 10 in Tower „A‟ of the Millennium Plaza for
a price of Rs. 3,54,36,000/-. On 13th November, 1999, an another
agreement was entered whereunder MPL and UL agreed to allot car
parking spaces to LHIPL. It is not disputed that LHIPL has paid the
entire sale consideration.

Source: Indian Kanoon

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