Pinky Jain & Anr. vs M/S Ameya Universal Project Pvt. … on 1 December, 2016

2. The plaintiffs have controverted the above contentions.

CS (OS) No.624/2013 Page 1.
3. The relevant facts in brief are as follows:

The plaintiffs have filed a suit on a Memorandum of Understanding

(MoU) dated 10.07.2010 entered into between plaintiffs and the defendant in

respect of business in the project namely “The Saphhire” in Sector-49,

Gurgaon. Plaintiffs have stated that they had contributed a sum of ` 5.5

crores into that project and they were assured guaranteed profit of

`5,27,20,964/-and were also entitled to recover 50% of the profit. This suit

was filed by the plaintiffs for recovery of ` 2,03,60,482/- and they have also

sought preliminary decree directing the defendant to render the true and

correct account relating to the business carried out in terms of MoU dated

10.07.2010 along with interest and also prayed for the dissolution of the

partnership.

Source: Indian Kanoon

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