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Registrar, declared the Conveyance dated 18 August 1989 as cancelled or avoided the same as being 'non est';

(g) On 4 October 2002, the Vaitys entered into an agreement for development of the first property with Defendant No.40 and executed a Power of Attorney in favour of the partners of Defendant No.40;

(h) By an agreement dated 27 November 2003, Defendant No.40 assigned rights in respect of the first property in favour of the Plaintiff. In pursuance of the agreement, the Plaintiff entered into possession of the first property, made investments to the extent of Rs.7.40 Crores, constructed a sample flat and issued letters of allotment to 84 purchaser (which allotments have subsequently been recalled on account of disputes);