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Himland Real Estate Pvt. Ltd. vs Ghevarchand R. Jain on 5 February, 2021

8. Mr. Verma, learned senior counsel for the plaintiff further argued that with a view to avoid execution of MoU and Supplementary MoU and to usurp amount deposited by the plaintiff in bank account of the defendants, defendants had filed Civil Suit No. 3 of 2008, titled M/s Himland Real Estate Pvt. Ltd. v. Ghevarchand R. Jain, but same though was hotly contested by the plaintiff, defendants after six years, agreed to settle dispute outside the court and aforesaid civil suit was withdrawn on 18.9.2014, and parties were relegated to the position prior to filing of the suit. He submitted that defendants withdrew the suit in Lok Adalat, as a result of which, parties acknowledged the continuance of MoU and SMoU dated 26.5.2007, respectively.
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