LAWS(JHAR)-2011-4-153

DREAMS CONSULTANT PRIVATE LIMITED Vs. HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED (HUDCO) AND ORS.

Decided On April 25, 2011
Dreams Consultant Private Limited Appellant
V/S
Housing And Urban Development Corporation Limited (Hudco) And Ors. Respondents

JUDGEMENT

(1.) HEARD learned Counsel for the Appellant.

(2.) THIS is the admitted fact that in April, 2009 the Respondents stopped paying undisbursed loan amount to the Appellant. Since the Appellant admits that in April, 2009, they were not released their instalments, they did not come to this Court and in November, 2009 the cheque of the Appellant bounced, which was to the tune of Rupees 1.53 Crores. This shows that both the parties are erring according to the Petitioner Appellant.