CHARANJIT SINGH vs VK CHABRA & ANR.

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on:13thFebruary 2025 Pronounced on:12th March 2025. CS(OS) 69/2023 CHARANJIT SINGH .....Plaintiff Through: Mr. Aniket Bhattacharya, Mr. Karan, Advocates versus V.K. CHABRA & ANR. .....Defendants Through: CORAM: HON'BLE MR. JUSTICE ANISH DAYAL JUDGMENT CS(OS) 69/2023 1. The present suit has been filed by the plaintiff for recovery of Rs. 4,76,00,000/- (Rupees Four Crore Seventy-Six Lakhs only) along with pendente lite and future interest at the rate of 18 percent per annum. 2. Summons were issued to defendant no. 1 on 1 st February 2023 and defendant no.2 was dropped from the array of parties on the same day. 3. Defendant no. 1’s right to file written submissions was closed on 20 th September 2023. Defendant no. 1 was proceeded ex parte vide Order dated 7th October 2024. 4. Defendant no. 1 came into contact with the plaintiff and his older brother, in 2015, through defendant no. 2. Defendant no. 2 was a financial advisor to the plaintiff and his family. It has been alleged by the plaintiff that defendant no. 2 acted as a middleman in the entire transaction, which proceeded as under: i. It was represented that defendant no. 1 was s