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2015 (8) TMI 1498

..... p.a. on the entire principal amount - HELD THAT:- The order dated 22.5.2015 was passed with the consent of the parties, wherein it was recorded that “It is also agreed between the parties that in the event of default of payment of 25% of principal amount within the time stipulated, the entire suit shall stand decreed.” Insofar as the said amount has not been paid, there is default of t .....

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..... stance of the defendants that the Court had granted them an opportunity to pay 25% of the principal amount, i.e., ₹ 1,00,00,000 on or before 7.7.2015. The order dated 22.5.2015 was passed with the consent of the parties, wherein it was recorded that It is also agreed between the parties that in the event of default of payment of 25% of principal amount within the time stipulated hereinabove, .....

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