DELHI’ . It was pleaded that defendant No.9 was given a right by the Airport Authority of India to develop land in ‘ Asset Area 3 ’ , which right was assigned by defendant No.9 in favour of defendant No.3 (Blue Coast Hotels Ltd.) which in turn created a special purpose vehicle : Silver Resort Hotel Pvt. Ltd.(defendant No.2), which in turn had some kind of an internal agreement with Blue Coast Infrastructure Development Pvt. Ltd. (defendant No.1) concerning the Asset Area 3. A reference was made to Assured Return Agreement and a Space Agreement of even date entered into between the plaintiffs and Blue Coast Infrastructure Development Pvt.Ltd. and Silver Resort Hotel India Pvt.Ltd.; albeit on different dates. As per the plaint, the 81 investors had paid 84,03,54,452/- (Rupees Eighty Four Crores Three Lacs Fifty Four Thousand Four Hundred and Fifty Two only) under the Assured Return Agreement and Space Agreement. It was pleaded that under the Assured Return Agreement the plaintiffs were entitled to receive as of November, 2014, 11,79,96,192/- (Rupees Eleven Crores Seventy Nine Lacs Ninety Six Thousand One Hundred and Ninety Two only). It was pleaded that defendants No.1 to 3, under the operational control of the Suris, were holding out that all their projects are group projects, one of which was in Goa called Park Hyatt Goa situated Arossim Beach, Cansaulim in South Goa. Reference was made to Sheraton Hotel in Chandigarh and at Amritsar.
