ninety two cents of land in survey nos.580/1 to 580/8 in No.149, Pallikaranai village Saidapet Taluk on receipt of Rs.6,00,000/as advance and fixed a sale price at Rs.2,46,00,000/- agreeing to pay the balance amount within a period of three months from the date of execution of the said sale agreement. The respondent / plaintiff was ready and willing to perform the said sale agreement and complete the sale transaction within a stipulated period, however, for want of registered power of attorney from the principal,viz., the wife of the 1st petitioner, viz., 2nd petitioner, it was not proceeded with. Thereafter, the respondent / plaintiff insisted the execution of power of attorney in favour of the 1st petitioner by the 2nd petitioner / defendants and on 07.11.2011, the respondent / plaintiff seems to have sent xerox copies of the demand drafts in favour of the 1st petitioner herein, which is dated 14.11.2011 for Rs.19,20,000/- and for Rs.7,10,000/- dated 16.11.2011 and again another demand draft on the same date for Rs.8,90,000/- and on 17.11.2011 for Rs.17,00,000/- totaling a sum of Rs.71,20,000/and by sending the same, informed the petitioners about his readyness and willingness to complete the sale and for registration after receiving the balance sale consideration. The respondent / plaintiff further submitted that a sum of Rs.71,20,000/- is the guideline value as of November 2011 for Plot No.8, owned by the 1st petitioner.
