Defendant in executing the project, namely, sale transaction, pertaining to the property referred to in the Memorandum of Understanding. The Memorandum of Understanding refers to a property in the Schedule. The parties mutually agreed that after settling the consideration to the owners of the agricultural lands, which is described in the schedule, they agreed to take possession and control of the Schedule mentioned property. The property, which is described in the Schedule, is to an extent of 6 acres and 84 cents comprised in Old S.No.9/1, Ekattoor Village, Chengalput Taluk, Kancheepuram District. The Plaintiff admitted during the cross examination that he did not know the vendors before or after the Memorandum of Understanding. Therefore, this Court is unable to find any pleading or evidence that the Memorandum of Understanding dated 27.05.2004 is supported by consideration or it was acted upon. The recitals in the Memorandum of Understanding are contradictory. Though the Plaintiff did not plead payment of any amount, in the additional written statement, he referred to payment towards development without proof of any development. He relied upon tax returns which were filed after the written statement.
