₹5 Lakh Recovery Suit Dismissed After Loan Claim Found Unproved: Delhi Court

The District Court at Karkardooma, Delhi has dismissed a suit filed by Sh. Deepak Singh seeking recovery of ₹5,00,000 from Sh. Deepak Mishra, along with 18% pendente lite and future interest. The suit arose from a business arrangement between the parties. They entered into a general agreement dated 16.03.2021 to start a partnership business dealing in paper raw materials and scrap papers. Deepak Singh claimed that Deepak Mishra later sought…