Full Order Text
Final Order 1 · 10 Oct 2019 · CNR MHCC010009552019
Order Details: Ex-parte Judgement Pdf Text: SUMMARY SUIT NO.312/2019 1 Received on : 23012019 Registered on : 20022019 Decided on : 10102019 Duration : 00Y 07M 20D IN THE BOMBAY CITY CIVIL COURT AT MUMBAI SUMMARY SUIT NO. 312 of 2019 (CNR NO.: MHCC010009552019) Mr. Mangesh Nagurao Gadge of Mumbai an adult Indian Inhabitant, aged 29 years, Occupation carrying on Money lending Business, in the name of Mr. Mangesh Nagurao Gadge underlicense No.RBE990, and having his residence and office address at Kohinoor City, Coop. Housing Society Ltd. Building No.6, 3rd Floor, Flat No.634, Kurla west Mumbai70. ...Plaintiff Versus Mr. Ganesh Dashrath Salave of Navi Mumbai an adult, Indian Inhabitant, Aged about 47 years, Occupation Service residing at B302, Mujawar Apartment, Plot No.49, Near to Ganesh visarjan Talao, Sector No.20, Navi Mumbai Koparkhairane, District Thane. 400709. And also having his office address at Ganesh Bal Mandir High School, Near To Kohinoor city, Christian Village, L. B. S. Marg, Kurla West Mumbai400070. ….Defendant -- 1 of 5 -- SUMMARY SUIT NO.312/2019 2 Appearances: Advocate Mr.Balbhem Patil for the Plaintiff. Defendant Exparte. CORAM : HIS HONOUR JUDGE SHRI.M.S.LONE (C.R.NO.28) DATED : 10th October 2019 J U D G M E N T This is a suit for recovery of Rs. 3,94,500/ (Rupees Three Lacs Ninety Four Thousand and Five Hundred Only). 2. The plaintiff’s case in nutshell is that on 20.04.2017 the defendant executed a Demand Promissory Note in favour of plaintiff for valuable consideration of Rs. 3,00,000/. The plaintiff had also promised to pay the interest at the rate of 18 % p.a. on the said amount. Inspite of demand plaintiff had not paid the amount. Defendant is in default of Rs. 3,94,500/ (Rupees Three Lacs Ninety Four Thousand and Five Hundred Only). Hence this suit. 3. The defendant was served with summon for appearance but he remained absent therefore, suit is proceeded exparte against him. 4. From the material on record following points come for my determination and my findings with reasons are as follows: -- 2 of 5 -- SUMMARY SUIT NO.312/2019 3 POINTS FINDINGS 1. Whether the plaintiff proves that defendant executed a demand promissory note for valuable consideration? Yes 2. Whether the plaintiff proves that amount of Rs. 3,94,500/ (Rupees Three Lacs Ninety Four Thousand and Five Hundred Only) is due and recoverable from the defendant? Yes 3. Whether the plaintiff is entitled to recover the amount of Rs. 3,94,500/ (Rupees Three Lacs Ninety Four Thousand and Five Hundred Only) with interest as claimed? Yes 4. What order and decree? As per final order REASONS AS TO POINT NOS.1 TO 4. 5. Since all points are interlinked they are discussed together. To prove its case plaintiff examined himself, vide Exh.7 and filed original promissory note and demand notice. 6. The affidavit is supported by the documentary evidence. The original promissory note and demand notice shows that on 20.04.2017 the defendant executed a Demand Promissory Note in favour of plaintiff for valuable consideration of Rs. 3,00,000/. The plaintiff had also promised to pay the interest at the rate of 18 % p.a. on the said amount. Inspite of demand plaintiff had not paid the amount. Defendant is in -- 3 of 5 -- SUMMARY SUIT NO.312/2019 4 default of Rs. 3,94,500/ (Rupees Three Lacs Ninety Four Thousand and Five Hundred Only). As far as rate of interest is concerned, the plaintiff has prayed for interest at the rate of 18% p.a. The said rate of interest in mentioned in the promissory note. The relationship between the plaintiff and defendant is contractual in nature and so such rate of interest can be granted. Therefore, point no. 1 to 3 is answered as “Yes” and following order is passed: ORDER 1. Suit is exparte decreed with costs. 2. Defendant do pay to plaintiff an amount of Rs. 3,94,500/ (Rupees Three Lacs Ninety Four Thousand and Five Hundred Only) with interest at the rate of 18% p.a. from the date of filing of this suit till full and final realization of the amount. 3. Court fee be refunded as per rules. 4. Decree be drawn up accordingly. (M.S.LONE) Judge, Date: 10/10/2019 City Civil Court,Gr. Bombay Dictated on : 10/10/2019 Transcribed on : 10/10/2019 Signed on : 11/10/2019 -- 4 of 5 -- SUMMARY SUIT NO.312/2019 5 CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER.” 15/10/2019 at 05.30 p.m. Mr. A. S. Sugdare UPLOAD DATE AND TIME NAME OF STENOGRAPHER Name of the Judge (With Court Room No.) HHJ Shri.M.S.Lone (C.R.NO.28) Date of pronouncement of Judgment/Order 10/10/2019 Judgment/Order signed by P.O. on 11/10/2019 Judgment/Order uploaded on 15/10/2019 -- 5 of 5 --
