Full Order Text
Final Order 1 · 02 Mar 2020 · CNR MHCC010013932018
Order Details: Ex-parte Judgement Pdf Text: Sum. Suit No. 225 of 2018. Filed on : 19.06.2019 Registered on : 11.07.2019 Decided on : 02.03.2020 Duration : Year-00 Month-07 Days-17 IN THE BOMBAY CITY CIVIL COURT AT GREATER BOMBAY SUMMARY SUIT NO.225 OF 2018 (CNR NO.MHCC01-001393-2018) Exhibit-11 Deepak Shankar Pawar ….Plaintiff Age: Adult Address - Sidhivinayak CHS, 2nd Floor, Room No. 206, Near Kamraj School, 90 Feet Road, Dharavi, Mumbai 40017. ..Versus.. Parshuram Sampat Pawar Age: Adult Address - Kalina Kunchi Kurve Nagar, Pujari Chawl, Santacruz East, Galli No. 7, Mumbai - 400029. ....Defendant SUIT FOR RECOVERY OF Rs.1,78,183.56ps. Appearance:- Mr.Ramesh Jain, Advocate for the Plaintiff. Exparte against defendant. CORAM : HER HONOUR JUDGE SMT. S.G. SHAIKH. (C.R. NO.59). DATE : 02nd March, 2020. : J U D G M E N T : 1. This is a summary suit under order XXXVII of Code of Civil Procedure 1908. -- 1 of 5 -- 2 Sum. Suit No. 225 of 2019 2. The facts of the suit are summarized as under :- The plaintiff is carrying on business of money lending in Mumbai. The defendant are working in Mumbai. On 22.12.2016 Defendant executed a promissory note in favor of the plaintiff for valuable consideration of Rs.1,50,000/- The defendant had promised to pay to the plaintiff the said sum of Rs.1,50,000/- with interest thereon, at the rate of 18 percent per annum on demand. But, the defendant failed to pay to the plaintiff inspite of demands, reminders . Hence, plaintiff is constrained to file the suit for recovery of the said amount. The total suit claim of the plaintiff for Rs.1,78,183.56ps. 3. The suit summons were duly served on the defendant but they failed to appear. Hence, suit is posted for judgment as per order XXXVII Rule 2 (3) of Code of Civil Procedure 1908. 4. The following points arise for my determination and my findings there on are as under for the reasons stated there under :- POINTS FINDINGS 1 What is due and payable from the defendant to the plaintiff ? A] If yes, what would be the rate of interest? Amount of Rs.1,78,183.56ps. with interest @ 18 percent per annum 2 What order and decree? Suit is decreed. R E A S O N S 5. In order to prove the case of the plaintiff filed following documentary evidence. -- 2 of 5 -- 3 Sum. Suit No. 225 of 2019 Exhibit. No. Description of documents Date 7 Promissory Note 22.12.2016 8 Legal issued by advocate for the plaintiff to the defendant 19.12.2017 9 Money Lender Licence -- 10 Forms under Bombay Money Lending Act -- AS TO POINT NO.1 :- 6. All the documents produced by the plaintiff at Exhibits-7 to 11 goes to establish that plaintiff has given amount of Rs.1,50,000/- to the defendant as loan. The documents further prove that the amount of Rs.1,50,000/- is due and payable to the plaintiff from defendant towards the loan amount. The defendant have failed to repay the said loan amount to the plaintiff. The documents at list Exhibits-7 to 11 go to establish that the defendant are liable to pay Rs.1.78.183.56 paise to the plaintiff on the date of filing of the suit towards the said loan amount and therefore, the defendant have failed to repay his loan amount to the plaintiff. In this background, it is held that plaintiff is entitled to recover sum of Rs.1.78.183.56 ps. from the defendant. 7. The plaintiff has claimed 18% per annum on the principle amount. As per section 34 of the Code of Civil Procedure the rate of interest may exceeds 6% per annum, if the transaction is commercial and there is no contract pertaining to the same between the parties. In the present case, the transaction is commercial one and there is such contract existing between the parties as to the rate of interest which shall be levied. Therefore, the transaction is a simple handloan -- 3 of 5 -- 4 Sum. Suit No. 225 of 2019 transaction and rate of interest @ 18% per month would be just and proper to be awarded on the principle sum adjudged i.e. amount of Rs.1.78.183..56 ps. Hence, point No.1 is answered in the affirmative. AS TO POINT NO.2 : 8. In view of discussion and finding on point No.1, it is held that plaintiff is entitled to recover Rs.1,78,183.56ps. from the defendant with interest at the rate of Rs.18% per month from the date of filing of the suit till its realization. Plaintiff is also entitled to recover cost of the suit from defendant. Hence, in answered to point No.2, I proceed to pass the following order. : O R D E R : 1. The defendant pay Rs.1,78,183.56/- (Rs. One Lakh Seventy Eight thousand One Hundred Eighty Three and Fifty Six paise Only) to the plaintiff with interest at the rate of 18% per annum from the date of filing of the suit till its realization. 2. The defendant do pay costs of the suit to the plaintiff. 3. Court fee, if any, be refunded as per rule. 4. Decree be drawn accordingly. Date :02.03.2020 (Smt. S. G. Shaikh) Ad-Hoc Judge, City & Civil Court, Gr. Bombay Typed on : 02.03.2020. Signed on : 02.03.2020. -- 4 of 5 -- 5 Sum. Suit No. 225 of 2019 “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED ORDER.” UPLOAD DATE TIME STENOGRAPHER NAME (Typist) 02.03.2020 5.45 p.m. Miss. N.T.Kokare Name of the Judge H.H.J. Sabiha.G.Shaikh. Ad-hoc Judge. (Court Room No.59) Date of pronouncement of Order 02.03.2020 Order signed by P.O. on 02.03.2020 Order uploaded on 02.03.2020 -- 5 of 5 --
