Full Order Text
Final Order 1 · 14 Dec 2022 · CNR MHCC010015952020
Order Details: Ex-parte Judgement Pdf Text: MHCC010015952020 Presented on 05-02-2020 Registered on 17-02-2020 Decided on 14-12-2022 Duration Yrs. M. Days 02 10 09 CNR No. MHCC010015952020 EXH.8 IN THE BOMBAY CITY CIVIL COURT AT BOMBAY SUMMARY SUIT NO.210 OF 2020 KRANTI AMOL NARKAR of Mumbai an adult Indian inhabitant having her address at 9/10/10, Swami Vivekanand Nagar, Dr. E Moses Road, Worli, Mumbai 400 018. ...Plaintiff. V/s. VINOD RAJARAM SANGAM Age not known of Mumbai an adult Indian inhabitant working for gain at BEST, N/T, O & M (LN) StsticI Sec, B.G. Temkar Marg, Prabhadevi, Worli, Mumbai 400 030. And residing at 38, 2/2,G.T.B. Nagar, G.C. Road, Vijaynagar, Sion Koliwada, Mumbai 400 037. ....Defendant. Appearances: Ld. Adv Mr. Ramesh Jain for plaintiff. None for defendant. CORAM : HER HONOUR JUDGE SMT. R.K. KSHIRSAGAR (C.R.No.13) DATED : 14th DECEMBER, 2022. -- 1 of 5 -- 2 Summary Suit No.210 of 2020 J U D G M E N T (Exparte) 1. The present Summary Suit is filed by plaintiff for recovery of a sum of Rs.1,80,106.84/ (Rupees One Lakh Eighty Thousand One Hundred Six and Eighty Four Paise Only) and further interest on the principal amount of Rs.1,50,000/(Rupees One Lakh Fifty Thousand Only) along with interest at the rate of 18% per annum from the date of filing of the suit till its actual realization. 2. The facts in brief are as follows: The plaintiff is doing money lending business under license. The defendant is an adult Indian inhabitant working in BEST, Mumbai. The defendant executed Demand Promissory Note of Rs.1,50,000/ (Rupees One Lakh Fifty Thousand Only) on 10.12.2018. The defendant promised to pay the principal amount with interest at the rate of 18% per annum. But he failed to repay the amount. The Defendant, failed and neglected to pay the said sum and dishonoured the promissory note. The plaintiff issued legal notice dated 14.08.2019. The plaintiff therefore filed the present suit. The plaintiff prayed for a sum of Rs.1,80,106.84/(Rupees One Lakh Eighty Thousand One Hundred Six and Eighty Four Paise Only) and calculated interest on principal amount of Rs.1,50,000/(Rupees One Lakh Fifty Thousand Only) till the suit is filed. The plaintiff claimed further interest at the rate 18% p.a. and prayed to decree the suit. 3. The defendant was duly served with writ of summon. He remained absent and therefore, the suit was proceeded exparte as per order dated 05.03.2022. -- 2 of 5 -- 3 Summary Suit No.210 of 2020 4. Heard the arguments advanced by the Learned Advocate for plaintiff. The plaintiff filed her Claim Affidavit vide Exh.03. The plaintiff filed the documents as per the list of documents vide Exh.04. Plaintiff filed Demand Promissory Note dated 10.12.2018 Exh.05, Plaintiff's legal notice dated 14.08.2021 Exh.06, Money lender license Article A, Form No.8 Article B, Books of Accounts Article C. 5. After going through the documents and argument of the Learned advocate for plaintiff, the perusal of document Ex.05 shows that the Demand Promissory Note was accepted by defendant in favour of plaintiff and on demand defendant promised to pay at Mumbai to the plaintiff a sum of Rs.1,50,000/ and also consented to repay the sum on demand along with interest of 18%. The plaintiff further filed legal notice, vide Exh.06. 6. After going through the documents and argument of the Learned advocate for plaintiff, it seems that the plaintiff handed over the Demand Promissory Note Exh.05 and defendant failed to repay the same, even after, he was issued legal notice. However, the defendant failed to reply the same. The defendant neither appeared nor filed his evidence. Therefore, the plaintiff is entitled for the due amount of Rs.1,80,106.84/ with interest on the principal amount of Rs.1,50,000/ . 7. It seems that the plaintiff has demanded exorbitant interest at the rate of 18% per annum. Considering the nature of transaction, the interest at the rate of 9% per annum would meet the ends of justice. I therefore, proceed to pass the following order: -- 3 of 5 -- 4 Summary Suit No.210 of 2020 ORDER 1. The Summary Suit No.210 of 2020 is decreed with costs. 2. Defendant shall pay amount of Rs.1,80,106.84/ (Rupees One Lakh Eighty Thousand One Hundred Six and Eighty Four Paise Only) to the plaintiff along with interest at the rate of 9 percent per annum on the principal amount of Rs.1,50,000/(Rupees One Lakh Fifty Thousand Only) from the date of filing suit till its actual realisation. 3. Decree be drawn up accordingly. 4. Court fee if any be refunded as per rules to the plaintiff. 5. Judgment is dictated and pronounced in open court. R and P be sent to Record Department. ( Smt. R. K. Kshirsagar ) Judge, (C.R.No.13) Dt.: 14122022 City Civil Court, Gr. MUMBAI Direct Typed on : 14122022 checked on : 14122022 Signed on : 14122022 ( Smt. R. K. Kshirsagar ) Judge, (C.R.No.13) City Civil Court,Gr. MUMBAI -- 4 of 5 -- 5 Summary Suit No.210 of 2020 “CERTIFIED TOBE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER” 19.12.2022 at 05.03 p.m. UPLOAD DATE AND TIME (YATISH R. JAGDALE) NAME OF TYPIST Name of the Judge H.H.J.Smt.R.K.Kshirsagar (COURT ROOM NO.13) Date of pronouncement of judgment/order 14.12.2022 Judgment/order signed by P.O. on 14.12.2022 Judgment/order uploaded on 19.12.2022 -- 5 of 5 --
