Full Order Text
Final Order 1 · 24 Apr 2026 · CNR MHCC010029362020
Order Details: Ex-parte Judgement Pdf Text: ..1.. Commercial Suit No. 81 of 2021 MHCC010029362020 Presented on : 07/03/20 Registered on : 04/03/21 Decided on : 24/04/26 Duration : 06 Y : 01 M : 17 D IN THE BOMBAY CITY CIVIL COURT, GREATER MUMBAI AT MAZGAON EXH-17 COMMERCIAL SUIT NO.81 OF 2021 Canara Bank Formally known as (Syndicate Bank) A body corporate, constituted under the Banking companies (Acquisition & transfer of Undertakings) Act of 1970 having its Head office at: 112, J. C. Road, Bangalore- 560 002, and having its Branch office at 1st Floor, Omrigar Building, above Badshah Cold Drinks, Lokmanya Tilak Marg, Crawford Market, Mumbai- 400 003. ] ] ] ] ] ] ] ..Plaintiff Versus 1. M/s. Sanket Tours and Travels, A Proprietary Concern of the Defendant No.2, having address at 45/15 B.D.D. Chawl, 2nd Floor, Sewree, X-Road, Sewree Railway Station, Mumbai- 400 015. 2. Mr. Sanket Ashok Surve, An adult, Indian Inhabitant, Proprietor of M/s. Sanket Tours and Travels, having his address at- 45/15 B.D.D. Chawl, 2nd Floor, Sewree, X-Road, Sewree Railway Station, Mumbai- 400 015. ] ] ] ] ] ] ] ] ] ] ] ] ] ..Defendants Appearance :- Ld. Adv. Akash Acharya for plaintiff. None for defendants. (Ex-parte) -- 1 of 5 -- ..2.. Commercial Suit No. 81 of 2021 CORAM : SACHIN SURYAKANT PATIL,JUDGE COURT ROOM NO.32. DATE : 24/04/2026. J U D G M E N T 1) This Commercial Suit is filed for recovery of amount under Commercial Court Act, 2015. The facts in brief are as under - 2) Defendant obtained term loan of Rs.6,10,000/-. He agreed to repay the loan with interest @ 9.85% P.A. He did not repay the loan as agreed. The account was declared NPA on 01.03.2018. Amount of Rs.4,34,464.69/- is due from the defendant. Demand notice sent to defendant on 25.02.2020. Defendant did not comply with the notice and repay the loan. Hence, this suit for recovery of amount. 3) The first writ of summons was served upon the defendants. Defendants did not appear. Hence, matter proceeded ex-parte against the defendants. 4) Heard the arguments of plaintiff. In view of aforesaid facts, following points arise for my determination. I have recorded my decisions thereon for the reasons stated as under : SR. NO. POINTS DECISIONS 1. Whether the plaintiff is entitled for recovery of sum of Rs.4,34,464.69/- with interest @ 9.85% p.a. ? Yes 2. What order ? ...As per final order. -- 2 of 5 -- ..3.. Commercial Suit No. 81 of 2021 R E A S O N S 5) The authorised person of plaintiff Aniruddh Kamalkishor Badyal has filed evidence affidavit vide Exhibit-15. Plaintiff has relied upon documentary evidence produced at Exh-P1/1 to Exh-P1/21. AS TO POINT NOS.1 & 2 :- 6) PW-1 Mr. Aniruddh Kamalkishor Badyal has deposed that, defendant obtained term loan of Rs.6,10,000/-. He agreed to repay the loan with interest @ 9.85% P.A. He did not repay the loan as agreed. The account was declared NPA on 01.03.2018. Amount of Rs.4,34,464.69/- is due from the defendant. Demand notice sent to defendant on 25.02.2020. Defendant did not comply with the notice and repay the loan. 7) On perusal of loan documents produced by the plaintiff at Exh- P1/1 to Exh-P1/21, it is evident that defendant had obtained vehicle loan of Rs.6,10,000/-. As per the evidence of plaintiff, amount of Rs.4,34,464.69/- is due from defendant as on the date of suit. Defendant has not appeared in the present suit. The suit has been proceeded ex-parte. Therefore, the case of plaintiff has remained unchallenged. Plaintiff has produced documents to show that defendant agreed to pay interest @ 9.85% p.a. Hence, while answering point Nos.1 and 2 in affirmative, I pass the following order :- ORDER 1. Commercial Suit No.81 of 2021 is decreed with costs. 2. Defendants shall jointly and severally pay an amount of Rs.4,34,464.69/- (Rupees Four Lakh Thirty Four Thousand Four Hundred Sixty Four and Sixty Nine -- 3 of 5 -- ..4.. Commercial Suit No. 81 of 2021 Paise Only) to plaintiff with interest at the rate of 9.85% p.a. from the date of suit till its realization. 3. Decree be drawn accordingly. (Judgment dictated and pronounced in open Court) ( Sachin Suryakant Patil ) Judge, City Civil & Sessions Court, Mazgaon, Mumbai, Court No.32 Dated :24/04/2026 Dictated and typed on :24/04/2026. Signed by HHJ on :24/04/2026. -- 4 of 5 -- ..5.. Commercial Suit No. 81 of 2021 “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER.” Upload Date Upload Time Mahesh S. Lugade Name of Stenographer24.02.2026 05.00 p.m. Name of the Judge (With C.R. No.) SACHIN SURYAKANT PATIL,JUDGE (COURT ROOM NO.32) Date of Pronouncement of JUDGMENT / ORDER 24/04/2026. JUDGMENT / ORDER signed by P.O. on 24/04/2026. JUDGMENT / ORDER uploaded on 24/02/2026. -- 5 of 5 --
