Full Order Text
Final Order 1 · 08 Nov 2021 · CNR MHCC010036402020
Order Details: Ex-parte Judgement Pdf Text: 1 Received on : 24.07.2020 Registered on : 09.09.2020 Decided on : 08.11.2021 Duration : 01Y 03M 15D EXHIBIT14 IN THE BOMBAY CITY CIVIL COURT AT BOMBAY SUMMARY SUIT NO. 319 OF 2020 ( CNR No.MHCC010036402020) PREMCHAND GULABCHANDJI ] Age 80 years of Mumbai an adult ] Indian Inhabitant carrying on ] business of Money Lending at and ] from 46, Modi Street, Ground Floor, ] Fort, Mumbai 400 001. ].. Plaintiff. V/s. 1. PARMESHIVAM VELLU ] Age not known of Mumbai an adult ] Indian Inhabitant working for gain ] with Western Railway, ] Khar Station, Head TC Office, ] Commercial Dept. Khar, ] Mumbai. ] 2. SURENDRA R. SHARMA ] Age not known of Mumbai an adult ] Indian Inhabitant working for gain ] with Off:Western Railway, ] COS AFF DAFTY Churchgate H.Q., ] Mumbai – 400 020 and Residing at ] Bld. No.149/G.S.V. Road, ] Bandra (West), Mumbai – 400 050. ]..Defendants. Advocates Mr. Ramesh Jain and Mrs. Kusum Jain for the plaintiff. Defendants Exparte. -- 1 of 6 -- 2 CORAM : HIS HONOUR JUDGE SHRI VIDYADHAR B. KAKATKAR (C.R.No.15). DATE : 08th NOVEMBER, 2021 JUDGMENT The Suit is instituted for the recovery of the amount of Rs. 93,739.72 Ps. along with interest on the amount of Rs.75,000/ at the rate of 15% p.a. from the date of institution of the suit till the realisation of the total decreetal amount. 2. It is the case of the plaintiff that Plaintiff is authorised money lender. Defendants executed a promissory note in favour of plaintiff for consideration of Rs.75,000/ and agreed to pay interest at the rate of 15% p.a. on the same. However, when the plaintiff demanded the said amount to defendants, they neglected and failed to pay the same. Hence, plaintiff issued a legal notice to the defendant on 11/03/2020. Defendants did not pay the amount. Hence, plaintiff was constrained to institute the present suit for the recovery of the amount. 3. The defendants were duly served but failed to appear before the Court. Hence, the suit proceeded exparte against the defendants. 4. Considering the plaint, documents on record and submissions of learned advocate for plaintiff, following points arise for my determination and my findings to them are as stated below for the following reasons. -- 2 of 6 -- 3 Sr. No POINTS FINDINGS 1 Whether the plaintiff has proved that the he advanced the amount of Rs.75,000/ to the defendants? In the Affirmative 2 Whether plaintiff has proved that the defendants agreed to pay interest at the rate of 15% p.a.? In the Affirmative 3 Whether plaintiff is entitled to the interest as claimed for? In the Affirmative 4 What Order and decree ? As per Final Order R E A S O N S AS TO POINT NOS.1 TO 4: 5. All three points are related to each other and hence, they are discussed at once. 6. Plaintiff has filed claim affidavit at Exhibit7 . He has proved all the contentions in the plaint. He has proved all the documents filed on record. Defendant was having opportunity to appear in the matter and seek leave to defend. However, defendant failed to avail that opportunity. Hence, the oral and documentary evidence led by the plaintiff has gone unchallenged. 7. Plaintiff has produced the original promissory note on record at Exhibit9 . It bears the signature of defendants. It shows that -- 3 of 6 -- 4 the amount of Rs. 75,000/ was advanced by the plaintiff to defendants and defendants agreed to pay the same with interest at the rate of 15% p.a. on demand. Plaintiff has produced on record a copy of the notice issued by him to the defendants on 12/03/2020 at Exhibit10 . Defendant did not pay the amount. 8. Plaintiff has produced on record a copy of his money lending license at Exhibit11 . It shows that plaintiff is an authorised money lender. Plaintiff has filed copy of form Nos. 8 and 14 which show the transaction. They are at Exhibit12 colly. Plaintiff has produced on record a copy of his ledger at Exhibit13. It also shows the transaction between plaintiff and defendants. 9. All these documents clearly show that the plaintiff has advanced amount of Rs.75,000/ to the defendants and defendants agreed to repay the same with interest at the rate of 15% p.a. They executed a promissory note in favour of plaintiff but failed to pay the amount on demand. The rate of interest of 15% p.a. is agreed between the parties. Hence, there is no need to change the same. I have come to the conclusion that plaintiff is entitled to the decree as prayed for. 10. In view of all above discussion, I answer point Nos.1 to 3 in the affirmative and proceed to pass the following order. O R D E R 1. The suit is decreed with costs. 2. The Defendants are directed to pay jointly and severally the amount of Rs.93,739.72Ps. alongwith interest on the amount of Rs.75,000/ at the rate of 15% p.a. from the date of institution of the suit till realisation -- 4 of 6 -- 5 of the decreetal amount within 60 days of the date of this order. 3. Court fees be refunded in appropriate proportion and as per the entitlement. 4. Decree be drawn up accordingly. 5. Summary Suit No.319/2020 stands disposed of accordingly. (VIDYADHAR B. KAKATKAR) Judge, City Civil Court, Date: 08.11.2021 Gr.Mumbai. Dictated on: 08.11.2021 Typed on : 08.11.2021 Signed on : 11.11.2021. -- 5 of 6 -- 6 CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER” UPLOAD DATE AND TIME NAME OF STENOGRAPHER 12.11.2021 AT 1.30 P.M. MRS. SUPRIYA S. PAWAR Name of the Judge (with Court Room no.) HHJ SHRI VIDYADHAR B. KAKATKAR (C.R. No.15) Date of Pronouncement of Judgment/Order 08.112021 Judgment/Order signed by P.O. on 11.11.2021 Judgment/Order uploaded on 12.11.2021 -- 6 of 6 --
