Full Order Text
Final Order 1 · 13 Jan 2023 · CNR MHCC010036802020
Order Details: Ex-parte Judgement Pdf Text: MHCC010036802020 Presented on 29-07-2020 Registered on 22-10-2021 Decided on 13-01-2023 Duration Yrs. M. Days 02 05 15 CNR No. MHCC010036802020 EXH.08 IN THE BOMBAY CITY CIVIL COURT AT BOMBAY SUMMARY SUIT NO.896 OF 2021 GANGARAM MALKU GADGE of Mumbai an adult Indian inhabitant having his address at Room No.1, Plot No.198, Tulja Bhawani Society, Shivneri Nagar, Shingre Wadi, Bail Bazaar, Kurla (West), Mumbai 400 070. ...Plaintiff. V/s. SUMIT RAVNDRA KADAM of Mumai an adult Indian inhabitant working for gain B.M.C., Conservancy Dept., 1st Floor, “L” Ward, S. G. Barve Road, Kurla (West), Mumbai 400 070. and residing at Bhimsena Mitramandal, Bldg., No.D/4, Dr.Ambedkar High School 8, Behind College, P.L. Lokhande Marg, Chembur, Mumbai 400 089. ....Defendant. Appearances: Ld. Adv Mr. Ramesh Jain for plaintiff. None for defendant. -- 1 of 5 -- 2 Summary suit no.896 of 21 CORAM : HER HONOUR JUDGE SMT. R.K. KSHIRSAGAR (C.R.No.13) DATED : 13th JANUARY, 2023. 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.1,53,408.21/ (Rupees One Lakh Fifty Three Thousand Four Hundred Eight and Twenty One Paise Only) and further interest on the principal amount of Rs.1,00,000/(Rupees One Lakh 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 working in BMC office, Mumbai. The defendant executed Demand Promissory Note of Rs.1,00,000/ (Rupees One Lakh only) on 12.06.2017. 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 21.02.2020. The plaintiff therefore filed the present suit. The plaintiff prayed for a sum of Rs.1,53,408.21/ (Rupees One Lakh Fifty Three Thousand Four Hundred Eight and Twenty One Paise Only) and calculated interest on principal amount of Rs.1,00,000/ (Rupees One Lakh only) till the suit is filed. The plaintiff claimed further interest at the rate 18% p.a. and prayed to decree the suit. -- 2 of 5 -- 3 Summary suit no.896 of 21 3. The defendant was duly served with writ of summon. He remained absent and therefore, the suit was proceeded exparte as per order dated 29.06.2022. 4. Heard the arguments advanced by the Learned Advocate for plaintiff. The plaintiff filed his 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 12.06.2017 vide Exh.05, Plaintiffs Advocate's letter dated 21.02.2020 vide Exh.06, Money lender license Artice A, Forms under Bombay Money lending Act 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 promise to pay at Mumbai to the plaintiff a sum of Rs.1,00,000/ 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.1,53,408.21/with interest on the principal amount of Rs.1,00,000/. -- 3 of 5 -- 4 Summary suit no.896 of 21 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: ORDER 1. The Summary Suit no.896 of 2021 is decreed with costs. 2. Defendant shall pay amount of Rs.1,53,408.21/ (Rupees One Lakh Fifty Three Thousand Four Hundred Eight and Twenty One Paise Only) to the plaintiff along with interest at the rate of 9 percent per annum on the principal amount of Rs.1,00,000/ (Rupees One Lakh 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.: 13012023 City Civil Court, Gr. MUMBAI Direct Typed on : 13012023 checked on : 13012023 Signed on : 13012023 ( Smt. R. K. Kshirsagar ) Judge, (C.R.No.13) City Civil Court, Gr. MUMBAI -- 4 of 5 -- 5 Summary suit no.896 of 21 “CERTIFIED TOBE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER” 18.01.2023 at 11.30 a.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 13.01.2023 Judgment/order signed by P.O. on 13.01.2023 Judgment/order uploaded on 18.01.2023 -- 5 of 5 --
