Full Order Text
Final Order 1 · 03 Sept 2019 · CNR MHCC010042542019
Order Details: Ex-parte Judgement Pdf Text: SUMMARY SUIT NO.501/2019 1 Received on : 08042019 Registered on : 25042019 Decided on : 03092019 Duration : 00Y 04M 26D IN THE BOMBAY CITY CIVIL COURT AT MUMBAI SUMMARY SUIT NO. 501 of 2019 (CNR NO.: MHCC010042542019) Yankavva Yallappa Andredi Age 45 years of Mumbai an adult Indian Inhabitant, having her address at Room No.3 Chawl No.G/27, Matunga Labour Camp, Mumbai400 019 through C.A. Lakshya Yallappa Andredi Age years ...Plaintiff Versus Mahadev Baburao Shinde Age not known of Mumbai, an adult Indian Inhabitant, working for gain with Shop Tech Loader Domestic Airport, Mumbai400 099 and residing at 242 Shastri Nagar, West Exp.Highway, Vileparle East Mumbai400 099. ...Defendant Appearances: Advocate Mr.Ramesh Jain and Mrs.Kusum Jain for the Plaintiff. Defendants Exparte. CORAM : HIS HONOUR JUDGE SHRI.M.S.LONE (C.R.NO.28) DATE : 3RD SEPTEMBER 2019 -- 1 of 4 -- SUMMARY SUIT NO.501/2019 2 J U D G M E N T This is a suit for recovery of Rs.1,37,872/(Rupees One Lac Thirty Seven Thousand Eight Hundred and Seventy Two only). 2. Plaintiff case in nut shell is that on 20/05/2018 defendant executed a demand promissory note in favour of plaintiff for valuable consideration of Rs.1,20,000/, the defendant also promised to pay interest @ 18% per annum on the said amount. On 11/02/2019 plaintiff demanded the said amount but defendant refused to pay. Defendant is in default of Rs.1,37,872/(Rupees One Lac Thirty Seven Thousand Eight Hundred and Seventy Two only). Hence, this suit. 3. The defendant was served with summons for appearance but he remained absent therefore, suit is proceeded exparte against him. 4. From the material on record following points come for my determination and my findings with reasons are as follows: POINTS FINDINGS 1. Whether plaintiff proves that defendant executed promissory note for valuable consideration? Yes 2. Whether plaintiff proves that amount of Rs.1,37,872/(Rupees One Lac Thirty Seven Thousand Eight Hundred and Seventy Two only) is due and recoverable from defendants? Yes 3. Whether plaintiff is entitled for recovery of Rs.1,37,872/(Rupees One Lac Thirty Seven Thousand Eight Hundred and Seventy Two only) with interest as claimed? Yes 4. What order and decree? As per final order -- 2 of 4 -- SUMMARY SUIT NO.501/2019 3 REASONS AS TO POINT NOS.1 TO 4. 5. Since all points are interlinked they are discussed together. To prove its case plaintiff examined Lakshya Yallappa Andredi, CA of plaintiff vide Exh.3 and filed original promissory note and notice of demand. 6. Heard Ld.Counsel for plaintiff. 7. The affidavit is supported by documents. The original promissory note and advocates demand notice shows that on 20/05/2018 defendant executed a demand promissory note in favour of plaintiff for valuable consideration of Rs.1,20,000/ the defendant also promised to pay interest @ 18% p.a. on the said amount. On 11/02/2019 plaintiff demanded the said amount but defendant refused to pay. Defendant is in default of Rs.1,37,872/(Rupees One Lac Thirty Seven Thousand Eight Hundred and Seventy Two only). As far as rate of interest is concerned plaintiff has prayed for rate of 18% p.a. As per section 80 of the N.I.Act 1882 such rate of interest can be granted. Therefore, point No.1 to 3 is answer as 'Yes' and following order is passed. ORDER 1. Suit is exparte decreed with costs. 2. Defendant do pay to the plaintiff the amount of Rs.1,37,872/ (Rupees One Lac Thirty Seven Thousand Eight Hundred and Seventy Two only) with interest @ 18% p.a. from the date of filing of the suit -- 3 of 4 -- SUMMARY SUIT NO.501/2019 4 till full and final realization. 3. Court fee be refunded as per rules. 4. Decree be drawn up accordingly. (M.S.LONE) Judge, Date: 03/09/2019 City Civil Court,Gr. Bombay Dictated on : 03/09/2019 Transcribed on : 09/09/2019 Signed on : 09/09/2019 CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER.” 11/09/2019 at 11.00a.m. Mrs.J.V.Pawar UPLOAD DATE AND TIME NAME OF STENOGRAPHER Name of the Judge (With Court Room No.) HHJ Shri.M.S.Lone (C.R.NO.28) Date of pronouncement of Judgment/Order 03/09/2019 Judgment/Order signed by P.O. on 09/09/2019 Judgment/Order uploaded on 11/09/2019 -- 4 of 4 --
