Full Order Text
Final Order 1 · 06 May 2022 · CNR MHCC010043422020
Order Details: Ex-parte Judgement Pdf Text: MHCC010043422020 Presented on 03-10-2020 Registered on 16-10-2020 Decided on 06-05-2022 Duration Yrs. M. Days 01 07 03 CNR No. MHCC010043422020 EXH.10 IN THE BOMBAY CITY CIVIL COURT AT BOMBAY SUMMARY SUIT NO.384 OF 2020 HEMANT RASIKLAL DAVE of Mumbai an adult Indian inhabitant, having his address at B/201, Odhavram Apartment, Near S. V. M. School, New Maniklalu Bhatwadi, Ghatkopar, Ghatkopar (West), Mumbai – 400 086. ...Plaintiff. V/s. ALPESH MANSUKH BHANUSALI age and full name not known of Mumbai, an adult Indian inhabitant having his Address at 1/4, Harsha Apartment, Near Somayya College, Behind Natraj Bar, Vidya Vihar, Mumbai – 400 077. ....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 : 6th MAY, 2022. -- 1 of 5 -- 2 Summary Suit No.384 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.1,38,996.16/ (Rupees One Lakh Thirty Eight Thousand Nine Hundred Ninety Six and Sixteen Paise Only) and further interest on the principal amount of Rs.1,20,000/(Rupees One Lakh Twenty 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 residing at Mumbai. The defendant executed Demand Promissory Note of Rs.1,20,000/(Rupees One Lakh Twenty Thousand Only) on 15.04.2019. 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 19.12.2019. The plaintiff therefore filed the present suit. The plaintiff prayed for a sum of Rs.1,38,996.16/ (Rupees One Lakh Thirty Eight Thousand Nine Hundred Ninety Six and Sixteen Paise Only) and calculated interest on principal amount of Rs.1,20,000/(Rupees One Lakh Twenty 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 remain absent and therefore, the suit was proceeded exparte as per order dated 26.10.2021. -- 2 of 5 -- 3 Summary Suit No.384 of 2020 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 15.04.2019 Exh.05, Plaintiff's legal notice dated 19.12.2019 Exh.06, Plaintiff filed cheque dated 20.01.2020 Exh.07, Plaintiff Advocate's letter dated 08.02.2020 Exh.08. Money lender license Article 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 promised to pay at Mumbai to the plaintiff a sum of Rs.1,20,000/ 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.1,38,996.16/with interest on the principal amount of Rs.1,20,000/. 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.384 of 2020 ORDER 1. The Summary suit no.384 of 2020 is decreed with costs. 2. Defendant shall pay amount of Rs.1,38,996.16/ (Rupees One Lakh Thirty Eight Thousand Nine Hundred Ninety Six and Sixteen Paise Only) to the plaintiff along with interest at the rate of 9 percent per annum on the principal amount of Rs.1,20,000/ (Rupees One Lakh Twenty 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.: 06052022 City Civil Court, Gr. MUMBAI Direct Typed on : 06052022 checked on : 06052022 Signed on : 12052022 ( Smt. R. K. Kshirsagar ) Judge, (C.R.No.13) City Civil Court, Gr. MUMBAI -- 4 of 5 -- 5 Summary Suit No.384 of 2020 “CERTIFIED TOBE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER” 19.05.2022 at 11.55 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 06.05.2022 Judgment/order signed by P.O. on 12.05.2022 Judgment/order uploaded on 19.05.2022 -- 5 of 5 --
