Full Order Text
Final Order 1 · 15 Jan 2020 · CNR MHCC010047272019
Order Details: Ex-parte Judgement Pdf Text: Sum. Suit No. 571 of 2019. Presented On : 06.06.2019 Registered On : 06.06.2019 Delivered On : 15.01.2020 Duration : 00Y. 07M. 09D. IN THE BOMBAY CITY CIVIL COURT AT GREATER BOMBAY SUMMARY SUIT NO.571 OF 2019 (CNR NO. MH CC010047272019) Exhibit 12 Husenema Kajanna Anreddy, Age.:45 years, Occ.: Money Lender, Address: Room No.207, AWing, Nabi Nagar CHS Ltd., 60 Feet Road, Dharavi, Mumbai – 400 017. ….Plaintiff ..Versus.. Ajit Bhiva Pawar. Age.: Not known, Occ.: Service, Address.: Shri Ekvira Krupa Bldg., Room No.301, 3rd Floor, Naveen Wada Road, Virar (East) ....Defendant. SUIT FOR RECOVERY OF Rs.2,02,668.49ps. Appearance: Mr.Ramesh Jain, Advocate for the Plaintiff. Exparte against Defendant. CORAM : HER HONOUR JUDGE SABIHA. G. SHAIKH Adhoc Judge City Civil Court, Gr. Bombay (C.R.NO.59) DATE : 15 th January, 2020 : J U D G M E N T : 1. This is a summary suit under order XXXVII of Code of Civil Procedure 1908. 2. The facts of the suit are summarized as under : -- 1 of 5 -- 2 Sum. Suit No. 571 of 2019 The plaintiff is carrying on business of money lending in Mumbai. The defendant is working in Mumbai Municipal Corporation. The plaintiff advanced to the defendant the sum of Rs.1,50,000/ on 05 th April, 2017 in cash with interest at the rate of 18% p.a. for which the defendant had executed Demand Promissory note in favour of the Plaintiff. The defendant had promised to pay to the plaintiff the said sum of Rs.1,50,000/ with interest thereon, at the rate of 18% per annum on demand. But, the defendant failed to pay to the plaintiff in spite of demands, reminders and receipt of the legal notice dated 13th November, 2017. Hence, plaintiff is constrained to file the suit for recovery of the said amount. The total suit claim of the plaintiff for Rs.2,02,668.49ps. 3. The suit summons were duly served on the defendant but he failed to appear. Hence, suit is posted for judgment as per order XXXVII Rule 2 (3) of Code of Civil Procedure 1908. 4. The following points arise for my determination and my findings there on are as under for the reasons stated there under : POINTS FINDINGS 1 What is due and payable from the defendant to the plaintiff ? A] If yes, what would be the rate of interest? Amount of Rs.1,50,000/ with interest @ 18 % per annum. 2 What order and decree? Suit is decreed. R E A S O N S 5. In order to prove the case of the plaintiff filed following documentary evidence. -- 2 of 5 -- 3 Sum. Suit No. 571 of 2019 Exhibit. No. Description of documents Date Exhibit7 Promissory Note of Rs.1,50,000/ 05/04/2017 Exhibit8 Plaintiff's advocate letter along with postal acknowledgment 13/11/2017 Exhibit9 Forms No. 10 under Bombay Money Lending Act 05/04/2017 Exhibit10 Books of account. 05/04/2017 AS TO POINT NO.1 : 6. All the documents produced by the plaintiff at Exhibit7, 8, 9 and 10 goes to establish that plaintiff has given amount of Rs.1,50,000/ to the defendant as loan. The documents further prove that the amount of Rs.1,50,000/ is due and payable to the plaintiff from defendant towards the loan amount. The defendant has failed to repay the said loan amount to the plaintiff. The documents at list Exhibits 7 to 10 goes to establish that the defendant is liable to pay Rs.2,02,668.49ps. to the plaintiff on the date of filing of the suit towards the said loan amount and therefore the defendant has failed to repay his loan amount to the plaintiff. In this background, it is held that plaintiff is entitled to recover sum of Rs.2,02,668.49ps. from the defendant. 7. The plaintiff has claimed 18% per annum on the principle amount. As per section 34 of the Code of Civil Procedure the rate of interest may exceeds 6% per annum, if the transaction is commercial and there is no contract pertaining to the same between the parties. In the present case the transaction is commercial one and there is such -- 3 of 5 -- 4 Sum. Suit No. 571 of 2019 contract existing between the parties as to the rate of interest which shall be levied. Therefore, the transaction is a simple handloan transaction and rate of interest @ 18% per annum would be just and proper to be awarded on the principle sum adjudged i.e. amount of Rs.2,02,668.49ps. Hence, point No.1 is answered in the affirmative. AS TO POINT NO.2: 8. In view of discussion and finding on point No.1 it is held that plaintiff is entitled to recover Rs.2,02,668.49ps. from the defendant with interest at the rate of Rs.18% per annum from the date of filing of the suit till its realization. Plaintiff is also entitled to recover cost of the suit from defendants. Hence, in answered to point No.2, I proceed to pass the following order. : O R D E R : 1. The defendant shall pay Rs.2,02,668.49/ (Rupees Two Lacs Two Thousand Six hundred Sixty Eight and Fourty Nine Paise) to the plaintiff with interest at the rate of 18% per annum from the date of filing of the suit till its realization. 2. Defendant do pay costs of the suit to the plaintiff. 3. Decree be drawn accordingly. 4. Court fee, if any, be refunded as per rule. Date:15.01.2020 (Ms. S. G. Shaikh) AdHoc Judge, City & Civil Court, Gr. Bombay Typed on : 15.01.2020 Signed on : 15.01.2020 -- 4 of 5 -- 5 Sum. Suit No. 571 of 2019 “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED ORDER.” UPLOAD DATE TIME STENOGRAPHER NAME 20.01.2020 04.25 p.m. Mrs. P.R.Wagh Name of the Judge H.H.J. Sabiha.G.Shaikh. Adhoc Judge. (Court Room No.59) Date of pronouncement of Order 15.01.2020 Order signed by P.O. on 15.01.2020 Order uploaded on 20.01.2020 -- 5 of 5 --
