Full Order Text
Final Order 1 · 10 Oct 2019 · CNR MHCC010061772019
Order Details: Ex-parte Judgement Pdf Text: SUMMARY SUIT NO.701/2019 1 Received on : 19062019 Registered on : 11072019 Decided on : 10102019 Duration : 00Y 02M 29D IN THE BOMBAY CITY CIVIL COURT AT MUMBAI SUMMARY SUIT NO. 701 of 2019 (CNR NO.: MHCC010061772019) Premachand Gulabchandji of Mumbai, an adult Indian Inhabitant, carrying on business of Money Lending at and fro 46, Modi Street, Ground gloor, Fort, Mumbai – 400 001 ...Plaintiff Versus 1.Surendra Ramchandra Sharma age knot known, of Mumbai an adult Indian inhabitant working for gain with Western Railway, COS AFF DAFTY Churchgate, H.Q. Mumbai400 020 And residing at : Bld No.149/G. S.V.Road, Bandra (West) Mumbai 400 050 2.Paramshivam Vellu age knot known, of Mumbai an adult Indian inhabitant working for gain with Western Railway, Khar Station, Head TC Office, Commercial Dept. Khar Mumbai And residing at Bld No.151/I.S.V. Road, Bandra (West) Mumbai 400 050 ….Defendants Appearances: Advocate Mr.Ramesh Jain for the Plaintiff. Defendants Exparte. -- 1 of 5 -- SUMMARY SUIT NO.701/2019 2 CORAM : HIS HONOUR JUDGE SHRI.M.S.LONE (C.R.NO.28) DATED : 10th October 2019 J U D G M E N T This is a suit for recovery of Rs. 81,380/ (Rupees Eighty One Thousand Three Hundred and Eighty Only). 2. The plaintiff’s case in nutshell is that on 03.11.2018 the defendants executed a Demand Promissory Note in favour of plaintiff for valuable consideration of Rs. 75,000/. The plaintiff had also promised to pay the interest at the rate of 18 % p.a. on the said amount. Inspite of demand plaintiff had not paid the amount. Defendants are in default of Rs. 81,380/ (Rupees Eighty One Thousand Three Hundred and Eighty Only) Hence this suit. 3. The defendants were served with summon 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 the plaintiff proves that defendants executed a demand promissory note for valuable consideration? Yes 2. Whether the plaintiff proves that amount of Rs. 81,380/ (Rupees Eighty Yes -- 2 of 5 -- SUMMARY SUIT NO.701/2019 3 One Thousand Three Hundred and Eighty Only) is due and recoverable from the defendants? 3. Whether the plaintiff is entitled to recover the amount of Rs. 81,380/ (Rupees Eighty One Thousand Three Hundred and Eighty Only) with interest as claimed? Yes 4. What order and decree? As per final order REASONS AS TO POINT NOS.1 TO 4. 5. Since all points are interlinked they are discussed together. To prove its case plaintiff examined Mahendra P Jain, Constituted Attorney, vide Exh.7 and filed original promissory note and demand notice. 6. The affidavit is supported by the documentary evidence. The original promissory note and demand notice shows that on 03.11.2018 the defendants executed a Demand Promissory Note in favour of plaintiff for valuable consideration of Rs. 75,000/. The plaintiff had also promised to pay the interest at the rate of 18 % p.a. on the said amount. Inspite of demand plaintiff had not paid the amount. Defendants are in default of Rs. 81,380/ (Rupees Eighty One Thousand Three Hundred and Eighty Only). As far as rate of interest is concerned, the plaintiff has prayed for interest at the rate of 18% p.a. The said rate of interest in mentioned in the promissory note. The -- 3 of 5 -- SUMMARY SUIT NO.701/2019 4 relationship between the plaintiff and defendants are contractual in nature and so such rate of interest can be granted. Therefore, point no. 1 to 3 is answered as “Yes” and following order is passed: ORDER 1. Suit is exparte decreed with costs. 2. Defendants do jointly and severally pay to plaintiff an amount of Rs. 81,380/ (Rupees Eighty One Thousand Three Hundred and Eighty Only) with interest at the rate of 18% p.a. from the date of filing of this suit till full and final realization of the amount. 3. Court fee be refunded as per rules. 4. Decree be drawn up accordingly. (M.S.LONE) Judge, Date: 10/10/2019 City Civil Court,Gr. Bombay Dictated on : 10/10/2019 Transcribed on : 10/10/2019 Signed on : 11/10/2019 -- 4 of 5 -- SUMMARY SUIT NO.701/2019 5 CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER.” 15/10/2019 at 05.40 p.m. Mr. A. S. Sugdare 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 10/10/2019 Judgment/Order signed by P.O. on 11/10/2019 Judgment/Order uploaded on 15/10/2019 -- 5 of 5 --
