Full Order Text
Final Order 1 · 07 Jan 2020 · CNR MHCC010068272019
Order Details: Ex-parte Judgement Pdf Text: Summary Suit No. 741 of 2019. Presented On : 24.07.2019 Registered On : 24.07.2019 Delivered On : 07.01.2020 Duration : 00Y. 05M. 14D. IN THE BOMBAY CITY CIVIL COURT AT GREATER BOMBAY SUMMARY SUIT NO.741 OF 2019 (CNR NO. MH CC010068272019) Exhibit 11 Rameshkumar Babulal Shah. Age.:58 years, Occ.: Address: 12, Kakad Wadi, Ground Floor, Mogre Building, V.P. Road, Bombay – 400 004. ….Plaintiff ..Versus.. 1. Dattaram Tanaji Koli. Address : Rajesh Patil House, New Mandala Village, SionTrombay Road, Mumbai – 400 088. 2. Vitthal Jagannath Adagale. Address : Room No.403, Gangadhar Tower, 4th Floor, Sector No.9, Kamothe, Navi Mumbai. ...Defendants. SUIT FOR RECOVERY OF Rs.85,000/ Appearance: Mr.Dileep Sutale, 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). -- 1 of 5 -- DATE : 07 th January,2019 : 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 : The plaintiff and defendants are the residents of Mumbai. Both are known to each other. The plaintiff advanced to defendants no. 1 and 2 the sum of Rs.85,000/ on 28th September, 2018 in cash with interest at the rate of 18% p.a. for which defendants have executed Bill of exchange in favour of the Plaintiff. Defendants have promised to pay to the plaintiff the said sum of Rs.85,000/ with interest thereon, at the rate of 18% per annum on demand. But, defendants failed to pay to the plaintiff inspite of demands, reminders and receipt of the legal notice dated 15th April, 2019. Hence, plaintiff is constrained to file the suit for recovery of the said amount. The total suit claim of the plaintiff for Rs.85,000/. 3. The suit summons were duly served on the defendants, but they have 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 defendants to the plaintiff ? A] If yes, what would be the rate of interest? Amount of Rs.85,000/ with interest @ 10 % per annum. 2 What order and decree? Suit is decreed. -- 2 of 5 -- R E A S O N S 5. The plaintiff Rameshkumar Babulal Shah has filed his affidavit at Exhibit 3. In order to prove the case of the plaintiff filed following documentary evidence. Exhibit. No. Description of documents Date Exhibit8 Original Bill of Exchange 28/09/2018 Exhibit9 Plaintiff's advocate notice of demand alongwith courier reciept. 15/04/2019 AS TO POINT NO.1 : 6. All the documents produced by the plaintiff at Exhibit8 and 9 goes to establish that the plaintiff has given amount of Rs.85,000/ to defendants as loan. The documents further prove that the amount of Rs.85,000/ is due and payable to the plaintiff from defendants towards the loan amount. Defendants have failed to repay the said loan amount to the plaintiff. The documents at list Exhibits 8 and 9 goes to establish that defendants are liable to pay Rs.85,000/ to the plaintiff on the date of filing of the suit towards the said loan amount and therefore defendants have failed to repay their loan amount to the plaintiff. In this background, it is held that plaintiff is entitled to recover sum of Rs.85,000/ from defendants. 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 no such 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 @ 10% per annum would be just and proper to be awarded on -- 3 of 5 -- the principle sum adjudged i.e. amount of Rs.85,000/. 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.85,000/ from the defendant with interest at the rate of Rs.10% 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. Defendant No.1 and 2 shall jointly or severally pay Rs.85,000/ (Rupees Eighty five thousand only) to the plaintiff with interest at the rate of 10% per annum from the date of filing of the suit till its realization. 2. Defendants 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:07.01.2020 (Smt. S. G. Shaikh) AdHoc Judge, City & Civil Court, Gr. Bombay Typed on : 07.01.2020 Signed on : -- 4 of 5 -- “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED ORDER.” UPLOAD DATE TIME STENOGRAPHER NAME 18.01.2020 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 07.01.2020 Order signed by P.O. on 07.01.2020 Order uploaded on 18.01.2020 -- 5 of 5 --
