Full Order Text
Order 1 · 05 Apr 2022 · CNR MHCC010073712018
Order Details: Ex-parte Judgement Pdf Text: 1 MHCC010073712018 Presented on : 27/04/2018 Registered on : 19/06/2018 Decided on : 05/04/2022 Duration : Y M D 03 11 22 BEFORE THE CITY CIVIL COURT, MUMBAI ( Court No.14 ) (Presided Over by Sunil U. Hake) COMMERCIAL SUIT NO. 680 OF 2021 (SUMMARY SUIT NO.635 OF 2018) Ex.05 Refinitiv India Pvt.Ltd. Thomson Reuters India Pvt. Ltd. A company incorporated under the provisions of the Companies Act, 1956 And having its Corporate office at 12th Floor, Tower 1C, One India Bulls Centre, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai 400013, Maharashtra, India ..Plaintiff (Amended as per order dated 24/02/2020) VERSUS Pushpak Bullions Private Limited A company incorporated under the Provisions of the Companies Act, 1956 Having its registered office at S F/3 Abhishek Complex, Above Girish Cold Drinks, C.G.Road, Ahmedabad Gujrat India 380006 and another office at No.6, Thakkar Niwas, No.93, Bhuleshwar Road, Mumbai400 002. ..Defendant Ld. Advocate Charusheela More for plaintiff. Ld.Adv.Aishwarya Teli i/b P.D.Jain for defendant. -- 1 of 7 -- 2 ORAL ORDER (05th day of April 2022) Suit is for recovery of an amount of Rs.15,88,364/ alongwith future interest at the rate of 18% p.a. from the date of filing of suit till it's realization. Briefly stated, plaintiff's case, is as under: 2. Plaintiff company is engaged in the business of providing information and information technology based business solutions and is a part of the Reuters Group. Defendant is a private limited company. By a 'Reuters Services Contract' dated 24/12/1999, defendant subscribed to certain services provided by plaintiff. Plaintiff and defendant entered into an order form dated 24/12/1999. The services ordered by defendant are also mentioned in the Order form dated 31/08/2009. For availing the services rendered by plaintiff, defendant agreed to pay aggregate sum of 1658 USD per month, at the then prevailing exchange rates. In November 2009, defendant subscribed to an additional services 'Connect 3000 Xtra ADD', for USD 108. Defendant agreed to abide by the terms and conditions of the agreement. Defendant availed the services given by plaintiff and made payment of invoices raised by plaintiff till March 2015. However, defendant failed to make the payment of invoices raised by plaintiff from April 2015 to October 2015. 3. As per 'Reuters Services Contract' dated 24/12/1999, Order form dated 31/08/2009 and Order form dated 03/03/2010, defendant agreed to adhere to the 12 months notice period for the termination of -- 2 of 7 -- 3 services. Defendant used the services rendered by plaintiff without any protest. However, defendant failed to make the payment of the invoices from April 2015 to October 2015. By email dated 27/11/2015 and 03/12/2015, plaintiff called upon defendant to make the payment of the outstanding invoices. But, defendant failed to make the payment of outstanding amount of Rs.10,96,142.44/. As per the terms of the contract, defendant is also liable to pay interest at the rate of 18% p.a. Plaintiff issued notice dated 04/07/2016 through advocate and asked for the outstanding amount. But, defendant failed to make the payment of outstanding amount. Hence, this suit is filed u/o.37 Rule 2 of C.P.C. 4. After service of summons, defendant appeared within stipulated period. Thereafter, plaintiff applied for summons for judgment. After service of summons for judgment, defendant filed reply affidavit and prayed for unconditional leave to defend the suit. By an order dated 03/09/2021, Summons for Judgment No.267/2018 was disposed of directing defendant to deposit an amount of Rs.10 lacs within a period of 12 weeks from the date of order. However, defendant failed to comply order dated 03/09/2021. Therefore, as per order dated 16/03/2022, suit proceeded exparte. 4. Heard Ld. advocate for plaintiff. 5. Following points arise for determination, findings thereon for the reasons to follow are as under: -- 3 of 7 -- 4 Sr. No. Points Findings 1. Does the plaintiff prove that an amount of Rs.15,88,364/ is outstanding against defendant? Proved 2. What order? Suit is decreed as per final order. REASONS Point No.1 7. Summary suit is filed u/o.37 Rule 2 of C.P.C. In support suit claim, plaintiff has filed claim affidavit of PW1 Yogesh Gadkari (Ex.3)and documents below list Ex.4. 8. PW1 Yogesh Gadkari reiterated all the facts pleaded in the plaint. Documents filed on record show that by virtue of Reuters Services Contract dated 24/12/1999, order dated 31/08/2009 and 03/03/2010, defendant subscribed to certain services provided by plaintiff. The email correspondence on record shows that plaintiff raised invoices. All the invoices were served to defendant through e mail. The email correspondence further shows that plaintiff made demand of outstanding amount against defendant. But, defendant failed to pay the same. Defendant failed to make the payment, therefore, plaintiff sent notice dated 04/07/2016 asking defendant to make the payment of outstanding amount. 9. Plaintiff's claim for outstanding amount of invoices is well supported by documents filed on record. As per order in Summons for -- 4 of 7 -- 5 Judgment, leave to defend the suit was granted to defendant subject to payment of an amount of Rs.10 lacs. But, defendant failed to comply said order. The principal amount towards the invoices outstanding against defendant was Rs.10,96,142.44/. As per the terms of contract, plaintiff is entitled to claim interest at the rate of 18% p.a. Plaintiff has applied interest @18% p.a. to the principal outstanding amount and by applying interest @18% p.a. on the principal amount of Rs.10,96,142.44/, total outstanding amount comes to Rs.15,88,364/. Plaintiff is entitled for the same. From all above discussion, it is held that plaintiff has proved that an amount of Rs.15,88,364/ is outstanding against defendant. Point No.1 is answered accordingly. 10. Plaintiff has claimed interest @ 18% p.a. from the date of filing suit till it's realization. As per the terms of the Order Form and nature of transaction, plaintiff is entitled to interest @ 18% p.a. from the date of filing suit till it's realization. In the result, following order. ORDER 1. Commercial Suit is decreed with costs. 2. Defendant shall pay an amount of Rs.15,88,364/ (Rupees Fifteen Lacs Eighty Eight Thousand Three Hundred and Sixty Four only) alongwith interest @ 18% p.a. on the principal amount of Rs.10,96,142.44/ to plaintiff from the date of the suit till it's realization within two months. 3. Court fees be refunded as per (E) Rules framed under Section 11(2) of the Bombay City Civil Court Act, 1948, for the refund of Institution Fee. -- 5 of 7 -- 6 3. Decree thus follow. (S. U. HAKE) JUDGE, Dt. 05/04/2022 CITY CIVIL COURT, GR.MUMBAI. Dictated on : 05/04/2022 Transcribed on : 05/04/2022 Signed on : 05/04/2022 -- 6 of 7 -- 7 “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGEMENT/ORDER” UPLOAD DATE TIME NAME OF STENOGRAPHER 05.04.2022 03.30 pm Tanushree C.Kamble Name of the Judge HHJ Shri S.U.HAKE (CR No.14) Date of Pronouncement of Judgment/Order. 05.04.2022 Judgment/order signed by P.O on 05.04.2022 Judgment/order uploaded on 05.04.2022 -- 7 of 7 --
