Final Order 1

Order Details: Copy of Judgment
Pdf Text: Sum. Suit No. 878 of 2019.
Filed on : 20.08.2019
Registered on : 04.09.2019
Decided on : 12.02.2020
Duration : Year-00 Month-05 Days-09
IN THE BOMBAY CITY CIVIL COURT AT GREATER BOMBAY
SUMMARY SUIT NO.878 OF 2019
(CNR NO.MHCC01-008670-2019)
Exhibit-12
Premchand Gulabchandji
Age : 72 years,
Address: 46, Modi Street,
Ground foor, Fort,
Mumbai – 400 001. ….Plaintif
..Versus..
1. Sadanand Tukaram Rane
Age : Adult,
Working for gain B.P.C. Commerce House,
Ballard Pier Post Ofce, Gr. C. Speed Post SN,
Mumbai – 400 001.
And
Residing at : 2/1, Vakratund Co-op. Society,
Chinchodacha Pada, Subhash Road,
Dombivli(W), Dist – Thane.
2. Shri Tasleem Ahmed Shaikh
Age : Adult,
Working for gain Staf Section Chief
Post Master General, 2nd foor, GPO Building,
Mumbai – 400 001.
And
Residing at : Flat No.478/B, Ashraf Colony,
Chand Nagar, Kausa-Mumbra,
Dist – Thane, ....Defendants
SUIT FOR RECOVERY OF Rs.49,068.49ps.
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2 Sum. Suit No. 878 of 2019
Appearance:-
Mr. Ramesh Jain, Advocate for the Plaintif.
Exparte against Defendant.
CORAM : HER HONOUR JUDGE
SMT. S.G. SHAIKH.
(C.R. NO.59).
DATE : 12th February, 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 :-
The plaintif is carrying on business of money lending in
Mumbai. The defendants are working in Mumbai. The plaintif
advanced to the defendants the sum of Rs.45,000/- on
22.12.2018 in cash with interest at the rate of 1.25 percent
per month for which the defendants had executed Demand
Promissory note in favour of the Plaintif. The defendants had
promised to pay to the plaintif the said sum of Rs.45,000/-
with interest thereon, at the rate of 1.25 percent per month on
demand. But, the defendants failed to pay to the plaintif
inspite of demands, reminders and receipt of the legal notice
dated 10.07.2019. Hence, plaintif is constrained to fle the
suit for recovery of the said amount. The total suit claim of the
plaintif for Rs.49,068.49ps.
3. The suit summons were duly served on the defendants
but they failed to appear. Hence, suit is posted for judgment
as per order XXXVII Rule 2 (3) of Code of Civil Procedure 1908.
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3 Sum. Suit No. 878 of 2019
4. The following points arise for my determination and my
fndings there on are as under for the reasons stated there
under :-
POINTS FINDINGS
1 What is due and payable from
the defendants to the plaintif
A] If yes, what would be the rate
of interest
Amount of
Rs.49,068.49ps
with interest
@ 1.25% per month
2 What order and decree Suit is decreed.
R E A S O N S
5. In order to prove the case of the plaintif fled following
documentary evidence.
Exhibit.
No.
Description of documents Date
7 Promissory Note of Rs.45,000/- 22.12.2018
8 Plaintif's advocate letter along with
postal acknowledgment
10.07.2019
9 Money Lending License --
10 Form under Bombay Money Lending
Act.
--
11 Books of account. --
AS TO POINT NO.1 :-
6. All the documents produced by the plaintif at Exhibits-7
to 11 go to establish that plaintif has given amount of
Rs.45,000/- to the defendants as loan. The documents further
prove that the amount of Rs.45,000/- is due and payable to
the plaintif from defendants towards the loan amount. The
defendants have failed to repay the said loan amount to the
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4 Sum. Suit No. 878 of 2019
plaintif. The documents at list Exhibits-7 to 11 go to establish
that the defendants are liable to pay Rs.49,068.49ps. to the
plaintif on the date of fling of the suit towards the said loan
amount and therefore, the defendants have failed to repay his
loan amount to the plaintif. In this background, it is held that
plaintif is entitled to recover sum of Rs.49,068.49 ps. from the
defendants.
7. The plaintif 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
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 @ 1.25% per month
would be just and proper to be awarded on the principle sum
adjudged i.e. amount of Rs.49,068.49 ps. Hence, point No.1
is answered in the afrmative.
AS TO POINT NO.2 :
8. In view of discussion and fnding on point No.1, it is
held that plaintif is entitled to recover Rs.49,068.49ps. from
the defendants with interest at the rate of Rs.1.25% per
annum from the date of fling of the suit till its realization.
Plaintif 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.
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: O R D E R :
1. The defendants shall jointly and severally pay
Rs.49,068.49/- (Rs. Forty Nine Thousand Sixty
Eight and Forty Nine Paise Only) to the plaintif
with interest at the rate of 1.25% per month from
the date of fling of the suit till its realization.
2. Defendants do pay costs of the suit to the
plaintif.
3. Decree be drawn accordingly.
4. Court fee, if any, be refunded as per rule.
Date :12.02.2020 (Smt. S. G. Shaikh)
Ad-Hoc Judge,
City & Civil Court,
Gr. Bombay
Typed on : 12.02.2020.
Signed on : 12.02.2020.
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“CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL
SIGNED ORDER.”
UPLOAD DATE TIME STENOGRAPHER NAME
12.02.2020 4.45 p.m. Mr. Tushar P. Kuwar
Name of the Judge H.H.J. Sabiha.G.Shaikh.
Ad-hoc Judge.
(Court Room No.59)
Date of pronouncement of
Order
12.02.2020
Order signed by P.O. on 12.02.2020
Order uploaded on 12.02.2020
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