Full Order Text
Final Order 1 · 03 Oct 2022 · CNR MHCC010113812019
Order Details: Ex-parte Judgement Pdf Text: 1 Comm. Suit 260/2019 MHCC010113812019 Presented on : 7.11.2019 Registered on : 18.12.2019 Decided on : 03.10.2022 Duration : 2Y/9M/15D. IN THE CITY CIVIL COURT AT MUMBAI. COMMERCIAL SUIT NO.260 OF 2019 VIPUL TOOLS CENTRE, Office Ground Floor, Gyan Bhawan, Plot No.8, Kumtha Street, ballard estate, Mumbai400 001. Through its Authorized person Mr. Santosh Tukaram Bhabad, aged 40 years. …PLAINTIFF VERSUS Windals Auto Pvt. Ltd. Registered Officer at : Unit No.5/B, 5th floor, Goldlines Business Centre, Near Chinchoili Fire Brigade, Link Road, Malad(W), Mumbai400 064. ... DEFENDANT Shri.Arvind Taral, learned advocate for Plaintiff. Defendant Exparte. CORAM : SHRI.N.P.TRIBHUWAN, ADHOC DISTRICT JUDGE (C.R.NO.32) J U D G M E N T (Delivered on 03/10/2022) This is a suit for recovery of sum of Rs.30,89,826/ with further interest @ 18% p.a. on principal sum of Rs.20,68,070/ from the date of suit till realisation of the amount. -- 1 of 5 -- 2 Comm. Suit 260/2019 2. It is case of plaintiff that it is a registered partnership firm and dealing in business of manufacturing of tools and allied products. Defendant is a Company registered under the Companies Act. As per the orders placed by defendant the plaintiff has sold, supplied and delivered goods time to time to the defendant. Plaintiff has raised invoices for the same. As per the terms of invoices the defendant is liable to pay interest @ 18% p.a. to the plaintiff if defendant failed to make payment within due dates. Defendant did not pay the outstanding due amount. Plaintiff has many times requested the defendant to make payment but it gave false promises. Hence, plaintiff through advocate issued notice dtd.8.1.2019 under the provisions of the Insolvency and Bankruptcy Code, 2016 calling upon the defendant to clear the outstanding. Defendant replied the said notice by letter dtd.14.1.2019 and admitted its liability. However, defendant has not clear the outstanding dues. Plaintiff has maintain ledger account. As per the said ledger account the defendant is liable to pay to the plaintiff principal sum of Rs.20,68,070/ as on the date of filing of the suit. As the defendant failed to pay the sum mentioned in the invoices in the due date, plaintiff is entitled for interest @18% p.a. from 5.11.2019 which comes to Rs.10,21,756/ (Total Rs.30,89,826). Hence, this suit. 3. Inspite of service of suit summons, defendant did not appear and hence suit proceeded exparte against him. 4. On above facts following points arise for determination of this court and recorded findings thereon for the reasons stated as under. POINTS FINDINGS 1. Whether the plaintiff proved that it has sold, supplied and delivered goods of Rs.20,68,070/ between December 2015 to …Yes. -- 2 of 5 -- 3 Comm. Suit 260/2019 October 2019 to defendant? 2. Whether the plaintiff proved that defendant is in outstanding of principal sum of Rs.20,68,070/ and interest of Rs.10,21,756/ upto 5.11.2019 ? …Yes. 3. Whether plaintiff is entitled for interest @ 18 % p.a. on principal amount of Rs.20,68,070/ from the date of suit till realization of amount ? ...Yes. 4. Whether plaintiff is entitled for the relief claimed ? ...Yes. 5. What order and decree? ...As per final order. REASONS AS TO POINT Nos.1 TO 4: 5. Heard learned counsel of plaintiff. Plaintiff has examined its power of attorney/authorized signatory (PW1 Santosh Tukaram Bhabad) to prove its case. He reproduced all content of plaint in his chiefexamination. He has filed documents (Exh.11 to 14) :(i) invoices (Page 1 to 211), (ii) legal notice dtd.8.1.2019 with postal receipt, (iii) reply notice dtd.14.1.2019, (iv) ledger account for a period 1.12.2015 to 31.10.2019. 6. Evidence of PW1 remained unchallenged as suit proceeded exparte against the defendant. Therefore, considering testimony of PW 1 and documents, it becomes clear that plaintiff has sold, supplied and delivered goods as per above tax invoice. Defendant deprived the plaintiff from his legitimate right to use the money. Considering the prevailing market rate of interest in commercial transactions, it will be just and proper to charge interest @ 18% p.a. on principal sum from due date mentioned in the invoices. Principal Sum of Rs.20,68,070/ -- 3 of 5 -- 4 Comm. Suit 260/2019 plus interest of Rs.10,21,756/ remained to be paid by defendant. Hence, plaintiff is entitled for the relief claimed. Thus, I answered point Nos. 1 to 4 as above. Hence, I pass the following order. ORDER 1. Suit is decreed with costs. 2. Defendant is directed to pay a sum of Rs.30,89,826/ to plaintiff. 3. Defendant is directed to pay interest @ of 18% p.a. on principal sum of Rs.20,68,070/ to plaintiff. 4. Decree be drawn up accordingly. Date : 03/10/2022. (N.P. Tribhuwan) Judge, City Civil Court, Mumbai. C.R.No.32 -- 4 of 5 -- 5 Comm. Suit 260/2019 Dictated on : 03/10/2022. Checked on : 03/10/2022. Signed on : 03/10/2022. CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER” 4/10/2022. Mrs.Rupali S. Bhor UPLOAD DATE AND TIME NAME OF STENOGRAPHER Name of the Judge(with CR No.) HHJ SHRI. N. P. TRIBHUVAN (C.R.No.32) Date of pronouncement of Order 3/10/2022. Order signed by P.O. on 3/10/2022. Order uploaded on 4/10/2022. -- 5 of 5 --
