Full Order Text
Final Order 1 · 05 Mar 2021 · CNR MHCC010123542019
Order Details: Ex-parte Judgement Pdf Text: MHCC010123542019 Presented On :- 28/11/2019 Registered On :- 04/01/2020 Delivered On :- 04/03/2021 Duration :- Y-01/M-03/D-08 IN THE BOMBAY CITY CIVIL COURT AT GREATER BOMBAY SUMMARY SUIT NO. 42 OF 2020 Exhibit-13 Manohar Khandu Kalbhor, age 45 years, Indian Inhabitant, carrying on business at Patra Chawl Near Gujarathi School, Subhash Nagar, New Mill Road, Kurla (W), Mumbai-400 070 ….Plaintiff Vs Sunanda Umesh Chandne, adult, working for gain with B.M.C. Office, M/W Ward, Emp. CD- 04108988, Position-30045663, Dept. S.W.M; 1st Road, Chembur, Mumbai 400 071 and D-4/51, Labor Camp, P. L. Lokhande Marg, Near Chembur Rly. Station, Tolak Nagar, Mumbai 400089 ....Defendants SUIT FOR RECOVERY OF Rs.2,95,000/- Appearance:- Adv.Mr. Rajesh M. Patil for the Plaintiff. Exparte against Defendants. -- 1 of 6 -- 2 Sum. Suit No.42/2020 CORAM : HER HONOUR JUDGE SMT. S.G. SHAIKH. CITY CIVIL COURT GR.MUMBAI (C.R. NO.59). DATE : 05/03/2020 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 plaintiff has advanced amount of Rs.2,50,000/- to the defendant on 10/06/2018 with interest @ 18% p.a. for which the the defendant had executed a promissory note in favour of the plaintiff. The plaintiff on several occasion orally demanded from defendant the repayment of the said amount of Rs.2,50,000/- but the defendant failed and neglected to pay the same. Hence, the plaintiff by advocate’s notice dated 24/08/2019, finally called upon the defendant to pay the said sum of Rs.2,50,000/- with up to date interest but defendant failed and neglected either to pay the said sum or to reply the said demand. Hence, plaintiff is constrained to file the suit for recovery of the said amount. The total suit claim of the plaintiff for Rs.2,95,000/-. 3. The suit summons were duly served on the defendant but he 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 :- -- 2 of 6 -- 3 Sum. Suit No.42/2020 POINTS FINDINGS 1 What is due and payable from the defendant to the plaintiff ? A] If yes, what would be the rate of interest? Amount of Rs.2,95,000/- with interest @ 18 percent per annum on principal amount of Rs.2,50,000/- 2 What order and decree? Suit is decreed. R E A S O N S 5. In order to prove the case of the plaintiff filed following documentary evidence. Exhibit. No. Description of documents Date 7 Demand promissory note of Rs.2,50,000/- 10/06/2018 8 Notice of demand 24/08/2019 9 Xerox copy of Money Lending License 13/07/2018 10 Xerox copy of Form No.10 10/06/2018 11 Xerox copy of Cash Entry 10/06/2018 12 Xerox copy of Ledger Entry 09/06/2018 AS TO POINT NO.1 :- 6. All the documents produced by the plaintiff at Exhibits-7 to 12 goes to establish that plaintiff has given amount of Rs.2,50,000/- to the defendant. The documents further prove that the amount of Rs.2,95,000/- is due and payable to the plaintiff from defendant towards the amount. The defendant have failed to repay the said amount to the plaintiff. The documents at list Exhibits-7 to 12 goes to -- 3 of 6 -- 4 Sum. Suit No.42/2020 establish that the defendant is liable to pay Rs.2,95,000/- to the plaintiff on the date of filing of the suit towards the said amount and therefore, the defendant have failed to repay the said amount to the plaintiff. In this background, it is held that plaintiff is entitled to recover sum of Rs.2,95,000/- from the defendant. 7. The plaintiff has claimed 18% per annum on the principal 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 contract existing between the parties as to the rate of interest which shall be levied. Therefore, the transaction is a commercial one and rate of interest @ 18% per annum would be just and proper to be awarded on the principal sum adjudged i.e. amount of Rs.2,95,000/-. 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.2,95,000/- from the defendant with interest on principal amount of Rs.2,50,000/- at the rate of 18% per annum from the date of filing of the suit till its realization. Plaintiff is also entitled to recover cost of the suit from defendant. Hence, in answered to point No.2, I proceed to pass the following order. O R D E R 1. The defendant shall pay Rs.2,95,000/- (Rs. Two Lakhs Ninety Five Thousand Only) to the plaintiff and interest on principal amount of Rs.2,50,000/- at the rate of 18% per annum from the date of filing of the suit till its realization. -- 4 of 6 -- 5 Sum. Suit No.42/2020 2. Defendant do pay costs of the suit to the plaintiff. 3. Court fee, if any, be refunded as per rule. 4. Decree be drawn accordingly. Date :05/03/2021 (Smt. S. G. Shaikh) Judge, City & Civil Court, Gr. Bombay Dictated on :05/03/2021 Typed on :05/03/2021 Signed on : -- 5 of 6 -- 6 Sum. Suit No.42/2020 “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL SIGNED JUDGMENT/ORDER.” 05.03.2021 05.20 p.m. ( Mayuresh P. Tathe) UPLOAD DATE AND TIME NAME OF STENOGRAPHER Name of the Judge (With Court room No.) HHJ Smt. S. G. Shaikh (C.R.No.59) Date of Pronouncement of JUDGMENT/ORDER 05/03/2021 JUDGMENT/ORDER signed by P.O.on 05/03/2021 JUDGMENT/ORDER uploaded on 05/03/2021 -- 6 of 6 --
