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Sri Ranjit Nahata vs Serve & Valley Outdoor Advertising Pvt. ...
2024 Latest Caselaw 2743 Cal/2

Citation : 2024 Latest Caselaw 2743 Cal/2
Judgement Date : 29 August, 2024

Calcutta High Court

Sri Ranjit Nahata vs Serve & Valley Outdoor Advertising Pvt. ... on 29 August, 2024

Author: Sugato Majumdar

Bench: Sugato Majumdar

                       IN THE HIGH COURT AT CALCUTTA
                    ORDINARY ORIGINAL CIVIL JURISDICTION
                                   ORIGINAL SIDE
                             COMMERCIAL DIVISION


Present:
The Hon'ble Justice Sugato Majumdar


                                   CS-COM/721/2024
                                [OLD NO CS/240/2011]

                                 SRI RANJIT NAHATA
                                            VS
              SERVE & VALLEY OUTDOOR ADVERTISING PVT. LTD.


For the Plaintiff                   :      Mr. Debdut Mukherjee, Adv.
                                           Mr. Gaurab Kumar Das, Adv.
                                           Mr. Mukesh Kumar Gupta, Adv.
                                           Mr. A.B. Dutta, Adv.


Hearing concluded on                :      27/08/2024

Judgment on                         :      29/08/2024


Sugato Majumdar, J.:

This is a suit for recovery of price of goods sold.

The Plaintiff is the sole proprietor of the proprietorship concern of the name

and style of M/S Gotam Textile & Electrical, carrying on business at 32, Ezra Street,

Kolkata - 7001, within jurisdiction of this Court. The Defendant is a private limited

company, registered under the Companies' Act, 1956 carrying on business of

supplying various electrical components and items for rendering advertisement

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services to its' clients. The Defendant has its office at 5/2, Russel Street, Kolkata,

now at Room No.231, Karnani Manson, 25A, Park Street, Kolkata, within jurisdiction

of this Court.

The Defendant approached the Plaintiff, sometime in the month of May,

2008, at Ezra, Street, Kolkata and expressed willingness to purchase from the

Plaintiff diverse electrical equipment for its business purpose. The Plaintiff agreed

upon. There was oral agreement between the parties that the Plaintiff would supply

of diverse electrical equipment and components to the Defendant for advertisement

business. It was agreed upon that the Plaintiff should, on demand from the

Defendant, sale and supply the goods and the Defendant at such place and time, as

the Defendant would require and order. It was also agreed upon that the Defendant

shall make payments against such goods in time. In case of failure of the Defendant

to pay price of the goods in time, the Defendant would be liable to pay interest at a

rate of 24% per annum. Accounts between the parties were running and continuous.

Subsequently, between the months of May, 2008 and April, 2010, sale and supply of

goods were made by the Plaintiff to the Defendant whereas the later made an

aggregate payment of Rs.9,03,234/- on account of such sale and supply. Last

payment was made by the Defendant by cheque no. 144937 dated 05/04/2010 drawn

on Dhanalakshmi Bank, containing a sum of Rs.51,304/-, leaving a sum of

Rs.11,87,908/- due owe and payable. In spite of repeated demands, outstanding

amount has not been paid by the Defendant. Outstanding amount, at the date of

presentation of the plaint was:

3|Page

Principal amount : Rs. 11,87,908/-

       Interest at a rate of 24% per            :    Rs.2,87,077.77p
       annum         on    and     from
       30/06/2011.


       Total                                     :   Rs.14,74,985.77p



On being constrained, the Plaintiff instituted the instant suit praying for, inter

alia, recovery of the outstanding amount, as aforesaid.

The Defendant did not appear to contest the suit, as appears from the report

of the Registry, in spite of service of writ of summons. The suit became undefended.

The Plaintiff's witness examined himself, produced evidence-on-affidavit. The

Plaintiff also adduced documentary evidences which were admitted in evidence and

marked accordingly.

P.W.1 testified oral agreement between the parties. P.W.1 identified various

documentary evidences adduced. Ext. A series contain challans and invoices

evidencing delivery of goods to the Defendant in the year 2008. Ext. B, collectively,

is the statement of bank account of the Plaintiff's concern maintained in Corporation

Bank, Armenian Street Branch which bears testimony of payments made by the

Defendant starting from 02/08/2008. The last payment was made on 30/04/2009.

The suit was presented on 28/09/2011.

Unchallenged testimonies adduced on behalf of the Plaintiff establish that

there was an agreement between the parties herein followed by sale, supply and

delivery of goods. Payments, from time to time, were made by the Defendant,

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leaving an amount of Rs.11,87,908/- outstanding and payable as principal sum, being

the price of goods. Therefore, the Plaintiff is entitled to a decree for recovery of the

principal sum of money along with interest. In absence of any written document,

this Court, however, is not willing to impose interest at a rate of 24% per annum.

Hence, it is ordered that the Plaintiff do get a decree of Rs.11,87,908/- along

with interest at a rate of 12% per annum on and from 30/06/2011 till realization.

Let the decree be drawn up.

The instant suit is disposed of along with pending application, if any.

(Sugato Majumdar, J.)

 
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