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Satish Bansal vs City Capital Foundation Limited
2014 Latest Caselaw 3570 Del

Citation : 2014 Latest Caselaw 3570 Del
Judgement Date : 6 August, 2014

Delhi High Court
Satish Bansal vs City Capital Foundation Limited on 6 August, 2014
Author: Sanjeev Sachdeva
*IN THE HIGH COURT OF DELHI AT NEW DELHI

%                       Date of Decision: 6 th August, 2014

                      CS(OS)3282/2011

 SATISH BANSAL                                .... Plaintiff

                    Through: Mr.Sandeep Sharma,
                             Advocate

                        Versus

CITY CAPITAL FOUNDATION LIMITED .... Defendant
                Through

     CORAM:
     HON'BLE MR. JUSTICE SANJEEV
     SACHDEVA

     SANJEEV SACHDEVA, J (ORAL)

1.   In terms of order dated 15.5.2014, the details have
     been produced in the form of a chart.

2.   The Plaintiff has filed the present suit for recovery
     of a sum of Rs.43,56,483/- as against the Defendant.
     It is contended that the principal amount due is
     Rs.29,03,500/- and interest @ 18% per annum has
     been claimed from 31.03.2009 till the date of filing
     of the suit.

3.   As per the Plaintiff, the Plaintiff has been supplying
     electrical     equipments,   fittings   and   electrical


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accessories from time to time to the Defendant as per their orders.

4. The electrical goods have been supplied to the respondent against their invoices raised. As per the Plaintiff, the Plaintiff in the regular course of its business was maintaining the running account of the Defendant in respect of the purchases made by the Defendant and the payments made. It is submitted that running account was being maintained in the ordinary course of business and for every supply made a debit entry was made and for any payment received a corresponding credit entry was made.

5. It is the case of the Plaintiff that as per the running account there was an outstanding balance of Rs.29,03,500/- payable by the Defendant to the Plaintiff as on 31.3.2009. As per the Plaintiff, the Defendant had made a payment of Rs.1,00,000/- on 31.12.2008 and acknowledgement dated 31.12.2008 was issued by the Defendant whereby the Defendant had stated that it was paying a sum of Rs.1,00,000/- in cash on account of the material supplied and the balance payment was promised to be made shortly. The said letter has been exhibited as EX.PW-1/4.

6. The Plaintiff had sent a legal notice to the Defendant

========================================================

dated 20.9.2011 (Ex.PW-1/5). The notice was received back unserved with the report that there was no such person available at the address.

7. In the above circumstances, the Plaintiff filed the present suit for recovery.

8. The summons in the suit were directed to be issued to the Defendant on 23.12.2011. Since the Defendant could not be served in the ordinary manner, substituted service of the Defendant was permitted by order dated 07.05.2012. The Defendant was served through publication. The citation was published in "Hindu" (English Chennai edition and Delhi edition) of 14.07.2012 for 20.07.2012. None appeared for the Defendant and the Defendant was proceeded ex parte by order dated 06.08.2013. The Plaintiff was permitted to lead ex parte evidence.

9. The Plaintiff has filed his own affidavit. In the affidavit Plaintiff has deposed that he is the sole proprietor of M/s M.S.Electricals and supplier of electrical equipments. He has deposed that the Defendant had been purchasing electrical equipments from the Plaintiff for many years. The office copy of the tax invoices have been collectively exhibited as Ex.PW-1/1.

========================================================

10. The Plaintiff has deposed that he has been maintaining a running ledger account in the name of the Defendant from the year 2007. The certified running ledger account has been exhibited as Ex.PW-1/2. As per the running ledger account, the balance payable by the Defendant as on 31.3.2009 is Rs.29,03,500/-. The Plaintiff has also exhibited the bank statement of J & K Bank to prove the receipt of various cheques from the Defendants as EX.PW-1/3.

11. The letter dated 31.12.2008 issued by the Defendant evidencing the payment of Rs.1,00,000/- in cash and admitting and acknowledging to pay the balance amount to the Plaintiff has been exhibited as Ex.PW- 1/4.

12. The Plaintiff has deposed that Defendant had assured that the balance payment would be cleared at the earliest, however, the same was not done. He has further deposed that various requests and reminders have been sent to the Defendant, however, the same have not been complied with.

13. The Plaintiff had issued legal notice dated 20.9.2011 claiming the balance amount and the interest accrued thereon. A copy of the notice has been exhibited as Ex.PW-1/5. The original envelopes that were

========================================================

returned back have been exhibited collectively as EX.PW-1/6.

14. None has appeared for the Defendant to controvert the case of the Plaintiff. By the uncontroverted and unrebutted testimony and the evidence, the Plaintiff has established that the Plaintiff had supplied goods to the Defendant and the defendant despite receipt of the goods has failed to pay for the same. The Plaintiff has been able to establish that a sum of Rs. Rs.29,03,500/- was due and payable as of 31.03.2009. The Plaintiff has also established that the Defendant has failed to pay the due amount to the Plaintiff for the goods supplied by the Plaintiff.

15. In view of the above the suit is decreed in favour of the Plaintiff and against the Defendant in the sum of Rs. 29,03,500/- (Rupees twenty nine lakhs three thousand and five hundred only) along with interest @ 15% per annum from 31.3.2009 till the date of payment in full. The Plaintiff shall also be entitled to the costs of the suit.

16. Decree Sheet be drawn up accordingly.

SANJEEV SACHDEVA, J

AUGUST 06, 2014/sv

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