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M/S.Shanmugam Store Unit vs M/S.Bagawandas & Co
2021 Latest Caselaw 14086 Mad

Citation : 2021 Latest Caselaw 14086 Mad
Judgement Date : 14 July, 2021

Madras High Court
M/S.Shanmugam Store Unit vs M/S.Bagawandas & Co on 14 July, 2021
                                                                             C.R.P.(N.P.D).No.2625 of 2018

                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                    DATED : 14.07.2021

                                                          CORAM

                                   THE HON'BLE Mr. JUSTICE G.K.ILANTHIRAIYAN

                                             C.R.P.(NPD) No.2625 of 2018
                                                         and
                                        CMP Nos.15728 of 2018 and 11554 of 2019

                     M/s.Shanmugam Store Unit,
                     C/o.R.A.Samy Trading Pvt. Ltd.,
                     rep by R.A.Samy, Director,
                     No.21, Ranganathan Street,
                     T.Nagar, Chennai – 600 017.                 ....    Petitioner

                                                            Vs
                     M/s.Bagawandas & Co
                     Rep by Murarilal Sonthalia
                     Managing Partner,
                     S/o.Late Shyamlal Sonthalia,
                     Old.No.665, New No.46,
                     Sembudoss Street,
                     Chennai – 600 001.                       ....      Respondent
                     Prayer :- Civil Revision Petition is filed under Section 115 of Code of Civil
                     Procedure, to set aside the fair and decreetal order dated 11.07.2018 made
                     in E.P.No.1880 of 2017 in O.S.No.2316 of 2013 on the file of the
                     X Assistant Judge, City Civil Court, Chennai.
                                   For Petitioner     : Mr.Silambanan, Senior Counsel
                                                        for Mr.A.Paramasivam
                                   For Respondent     : Mr.C.Parthiban
                                                         ORDER

https://www.mhc.tn.gov.in/judis/ C.R.P.(N.P.D).No.2625 of 2018

This Civil Revision Petition is filed against the fair and decreetal

order dated 11.07.2018 made in E.P.No.1880 of 2017 in O.S.No.2316 of

2013 on the file of the X Assistant Judge, City Civil Court, Chennai, thereby

ordered to attach the movable properties of the Judgment Debtor.

2. The petitioner is the Judgment Debtor and the respondent is

the Decree Holder. The respondent filed a suit in O.S.No.2316 of 2013 for

recovery of money and the principal amount of Rs.6,30,488/- together with

interest at the rate of 24% per annum. The suit was duly contested and

decreed in favour of the respondent herein.

3. On the strength of the decree, the respondent filed an

Execution Petition in E.P.No.1880 of 2017 and the same was ordered to

attach the movable properties of the Judgment Debtor. Hence, the learned

Senior counsel submitted that while admitting the present Civil Revision

Petition, this Court granted stay on condition that the petitioner shall deposit

a sum of Rs.1,00,000/- and accordingly, the petitioner complied with the

condition. The interest awarded by the Court below at the rate of 24% of

interest per annum is very high and is liable to be reduced. He further

submitted that part of the amounts were already paid and the same was not

https://www.mhc.tn.gov.in/judis/ C.R.P.(N.P.D).No.2625 of 2018

deducted while granting the decree.

4. Admittedly, the petitioner did not prefer an appeal suit as

against the Judgment and Decree dated 24.07.2015. In the Execution

Petition, they filed a counter stating that sufficient opportunity was not

given to the petitioner to contest the suit. Even then, the petitioner did not

prefer any appeal suit and as such, the Execution Court held that in the

interest portion whatever the submission made is beyond the decree. Hence,

this Court finds no infirmity or illegality in the order passed by the Court

below.

5. Accordingly, this Civil Revision Petition is dimissed.

Consequently, connected Miscellaneous Petitions are closed. No costs.

14.07.2021

Lpp

Index:Yes/No Internet:Yes/No Speaking Order: Yes/No

G.K.ILANTHIRAIYAN,J.

https://www.mhc.tn.gov.in/judis/ C.R.P.(N.P.D).No.2625 of 2018

Lpp

To

The X Assistant Judge, City Civil Court, Chennai.

C.R.P.(NPD) No.2625 of 2018 and CMP Nos.15728 of 2018 and 11554 of 2019

14.07.2021

https://www.mhc.tn.gov.in/judis/

 
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