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K.Ezhil Sezhian vs K.C.Kumar Raja
2023 Latest Caselaw 10882 Mad

Citation : 2023 Latest Caselaw 10882 Mad
Judgement Date : 21 August, 2023

Madras High Court
K.Ezhil Sezhian vs K.C.Kumar Raja on 21 August, 2023
                                                                             C.R.P.(NPD)No.3615 of 2019



                                  IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                    DATED: 21.08.2023

                                                        CORAM :

                         THE HONOURABLE MR.JUSTICE V. LAKSHMINARAYANAN

                                                C.R.P.(NPD)No.3615 of 2019
                                                           and
                                                  C.M.P.No.23663 of 2019


                     K.Ezhil Sezhian                                     .. Petitioner

                                                            vs

                     K.C.Kumar Raja                                      .. Respondent


                     PRAYER: Civil Revision Petition is filed under Article 227 of the

                     Constitution of India, against the Fair and decreetal order of dismissal

                     passed in I.A.No.199 of 2015 in O.S.No.4667 of 2015 by XV Additional

                     City Civil Judge at Chennai, dated 10.12.2015.

                                       For Petitioner   : Mr.K.Harikrishnan

                                       For Respondent   : Mr.C.Krishnamoorthy

                                                        ORDER

O.S.No.4667 of 2015 is a summary suit. It is based on a

promissory note of Rs.13,00,000/- executed by the civil revision

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

C.R.P.(NPD)No.3615 of 2019

petitioner in favour of the respondent. The document was executed in

August 2012, to be repaid on demand with interest at the rate of 18% per

annum. The issuance of the promissory note is not in dispute.

2.The learned counsel appearing for the petitioner would submit

that while the execution of the document is not denied, he would state

that the petitioner and the respondent being partners in a Film business

had several financial arrangements between them. One such financial

arrangement was execution of the demand promissory note towards

security for raising of loans from third parties.

3.It is a categorical case that though the document was executed,

no money was transferred under the said document. It is pertinent to

point out that this defence was not pleaded at any point of time in his

application in I.A.No.199 of 2015 before the trial Court.

4.However, the plea that he has taken is that the demand

promissory note of such high value was not reflected in the statement of

accounts that has been maintained by the plaintiff.

5.The grant of leave was stiffly opposed by the plaintiff and

I.A.No.199 of 2015 was dismissed on 10.12.2015. In pursuance thereof,

an Execution Petition was filed in E.P.No.2514 of 2016 and the learned

counsel for the decree holder would bring to my notice that warrant of https://www.mhc.tn.gov.in/judis

C.R.P.(NPD)No.3615 of 2019

arrest has also been issued.

6.Considering the fact that some tenable issue has been raised

though not an iron cast case for defence for grant of leave, I am inclined

to grant leave on the condition that the judgment debtor deposits 50% of

the decree amount claimed in the E.P. that is, an amount of

Rs.12,13,150/- to the credit of O.S.No.4667 of 2015. If the deposit is

made within a period of eight (8) weeks from the date of receipt of a

copy of this order, I.A.No.199 of 2015 will stand allowed. If the deposit

is not made, the Civil Revision Petition stands dismissed.

7.With the above directions, this civil revision petition is allowed.

No costs. Consequently, connected Miscellaneous Petition is closed.

21.08.2023

Index:Yes/No Speaking order/Non-speaking order Neutral Citation:Yes/No rjr/vs

To

The XV Additional City Civil Court, Chennai.

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

C.R.P.(NPD)No.3615 of 2019

V. LAKSHMINARAYANAN,J.

rjr/vs

C.R.P.(NPD)No.3615 of 2019 and C.M.P.No.23663 of 2019

21.08.2023

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

 
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