Citation : 2021 Latest Caselaw 3506 Tel
Judgement Date : 16 November, 2021
THE HON'BLE SRI JUSTICE M. LAXMAN
AS No.725 of 2013
JUDGMENT:
The present appeal arises out of the judgment and decree
dated 12.06.2012 in O.S.No.584 of 2010 on the file of the VII
Additional Senior Civil Judge, Ranga Reddy District at L.B.
Nagar, wherein and whereby the suit filed by the respondent
herein/plaintiff for recovery of Rs.5,05,000/- with interest on
the principal amount was allowed.
The learned counsel for the appellant/defendant has
stated that the appellant is ready to comply with the judgment
and decree subject to return of the title deeds, which was
marked as Ex.A.4 from the respondent/plaintiff side.
As seen from the impugned judgment, the pleas of the
plaintiff were that the defendant obtained loan by executing a
promissory note as well as deposit of original title deeds relating
to two properties, and out of that, only one document was
marked. When the pleadings of the plaintiff himself indicate
that the documents relating to the properties of the defendants
kept as a security for the loan, when the loan amount is agreed
to discharge, necessarily, the document has to be returned to
the defendant.
Therefore, I hold that on deposit of the entire amount
under the decree, which is impugned, Ex.A.4 as well as the
unmarked other documents which are with the trial Court, shall
be returned to the defendant. However, Ex.A.4 shall be returned
subject to submitting the certified copy of such document. The
said exercise shall be done within a week from the date of
deposit of entire decretal amount. The amount already deposited
shall be adjusted towards the calculation of total decretal
amount.
With the said direction, the appeal is disposed of. If the
record is received to this Court, the same shall be returned to
the trial Court. The trial Court is directed to comply with the
order. No order as to costs. Miscellaneous petitions, if any,
pending in this appeal shall stand dismissed.
_________________ M. LAXMAN, J Date: 16.11.2021 Isn
Publish Your Article
Campus Ambassador
Media Partner
Campus Buzz
LatestLaws.com presents: Lexidem Offline Internship Program, 2026
LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!