Citation : 2025 Latest Caselaw 3993 Tel
Judgement Date : 17 June, 2025
THE HONOURABLE SMT. JUSTICE K. SUJANA
APPEAL SUIT No.3612 of 2003
JUDGMENT:
Challenging the judgment and decree dated 22.04.2002
passed in O.S.No.75 of 1998 by the learned Senior Civil
Judge, Khammam, the present Appeal Suit is filed.
2. The brief facts of the case are that the respondent filed
the suit for the recovery of an amount of Rs.1,53,826/- based
on two promissory notes executed by the appellant. The
appellant filed a written statement before the trial Court,
denying the execution of the promissory notes. Based on the
pleadings, the trial court framed four issues. On behalf of the
plaintiff, PW.1 was examined, and Ex.A1 to A4 were marked.
On behalf of the defendant, DW.1 was examined, but no
exhibits were marked. After examining the evidence, the trial
Court, vide order dated 22.04.2002, decreed the suit for a
sum of Rs.1,53,826/- with costs and future interest at 24%
per annum on Rs.90,000/- and Rs.40,000/- from the date of
the suit until the date of decree. Additionally, it ordered
interest at 6% per annum from the date of decree until
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realization. Aggrieved thereby, the appellant preferred the
present appeal suit.
3. Heard Sri DSNV Prasad Babu, learned counsel
appearing on behalf of the appellant. Despite service of notice,
none appeared on behalf of the respondents.
4. Learned counsel for the appellant submitted that the
suit was decreed for Rs.1,53,826/- in the year 2002. The
appellant paid an amount of Rs.1,43,310/- on 06.01.2003
and is willing to pay the remaining amount and he prayed the
Court to pass appropriate orders.
5. Upon consideration of the submissions and perusal of
the material on record, it is noted that the appellant paid an
amount of Rs.1,43,310/- one year after the decree, and the
suit amount is Rs.1,53,826/-. The appellant is now ready to
pay the remaining amount. However, the trial Court had
ordered interest at 24% per annum from the date of the suit
till the date of decree, and 6% per annum from the date of
decree till realization. As the appellant already paid the
majority of the amount in the year 2003, it is directed that for
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the remaining balance, the appellant shall deposit the
remaining amount at 6% per annum in the trial Court within
(4) weeks from the date of receipt of a copy of this order.
6. Accordingly, this Appeal Suit is disposed of. There shall
be no order as to costs.
Miscellaneous applications, if any pending, shall stand
closed.
_______________ K. SUJANA, J Date: 17.06.2025 SAI
SKS,J
THE HONOURABLE SMT JUSTICE K. SUJANA
Date: 17.06.2025
SAI
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