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2024 Supreme(Kar) 1261

IN THE HIGH COURT OF KARNATAKA AT BENGALURU
ANANT RAMANATH HEGDE
B.R. Ravindranath, S/o. B.K. Ramaiah Setty, R/o. Jayalakshmi Nilaya – Appellant
Versus
A. Dharmaveni, W/o. P. Anjappa – Respondent


Advocates Appeared:
For the Appellant :Smt. Rakshitha, V.N., Adv. for Sri. K. Raghavendra Rao., Advocate

Table of Content
1. facts of the loan agreement (Para 1 , 2 , 3)
2. plaintiff's argument for suit continuation (Para 10 , 11 , 12 , 13)
3. court's analysis on document validity (Para 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22 , 24 , 27)
4. ratio on severability of clauses (Para 25 , 29)
5. final judgment and interest determination (Para 28 , 30)

JUDGMENT :

ANANT RAMANATH HEGDE, J.

1. This Regular First Appeal is arising from the judgment and decree in O.S.No.70/2006 on the file of II Additional Senior Civil Judge at Kolar. The unsuccessful plaintiff in the said suit for recovery of money is before this Court under Section 96 of the Code of Civil Procedure, 1908 (for short 'the Code').

2. The suit is based on a transaction said to have taken place on 07.03.2003. The plaintiff claims that he lent Rs.1 lakh as a loan to the defendant and the defendant agreed to repay the loan amount within one year from the date of loan transaction along with interest @ 2% per month. The plaintiff also claims that the defendant executed a document on 07.03.2003 evidencing loan transaction and also the mortgage of defendant's property as a security for the loan.

3. The plaintiff issued a notice demanding the a

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