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2025 Supreme(Kar) 2155

IN THE HIGH COURT OF KARNATAKA AT BENGALURU
VIBHU BAKHRU, CJ., C.M.POONACHA
Saikripa Insulations Private Limited – Appellant
Versus
Shree Balaji Enterprise – Respondent


Advocates:
Advocate Appeared:
For the Appellant :Sri. Rajesh Shetty, Advocate
For the Respondent:Sri. Anish P Bhojani, Advocate

Table of Content
1. individuals' business history and claims overview (Para 1 , 2 , 3)
2. defendants contest plaintiff's claims and present limitations (Para 4)
3. trial court issues framed for consideration (Para 5 , 9)
4. limitation period analysis for the suit (Para 10 , 11 , 12 , 13)
5. court's findings on evidence and adjudication (Para 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22 , 23)
6. final order and judgment on the appeal (Para 24)

JUDGMENT :

(PER: HON'BLE MR. JUSTICE C.M. POONACHA)

1. The present appeal is filed under Section 13 (1-A) of the Commercial Courts Act, 2015 ('2015 Act') by the defendants, assailing the judgment and decree dated 30.1.2025 passed in Com.O.S.No.762/2023 by the LXXXII Additional City Civil and Sessions Judge, Bengaluru (CCH-83) ('Trial Court'), whereunder the suit for recovery of money filed by the respondent/plaintiff against the appellants/defendants has been decreed directing the defendants to pay a total sum of Rs.42,54,223/- together with a sum of Rs.21,69,653/- being the interest from 1.9.2020 till filing of the suit and further interest at 18% per annum from the date of the suit till realization.

2. The parties will be referred to as per their rank

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