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IN THE HIGH COURT OF KARNATAKA AT BENGALURU
VIBHU BAKHRU, CJ., C.M.POONACHA
Saikripa Insulations Private Limited – Appellant
Versus
Shree Balaji Enterprise – Respondent
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 before the Trial Court for the sake of convenience.
3. It is the case of the plaintiff [a proprietorship concern] that it was engaged in the business of manufacture and supply of packaging materials and trading in Kraft papers. That defendant No.1 was engaged in the manufacture, import and supply of packaging material. Defendant No.2 and defendant No.3 were its directors. The plaintiff and the defendants had a business relationship wit
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