JUDGMENT - Dr. D.Y. CHANDRACHUD, J.:---In the summary suit in which the present Summons for judgment has been instituted, the claim of the plaintiff is for a decree in the sum of Pound Sterling 1,21,115.63 with further interest at 18% per annum of the principal amount of Pound Sterling 88,284.64. At the prevailing rate of exchange when the suit came to be instituted, the claim has been valued at Rs. 84,78,094/-. The claim in the suit is based on three Bills of Exchange drawn by the plaintiff and accepted by the first defendant. The first defendant is a partnership firm of which the second to fifth defendants are partners.

2. The plaintiff supplied to the first defendant three consignments of Bronze Powder under three invoices these being (i) an invoice dated 21st March, 1996 for Pound Sterling 38,970/-, (ii) an invoice dated 11th April, 1996 for Pound Sterling 38,970 and (iii) an invoice dated 1st May, 1996 for Pound Sterling 30,344/-. The plaintiff drew three Bills of Exchange which were duly accepted by the first defendant, these being as follows :

(a) Bill of Exchange dated 11th April, 1996 in the sum of Pound Sterling 38,970.00;

(b) Bill of Exchange dated 20th May, 1996 in the sum

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