S.J.VAZIFDAR
Iram Feroz of Bombay – Appellant
Versus
Ayaz Gadhiya of Bombay – Respondent
( 2 ) THE Defendant admits that the loan was advanced. The Defendant admits that he issued the cheque towards the repayment and that the same was dishonoured.
( 3 ) TWO defences were raised. It was contended that the entire amount had been repaid. It was also contended that the suit is not maintainable as a summary Suit.
( 4 ) THE payment by cheques referred to by the defendant are each in the sum of Rs. 4500/- paid half yearly. This does not evidence repayment of the principal amount. It in fact evidences an agreement on the part of the parties for interest at 18% per annum. In paragraph 11 of the reply, the Defendant has also contended that he paid an aggregate sum of rs. 27,500/ -. There is no evidence whatsoever to substantiate the same. There was no reply to the plaintiffs advocate notice demanding payment. This defence has been raised for the first time.
( 5 ) THE first defence is thus without any substance.
( 6 ) MR. LULIA, the learned counsel appearing o
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.