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2023 Supreme(Bom) 2168

N. J. JAMADAR
Murphy Electronics Private Limited And Ors. – Appellant
Versus
Murphy Electronics Private Limited – Respondent


Advocates appeared:
Mr. Anshul Anjarlekar, for the Appellant; Mr. Prakash Nichani i/b. P.V. Nichani & Co., for the Respondent.

ORDER

1. The applicants/defendants have preferred this Notice of Motion to condone the delay in taking out the Notice of Motion and set aside the order passed by this Court in Summons for Judgment No. 1124 of 2021 thereby decreeing the suit with a direction to give credit of a sum of Rs. 10,000/- to the defendants while drawing up the decree.

2. Shorn of superfluities, the background facts, and the circumstances in which this Notice of Motion warrants determination, at this length of time, can be stated as under:-

2.1 M/s. Murphy Electronics Private Limited, defendant No. 1, is a limited company. Video Vision Centre, the defendant No. 2, is a proprietary concern. Defendant Nos. 3 to 5 are in-charge of and responsible to the affairs of defendant Nos. 1 and 2.

2.2 The defendants approached the plaintiff for financial assistance. During the months of February/August, 1999, the plaintiff had advanced a sum of Rs. 25,50,000/- to the defendants against the bills of exchange drawn by defendant No. 1 and accepted by defendant No. 2. Upon presentment, the bills of exchange were dishonoured by defendant No. 2. After payment a sum of Rs. 2,50,000/- towards interest, the defendants had drawn in al

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