KRISHNA RAO
G. S. Fertilisers Pvt. Ltd. – Appellant
Versus
AKJ Minerals Limited – Respondent
JUDGMENT :
KRISHNA RAO, J.
1. The plaintiff has filed an application being G.A. No. 6 of 2022 for summary judgment and decree against the defendant for Rs.7,23,63,548/- along with interest. The defendant has filed an application being G.A. No. 7 of 2022 praying for leave to defend the suit unconditionally being C.S. No. 116 of 2017.
2. The plaintiff has filed the suit being C.S. No. 116 of 2017 against the defendant for recovery an amount of Rs.7,23,63,548/- along with interest. The plaintiff has advanced an amount of Rs.1,70,00,000/- on 3rd January, 2011 by way of RTGS and a sum of Rs.2,35,00,000/- on 4th January, 2011 by RTGS totaling Rs.4,05,00,000/- to the defendant for purchase of immovable properties and the defendant has acknowledged the said amount. In the month of September, 2011, the defendant has informed the plaintiff that the defendant is not in a position to convey the properties to the plaintiff and the defendant agreed to return the amount received by the defendant to the plaintiff. The defendant to discharge its lability had issued two cheques being No. 117588 dated 8th April, 2014 of Rs.2,50,00,000/- of Federal Bank, Overseas Branch, Kolkata and cheque No. 117590 dat
Sudin Dilip Talaulikar vs. Polycap Wires Private Limited and Others
B.L. Kashyap and Sons Limited vs. JMS Steels and Power Corporation and Another
The court established that a defendant must present a substantial defense to avoid summary judgment; mere assertions without evidence do not suffice.
A defendant is entitled to unconditional leave to defend if they satisfy the court that they have a substantial defence likely to succeed, or if they raise triable issues indicating a fair or reasona....
Cheques may constitute mode of payment by plaintiff and they may constitute evidence of transaction of loan, but they cannot said to be basis of money suit.
Certified copies are admissible in summary suits, and defenses that do not raise triable issues can be dismissed without leave to defend.
Point of Law - Order is contrary to the settled principles of law and once a party has given the cheque for setting right the accounts, then in that case, all such contentions which are not raised at....
Where the instrument has been obtained from its lawful owner, or from any person in lawful custody thereof, by means of an offence or fraud, or has been obtained from the maker or acceptor thereof by....
The main legal point established in the judgment is the consequences of making false statements on oath and the distinct and new liability arising under the Negotiable Instruments Act when payment is....
A defendant in a summary suit is entitled to leave to defend if they raise plausible triable issues, even if the defense is not strong.
Partners' liability for acts done before dissolution of a partnership firm and the admissibility of a defense based on a dishonored cheque reflecting admitted liability.
The main legal point established in the judgment is the court's discretion to grant conditional leave to defend based on the defendant's disclosure of a fair and reasonable defense, ensuring a delica....
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