JUDGMENT

Navin Chawla, J. (Oral)

This appeal has been heard through video conferencing.

CM APPL. 21736/2021 (Exemption)

Allowed, subject to all just exceptions.

RFA (COMM) 11/2021 & CM APPL. 21735/2021

1. This appeal has been filed by the appellant challenging the judgment and decree dated 10.02.2021 passed by the learned District Judge - Commercial Court-05 (Central) in suit being CS (COMM) No.2687/2019 titled R.K. Goel Abhey Kumar Jain vs. The Executive Engineer (MII) Clz & Anr., directing the appellant herein to pay interest at the rate of 12% per annum on the principal amount of Rs.56,77,386/- due from the appellant on the final bills for the three work orders for the period from 15.12.2016 to 19.07.2020 and to further pay interest at the rate of 12% per annum on the security amount of Rs.5,72,329/- from 25.07.2018 till 14.10.2020.

2. The learned counsel for the appellant limits the challenge to the judgment and decree to the extent of direction of payment of interest at the rate of 12% per annum from 25.07.2018 to 14.10.2020 on the security amount of Rs.5,72,329/-.

3. Issue notice. Notice is accepted by Mr.Avinash Trivedi, Advocate on behalf of the respondent.

4. With