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1992 Supreme(Ker) 163

P.K.BALASUBRAMANYAN
John – Appellant
Versus
Oriental Kuries Ltd. – Respondent


Judgment :-

These appeals are by the common defendants in O.S.323 of 1984 and O.S.548 of 1987 respectively on the file of the Subordinate Judge's Court of Trichur. The respondent in both the appeals is the same company, a company registered under the Companies Act. The respondent company started a kuri and both the suits were for recovery of money due under a kuri security bond in respect of future instalments payable monthly of a prized chit. The first suit O.S.323 of 1984 was for recovery of 12 instalments due from 24-11-1981 to 24-11-1984. The second suit O.S.548 of 1987 was for recovery of the entire future subscriptions due under the transaction other man the period covered by the earlier suit. Though various contentions were raised by the defendants the trial court overruled the said contentions and granted the respondent-plaintiff a decree for realisation of Rs. 40915/- with 12% interest on the sum of Rs. 34800/- from the date of suit till date of decree and at the rate of 6 % per annum from date of decree in O.S.323 of 1984 and a decree for realisation of Rs. 83820.68 with 12% interest on the sum of Rs. 63800 from the date of suit till date of decree and at 6% per annum the








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