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2021 Supreme(Mad) 1753

G.JAYACHANDRAN
S. Suresh Kumar – Appellant
Versus
Prakash Chand Jain – Respondent


Advocates:
Advocate Appeared:
For the Plaintiff : R. Abdul Mubeen.

JUDGMENT :

G. JAYACHANDRAN, J.

Prayer: Civil Suit has been filed under Order VII, Rule 1 of O.S. Rules Read With Order XXXVII, Rule 1 of C.P.C. praying to pass a judgment and decree against the defendant: (a) for a sum of Rs. 2,71,19,379/- (Rupees Two Crores Seventy One Lakhs and Nineteen Thousand Three Hundred Seventy Nine Only) together with further interest @ 24% on the Principal amount of Rs. 1,18,04,279/- (Rupees One Crore Eighteen Lakhs Four Thousand Two Hundred Seventy Nine only) per annum from the date of this plaint till the date of realisation and (b) for the cost of the suit.

1. The suit is filed for recovery of Rs. 2,71,19,379/- with interest for the goods sold and delivered to the defendant under numerous invoices raised between 23.11.2013 and 30.05.2015.

2. The plaint averment in short is that, he is a wholesale dealer, carrying on business at Chennai, in electric materials and such other accessories and hardware goods. At request of the defendant, the plaintiff supplied various materials on credit basis, as per the defendant’s demand, through the invoices, on a runni

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