R.N.MISRA, N.K.DAS
VYSYARAJU VADREENARAYANA MOORTY RAJU – Appellant
Versus
EPARI VENUGOPALAM – Respondent
R. N. MISRA, J.
( 1 ) THIS Letters Patent appeal is directed against the reversing appellate decision of our learned brother Acharya, J. and arises out of an execution proceeding.
( 2 ) THE decree-holder-appellant filed Money Suit No. 3 of 1963 for recovery of a sum of Rs. 47,080. 56 out of which Rs. 29,164. 52 was the principal and the balance of Rs. 17,916. 04 was interest up to the date of the suit. On 22-9-1965, the suit was decreed for the entire amount claimed together with pendente lite and future interest at 6 per cent per annum. Costs of Rs. 5,325. 62 were decreed and the judgment-debtor was allowed to satisfy the decree in monthly instalments of Rs. 1000/ -. The decree was executed in E. P. No. 22 of 1970. The judgment-debtor filed an application that the decree had been satisfied inasmuch as he had already paid Rs. 60,300/- by 16-9-1974. This stand was obviously taken by invoking the Damdupat Rule provided in Section 10 of the orissa Money-lenders Act (hereinafter referred to as the "act" ). On 3-1-1975, the executing court held that the judgment-debtor was liable to pay Rs. 47,080. 56 together with pendente lite and future interest on the principal amount of Rs. 29,16
South India Corporation (P) Ltd. v. Secretary, Board of Revenue, Trivandrum
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.