ANITA CHAUDHRY
Satish Kumar Malik – Appellant
Versus
Videocon Industries Ltd. – Respondent
ANITA CHAUDHRY, J.
CM-5757-C-2016
1. For the reasons set out in the application, same is allowed as prayed for and delay of 14 days in filing the appeal is condoned.
RSA No.2197 of 2016
2. This is the defendant's second appeal against the judgment rendered by both the Courts below
3. The suit for recovery of Rs.5,62,987.84/- was decreed. Interest @ 8% was allowed from the date of filing of the suit till realization.
4. The plaintiffs are in the business of manufacture and sale of home appliances and electronic gadgets. The defendant used to purchase and sell their electric goods under the name and style of M/s. Paras Electronics. The defendant was the sole proprietor. The goods manufactured by the plaintiff were taken on credit by the defendant, however, he failed to make some payments and a sum of Rs.5,62,987.84/- was outstanding. The defendant was erratic in the payments and several cheques issued by him were dishonoured. The defendant had been proclaiming that he was facing financial constrains and had promised to pay the dues but failed to honour the commitment made by him. It was pleaded that the defendant with an ulterior motive filed a suit for rendition of accounts and
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