JUDGMENT

VIBHU BAKHRU, J

1. The appellant, a company incorporated under the Companies Act, 2013, has filed the present appeal impugning a judgment and decree dated 01.02.2023 (hereafter the impugned judgment) delivered by the learned Commercial Court in CS (COMM) No.3547/2021 captioned Sh. Abhishek Jain v. M/s Iyikatech Private Limited.

2. The respondent (plaintiff in the suit – hereafter referred to as the plaintiff) filed the suit [CS (COMM) No.3547/2021] for recovery of a sum of ₹10,00,000/- along with pendente lite and future interest. By the

Signature Not Verified

impugned judgment, the aforesaid suit was decreed and the learned Commercial Court held that the plaintiff is entitled to a sum of ₹10,00,000/- along with interest at the rate of 12% per annum from

30.08.2018 till its realization.

PLAINTIFF’S CASE

3. The plaintiff claims that he is engaged in the business of selling electrical articles such as LED lights and circuits amongst other goods, and carries on his business under his sole proprietorship concern named M/s Rushabh Traders. The plaintiff carries on his business activities from a shop being Shop No.114, More Sarai Road, Mini Lajpat Rai Market, Delhi-110006.

4. The plainti