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2025 Supreme(Online)(Del) 5027

IN THE HIGH COURT OF DELHI AT NEW DELHI
KAMAL GUPTA & ANR. – Appellant
Versus
M/S SURGE INDUSTRIES LTD. & ORS. – Respondent


$~31 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 29th May, 2025 + CS(OS) 694/2024 KAMAL GUPTA & ANR. .....Plaintiffs Through: Mr. Akhil Sibal, Senior Advocate with Mr. Sparsh Aggarwal and Ms. Ridhi Bajaj, Advocates.

versus M/S SURGE INDUSTRIES LTD. & ORS. .....Defendants Through: Mr. Ninad Dogra, Mr. Pranav Sarthi, Mr. Vishal Bharadwaj and Mr. Devesh Diwakar Advocates. CORAM:

HON'BLE MS. JUSTICE JYOTI SINGH

JUDGEMENT

JYOTI SINGH, J. (ORAL)

I.A. 12254/2025

1. This is an application filed on behalf of the Plaintiffs under Order XXXVII Rule 3(6)(b) of CPC, 1908 for passing a decree in favour of the Plaintiff and against the Defendants in the sum of Rs.3,17,18,750/- along with interest @ 15% on the decretal amount till payment.

2. This is a summary suit filed by the Plaintiffs for recovery of the aforestated amount with interest. Facts to the extent necessary are that Defendants No. 2 and 3, who are partners in Defendant No. 1, approached the Plaintiffs for a friendly loan @ 15% per annum in December, 2020. Various amounts were advanced to Defendant No. 1 from December, 2020 under a Loan Agreement executed on 12.04.2024. Four cheques were issued Signature Not Verified Digita

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