IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
THE HONOURABLE SRI JUSTICE ABHINAND KUMAR SHAVILI,THE HONOURABLE SMT JUSTICE TIRUMALA DEVI EADA
Hindustan Machine Tools Ltd – Appellant
Versus
M/s Saraswathi Saw Mills – Respondent
THE HON’BLE SRI JUSTICE ABHINAND KUMAR SHAVILI AND THE HON’BLE SMT. JUSTICE TIRUMALA DEVI EADA JUDGMENT: (Per Hon’ble Smt. Justice Tirumala Devi Eada)
This is an appeal filed by the appellant – defendant, being aggrieved by the judgment and decree, dated 05.12.2005 passed in O.S.No.14 of 2002 by the learned Judge, Family Court, Secunderabad (for short “the trial Court”).
2. The parties are addressed herein as they were arrayed in the suit before the trial Court for the sake of convenience and clarity.
3. The case of the plaintiff before the trial Court is that it was a registered firm by name M/s.Saraswathi Saw Mills and conducting its business in manufacturing a variety of machinery packing material. Pursuant to the orders placed by the defendant between 10.06.1998 to 12.07.1999, it has supplied material worth Rs.7,37,620/-, as per the requirements of the defendant and as per the respective purchase orders and invoices. But the defendant failed to make any payments within 30 days and that the defendant has also agreed that if any delay in payment occurs, he shall pay an interest of 18% per annum from the date of invoice, since the transaction is a commercial one. The plaintiff got is
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