Regular Second Appeal No. 3680 of 2010

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IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH

Regular Second Appeal No. 3680 of 2010

Date of decision : July 05, 2012

Ram Niwas

....Appellant

versus

Somvir

....Respondent

Coram:

Hon'ble Mr. Justice L.N. Mittal

Present :

Mr. RA Sheoran, Advocate, for the appellant

None for the respondent

L.N. Mittal, J. (Oral)

Plaintiff Ram Niwas is in second appeal.

Plaintiff – appellant filed suit against defendant – respondent

Somvir for recovery of ` 91,385.94 on the basis of two loan transactions.

The plaintiff alleged that the defendant borrowed ` 31,000/- from the

plaintiff on 20.1.2002 and agreed to repay the same with interest @ 2% per

month in Rabi crop i.e. upto 30.6.2002 and executed Bahi entry for the

same. Defendant further borrowed ` 30,000/- from the plaintiff on

4.3.2004 and agreed to repay the same with interest @ 1.5% per month and

Regular Second Appeal No. 3680 of 2010

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executed pronote and receipt for the same. The defendant failed to repay

the principal and interest amount. Accordingly, the plaintiff for first loan

claimed ` 31,000/- as principal loan amount and ` 23,973.44 as interest,

totalli