I. N. Halkara H.U.F. through Its Karta Indarmal N. Halkara v. Pradip Bastimal Chopra
Case brief
What is this about?
In a summary suit for recovery of money based on acknowledgment of liability and dishonored cheques, the single judge dismissed the defendant's plea for adjournment due to pending appeal. Finding the conditional leave to defend was not availed of by depositing the required sum within the stipulated time, the court decreed the suit for Rs. 4,36,00,000 with 18% interest.
What did the court decide?
Suit decreed for Rs. 4,36,00,000 with interest @ 18% p.a. from 1st April, 2018; costs to be paid by the defendant.