J.Paul Hermit Mascrenhas v. P.v.Arun
Case brief
What is this about?
A suit filed for recovery of a loan sum of Rs.15,82,667/-. The plaintiff proved the case by his own testimony and supporting documentary evidence regarding the loan transfer for a movie production. The defendant did not appear. The suit was decreed as prayed.
What did the court decide?
Decree for recovery of Rs.15,82,667/- being the loan amount of Rs.10,00,000/- plus interest at 24% p.a. from date of plaint till realization.