Itc Limited, Education & v. K.Ramprasath
Case brief
What is this about?
The Karnataka High Court (Note: text says Madras court but Karnataka High Court judges cannot sit here - error in source text context; assuming Madras per text) decreed a suit for recovery of money against a defaulting defendant. The plaintiff proved the sale of goods and outstanding dues via documentary evidence while the defendant remained absent.
What did the court decide?
Directed the defendant to pay Rs.73,92,961/- plus accrued interest of Rs.51,41,851/- and future interest at 24% p.a. till realization, along with costs of the suit.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT MADRAS
(ORDINARY ORIGINAL CIVIL JURISDICTION)
TUESDAY, THE 02nd DAY OF NOVEMBER 2021
THE HON'BLE MR. JUSTICE N.SESHASAYEE
C.S.No.879 of 2017
ITC Limited, Education and Stationery Products Business, ITC Centre, 5th Floor, No.760, Anna Salai, Chennai 600 002. Rep. By its Head of Finance and Power of Attorney Holder Mr.P.Ramkumar. : Plaintiff
Vs
K.Ramprasath, S/o A.Kalaimani, Proprietor, M/s Sabari Agency, No.47, Village Street, Thiruvottiyur, Chennai 600 019. : Defendant
Civil Suit praying that this Hon'ble Court be pleased to pass a
judgment and decree:
a. For a sum of Rs.1,25,34,812/- (Rupees One crore twenty five
Issues for consideration
3 issues framed by the court
Whether the plaintiff has proved its case for recovery of outstanding goods dues against the defendant.
Whether the suit is liable to be decreed as the defendant was absent and the plaintiff has adduced sufficient evidence.
What amount including interest and costs is the defendant directed to pay the plaintiff.
Coram
N.Seshasayee
Case details
As recorded by the court registry
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