IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORIDINARY ORIGINAL CIVIL JURISDICTION SUIT NO.3767 OF 1988 Indian Airlines Ltd. ..Plaintiffs Vs. Senior Travels Pvt Ltd. ..Defendants Mr. Sandeep V. Mahadik for the Plaintiffs Mr. Kedar Dighe for Official Liquidator (Defendants) CORAM: DR. D.Y. CHANDRACHUD, J. 1st September, 2009. P.C. : 1. The Plaintiffs had appointed Defendant No.1 as its Sales Agent for domestic and international Passengers with effect from 1st June 1983, by a letter dated 20th April 1983. The appointment was on a credit basis and was subject to the terms and conditions of the IATA Sales Agency Agreement as mentioned in the Certificate of Appointment. The Appointment was subject to the usual accounting settlement procedure under circulars dated 30th May 1983 and 9th June 1983. 2. By a letter dated 26th June 1987, Defendant No.1 was placed on a cash transaction basis. Under the transactions with the list Defendants an amount of Rs.3,13,559/- became due and payable. Defendant No.1 issued a cheque dated 24th June 1987, for a sum of Rs.1,76,308/-, which was dishonoured. Defendant No.1 acknowledged its liability on 29th June 1987. After invoking a Bank Guarantee for a sum of Rs.2,40,000/- an amount of Rs.73,559/- remained due and payable. 3. The Defendants have been ordered to be wound up. The Plaintiffs have obtained leave of the Company Court under Section 446 of the Companies Act. The official Liquidator is brought on record. 4. In support of the claim, the Plaintiffs have relied on an Affidavit of evidence and a compilation of the original documents. In the absence of any contest, and for want of Written Statement, the claim has not been controverted. The suit shall accordingly stand decreed as prayed with the modification that the Plaintiffs will be entitled to interest @ 9% p.a. from the date of the suit until payment or realisation. (Dr. D.Y,Chandrachud, J.)