IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION SUIT NO. 2267 OF 1997 Rama Capital and Fiscal Services Ltd. ..Plaintiffs Vs. Shri Suresh L. Matta ..Defendants Ms. Kumud A. Bhatia for the Plaintiffs None for the Defendants CORAM: DR. D.Y. CHANDRACHUD, J. DATE: 11th AUGUST, 2009 P.C. : 1. The Plaintiffs advanced a loan of Rs.10,00,000/- to the Defendants. According to the Plaintiffs, the said loan was repayable with interest @ 24% p.a. on 13.09.1993. The Defendants are alleged to have paid an amount of Rs.1.40 lacs on 31.12.1994 towards interest. An amount of Rs.9 lacs towards the principal amount was paid on 30.05.1994. The suit has been instituted for the recovery of the balance. 2. The Defendants have been served with the Writ of Summons, but have failed to enter appearance. In these circumstances, the averments contained in the plaint have not been controverted. The Plaintiffs have relied upon an Affidavit in lieu of examination-in-chief and on a compilation of documents on the basis whereof the claim has been duly proved. 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. There shall be a refund of Court fees, if any, as per rules. (Dr. D.Y.Chandrachud, J)