1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINRY ORIGINAL CIVIL JURISDICTION SUMMONS FOR JUDGMENT NO. 18 OF 2008 IN SUMMARY SUITNO. 671 OF 2004 UTI Bank Ltd. .... Plaintiffs. Vs. Mohammad I. Kulavoor & Anr. .... Defendants. Mr. J. Girish Nair for the Plaintiffs. CORAM : A.A. SAYED, J DATE : JUNE 24, 2009 P.C. 1. The Plaintiffs have filed the above Summons for Judgment for recovery of a loan amount of Rs. 1,13,731/- alongwith interest @ 18 % per annum from the date of filing of the suit till payment and realization. 2. Though the Writ of Summons as well as the Summons for Judgment were served upon the defendant, there is no reply from the defendant. The learned Counsel for the plaintiff has handed in the affidavit, dated 24th June, 2009 and a compilation of original documents ( 8 documents) in respect of the loan transaction with the defendant. The original documents are taken on record and marked "A" collectively. 3. The loan is in respect of a vehicle and the defendant has failed and neglected to pay the balance amount of the loan, as set out in the particulars of the claim. In absence of any reply having been filed by the defendants, the claim of the plaintiff has remained uncontroverted. 2 4. The Summons for Judgment is allowed and made absolute. The suit stands decreed in terms of prayer clause (a), however, the rate of interest is restricted to 16% per annum from the date of filing of the suit till the realization of the decretal amount. 5. Refund of court fees as per rules. 6. The Summons for Judgment as well as suit to stand disposed of. [A.A.SAYED, J.]