1 ss-3885-95 mmj IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION SUMMARY SUIT NO.3885 OF 1995 I.C.I.C.I. Bank Ltd. ....Plaintiff V/s. Ravindra Hemchandra Karnik ....Defendant Mr.Siddharth Ranade i/b Little & Co. for the Plaintiff CORAM : R.M. SAVANT, J. DATE : 8TH MARCH, 2011. P.C. :- 1 The above suit is filed by the Plaintiff for the recovery of an amount of Rs.29,65,000/- and interest amounting to Rs.50,689.32 paise as per Particulars of Claim Exhibit-C to the Plaint and further interest on the said principal Sum of Rs.29,65,000/- @ 24% p.a. from the date of the suit till payment or realisation. 2 The Plaintiff has filed the compilation of original documents including the letter dated 6-3-1993 addressed by the Defendant to the Plaintiff. 4 The case of the Plaintiff,on account of non-filing of the written statement by the Defendant, has gone uncontested. The Plaintiffs would therefore be entitled to a decree under Order VIII Rule 10 of the Code of Civil Procedure. The above suit is therefore decreed in terms of prayer clause (a) with the modification that the Plaintiffs will be entitled to interest @ 9% p.a. from the date of the suit till payment or realization. Refund of Court fees, if any, as per rules. Decree be drawn up accordingly. (R.M.Savant, J.)