- 1 - 3.ss.1745.11 skt IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION SUMMARY SUIT NO.1745 OF 2011 Housing Development Finance Corporation Ltd. ..Plaintiff -Versus- Sarate Kiran Maruti & Ors. ..Defendants .......... Mr. Rajesh L. Sethia for the Plaintiff. None for the Defendants. .......... CORAM : S.J. VAZIFDAR, J. DATE : 14TH DECEMBER 2011. P.C. 1 The suit filed to recover the amounts due under a loan agreement entered into between the plaintiff and defendant no.1. The other defendants are the guarantors. Defendant nos.2 and 3 have executed the guarantees. The amounts not having been paid, the plaintiff addressed demand notices. There is no reply to the same. The defendants have not filed an appearance. The defendants are absent. 2 There is nothing on record that militates against the plaintiff’s claim. The plaintiff however has claimed interest at 18% per annum, though the agreement provides interest at 10% per annum. I see no reason to - 2 - 3.ss.1745.11 disbelieve the averments and submissions in the plaint. There is, therefore, no defence to the suit. 3 In the circumstances, the suit is decreed in the sum of Rs. 4,32,087/- together with interest at 10% from 1st February 2009 till payment and for costs. Costs to be quantified as per Rules. Refund, if any, as per Rules. -