1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION SUMMARY SUIT NO. 2525 OF 2007 Nitesh H. Jain ...Plaintiff vs. Shivaji Ramchandra Panchagne & Anr. ...Defendants Mr.Nita Solanki i/b. M/s.Kiran Jain & Co. for the Plaintiff. None for the Defendants. CORAM : V.M. KANADE, J. DATED : FEBRUARY 4, 2010 P.C. :- 1 Heard Counsel for the plaintiff. None appears on behalf of the defendants though they are served. Affidavit of service dated 25th February, 2008 has been filed by the plaintiff. Compilation of original documents also have been filed on 18th March, 2008. In spite of service of writ of summons, no appearance has been filed by the defendants within ten days from the service of writ of summons. The plaintiff, therefore, is entitled for a judgment and decree. 2 2 I have perused the compilation of original documents tendered by the plaintiff. Suit is based on a demand of promissory note dated 14th April, 2007 executed by the defendant. In spite of service of notice on the defendants calling upon the defendants to pay the said amount, the defendants have not paid the said amount. The plaintiff has also produced a Money Lending license along with the details of the conditions of the loan. 3 The plaintiff s suit, accordingly, is decreed in terms of para 14(a) with the modification that the plaintiff would be entitled to get interest at the rate of 15% per annum instead of 21% as claimed in the prayer clause. Suit, accordingly, is disposed of. Refund of court fees to be paid in accordance with Rules. 4 Certified copy expedited. (V.M. KANADE, J.)