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Sh. Santosh Kumar Mittal vs M/S International Trading Agency on 8 May, 2020

By indiankanoon.org
Published On :: Fri, 08 May 2020 00:00:00 +0530

1. The plaintiff has filed the present suit against the defendant for recovery of Rs. 2,72,858/. The brief facts of the present case are as under : 1.1 That the plaintiff is the proprietor of M/s S.K. Enterprises and doing the business of government electrical contractor since 1995.

1.2 That defendant No. 2 is known to the plaintiff for more than 20 years and defendant No. 2 was running his business of sale of electrical goods as proprietor/partner of defendant No. 1 for the last 7/8 years from the aforesaid address and presently doing the business from the top floor of the aforesaid address.

1.3 That in the first week of March, 2015 defendant No. 2 had requested for a friendly loan of Rs. 2,50,000/ from the plaintiff for some urgent business need for one week and considering the old friendship with defendant no. 2, the plaintiff had agreed to give a sum of Rs. 2,00,000/ to the defendants but defendant No. 2 was insisting to increase the amount from Rs. 2,00,000/ and accordingly, the plaintiff had agreed to give Rs. 2,01,000/ to the defendants as a friendly loan for one week to the defendant and transferred an amount of Rs. 2,01,000/ on 09.03.2015 by RTGS No. 17673 from the account of his firm M/s S.K. Enterprises Page 2 of 10 bearing No. 034902000001291 with Indian Overseas Bank, Roop Nagar, Delhi to the account of defendant No. 1 bearing No. 914020024386296 with Axis Bank, Mukherjee Nagar, Delhi having IFSC code No. UTIB0001838.

Sh. Santosh Kumar Mittal vs M/S International Trading Agency on 8 May, 2020

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