LAWS(MAD)-1945-11-28

BATCHU VENKATARAO Vs. SURNEEDI SATHIRAJU AND ORS.

Decided On November 23, 1945
BATCHU VENKATARAO Appellant
V/S
Surneedi Sathiraju And Ors. Respondents

JUDGEMENT

(1.) THE appellant filed a suit on a mortgage for Rs. 3,000 bearing interest at 12 -3/8 per cent, per annum with a default rate of 12 -3/8 per cent, com pound with annual rests. In the plaint the appellant gave up Rs. 550 and claimed Rs. 9,000 with subsequent interest. The defendants raised pleas under Madras Act IV of 1938 which were negatived. The Court accepted the evidence of certain payments made and also reduced the rate of interest to nine per cent simple, treating the transaction as usurious and gave a decree on that basis for Rs. 3,000 with interest at nine per cent from the date of the bond, less the amount of the payments. In calculating the amount of the payments an error was made, the total being taken as Rs. 1,800 instead of Rs. 3,160. The preliminary decree is dated 20th February, 1942 and one year was allowed for redemption. There was no appeal and a final decree was passed. In the course of the execution the defendants discovered the error in calculating the amount of payments and they filed an amendment petition which was allowed, the decree being amended so as to give credit for the full amount of payments, Rs. 3,160. It is against this amended decree that the present appeal is preferred.

(2.) IN appeal Mr. Narasaraju has conceded that the figures of payments adopted in the original decree were wrong and that the error which was corrected in the amendment was a purely arithmetical error. He has, however, contended that the amendment should not have been made because there was another error which neutralises the effect of the arithmetical error and to the extent of the amendment he has contended that the original decision of the lower Court was wrong. His contention is that there was no basis for the lower Court's decision that the rate of interest was usurious and that anyhow the reduction in the rate of interest should not have been so drastic as it was. Against this contention the respondents urge that the appeal is barred by limitation, having been preferred more than two years after the original decree. They also contend that there is another error in the lower Court's original decree which neutralises the effect of the error pointed out by the appellant as neutralising, of the effect of the arithmetical error which was corrected in the amendment.

(3.) TURNING to the merits of the appeal, we doubt whether it is desirable to attempt to work out the result of the various neutralising errors which are alleged to have been committed in the original decree. Clearly there was an arithmetical error in calculating the amount of payments. The question whether there was an error in the application of the Usurious Loans Act is to a large extent a matter of opinion. The learned Judge might have stated at more length his reason for reducing the claim as drastically as he has done; but it is not a reduction which is obviously illegal. On the other hand there does seem to have been an error in refusing relief under Madras Act IV of 1938 to the sons of the first defendant, because it appears from the judgment that the first defendant, the father, was divided from his own brother so that on the decision, Section 6 of Madras Act IV of 1938 would not operate to make the disqualification of the father from claiming relief exclude the sons from a similar relief. No doubt on a correct working out of the relief under Madras Act IV of 1938 the father would have to be treated as a non -agriculturist and the sons as agriculturists; but the father's share would only be one -fourth of the property. In these circumstances we do not feel disposed to go into the precise effect of these conflicting errors in order to ascertain whether on the balance there is any error to the detriment of the plaintiff which would neutralist the correction of the admitted arithmetical error of the learned Judge in calculating the payments." In this view we dismiss the appeal with costs.