RAKESH MOHAN PUROHIT Vs. LAXMAN SINGH RAWAT

JUDGEMENT

(1.) THIS appeal, preferred under Sec tion 100 of the Code of Civil Proce dure, 1908, is directed against the judg ment and decree dated 20-02-2003 passed in Civil Appeal No. 1 of 2001, whereby judgment and decree dated 20-07-2000 passed by trial court, in Civil Suit No. 111 of 1998 was con firmed.

(2.) BRIEF facts of the case are that a suit was filed by plaintiff/respondent for recovery of Rs. 78, 500/- from the defendant/appellant. As per the plaint case, the plaintiff is a retired Range Of ficer and defendant's father was his col league. On 10-09-1995, defendant took a loan of Rs. 50, 000/- from the plain tiff through Cheque No. 27307 dated 10-09-1995 and executed a pronote and a receipt. According to the plain tiff, the defendant purchased a vehicle by a loan taken from a bank and for repayment of said loan to the bank, the aforesaid amount was taken from the plaintiff. However, when on 29-01- 1998, the plaintiff demanded repay ment by sending a notice, the defend ant failed to repay the loan. As such, the plaintiff instituted a suit for recov ery of money with interest.

(3.) AFTER recording the evidence and hearing the parties, learned trial court decreed the suit with the costs for Rs. 78, 5007- with 18% compound interest per annum there-on with quarterly rests for the period of pendency of suit till the payment is made. Aggrieved by said judgment and decree dated 20- 07-2000, a civil appeal No. 1 of 2001, was filed by the defendant, which was also dismissed on 20-02- 2003. Hence this Second Appeal by the defendant.