Professional Documents
Culture Documents
Moot Court Problem 1( Promissory Note)
Moot Court Problem 1( Promissory Note)
Between:
Rajesh
…Plaintiff
And
…Defendant
I. DESCRIPTION OF PLAINTIFF:
Ram Mohan Rao, S/o Madhav Rao, Age: 45 yrs, Occ: Bussiness,R/o
H.No. _ _ _ _ _, Locality_ _ _ _ _ _ _ _ _ Khammam District, Telangana
State, Cell No _ _ _ _ _ _ _
---------------------*---------------------
1. That the plaintiff and defendant are well acquainted with each
other. Out of such well acquaintance, the defendant approached the
plaintiff and borrowed an amount of Rs. 6,00,000/-(Six Lakhs rupees
only) from the Plaintiff on 12-01-2023 for his Bussiness necessities and
in token to receipt of the said consideration, the defendant executed a
demand promissory note in favor of the plaintiff on the same day with a
stipulation to said amount either to the plaintiff or to order on his
demand and together with interest accrued thereon @ 24% p.a.
2. That the plaintiff made several oral demands with the defendant to
pay principle amount of Rs.6,00,000/- including interest accrued on,
but the defendant did not pay either principle amount or interest from
15 months. The defendant is intentionally avoiding the payment and
postponing paying the same day to day and he paid deaf ear of
demands of plaintiff.
3. That there after the plaintiff made several Oral demands to the
defendant to pay the principle amount along with its accrued interest
and postponing the same in one pretext or other. The defendant did not
choose to pay any amount or approach the plaintiff. As such there is no
hope to recovery of the said amount including accrued interest from the
defendant except to file suit before the Hon’ble court.
5. CAUSE OF ACTION
6. JURISDICTION
That the plaintiff and the defendant reside in Khammam city and
the said transactions took place in the residence of plaintiff. Hence this
Hon’ble court has got territorial and pecuniary jurisdiction to entertain
and try the suit.
7. LIMITATION
For the purpose of Court fee and jurisdiction, the suit is being
valued at Rs.7,80,000/- (Rupees Seven lakhs Eighty thousand only) on
which a court Fee of Rs.10,226/- is payable under section 20 of A.P.
Court fees and suits valuation Act, which is proper and sufficient. The
court fee is paid through challan in S.B.I., Kaviraj nagar branch
Khammam Town and District.
PRAYER
KHAMMAM
I the Plaintiff herein do hereby declare that the contents of the above
Plaint paras are true and correct to the best of my knowledge, belief and
information. Hence, it is verified and signed on this day.
KHAMMAM
2. That the defendant did not pay either principle amount or interest
from 15 months, the plaintiff made several oral demands with the
defendant to pay principle amount of Rs.6,00,000/- including interest
accrued on, but the defendant is intentionally avoiding the payment
and postponing paying the same day to day and he paid deaf ear of
demands of plaintiff.
3. That basing upon the pleadings of parties to the suit, the following
issues were settled for the purpose of trail.
Date Plaintiff
Khammam
Between:
Rajesh
…Plaintiff
And
…Defendant
1. That the plaintiff filed above suit for recovery of money against the
defendant by making all false and baseless allegations. That all the
allegations made in the plaint are inconsistent.
2. That the allegation made in para no.1 of the plaint that the defendant
approached on 12-01-2023 and borrowed an amount of Rs. 6,00,000/-
(Six Lakhs rupees only) from the Plaintiff for his Bussiness necessities
and in token to receipt of the said consideration, the defendant executed a
demand promissory note in favor of the plaintiff on the same day with a
stipulation to said amount either to the plaintiff or to order on his demand
and together with interest accrued thereon @ 24% p.a. are all false and
baseless and are invented foe the purpose of this suit. Hence, the Plaintiff
is put to strict proof of the same.
7. That the plaintiff has no cause of action to file and alleged cause of
action as stated by the plaintiff is invented for the purpose of the suit.
KHAMMAM
Date DEFENDANT
VERIFICATION
I the defendant herein do hereby declare that the contents of the above
written statement paras are true and correct to the best of my knowledge,
belief and information.Hence, it is verified and signed on this day.
KHAMMAM
Date DEFENDANT