{"id":36381,"date":"2009-01-15T00:00:00","date_gmt":"2009-01-14T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/tarwinder-mohan-singh-bhatia-vs-amrik-singh-others-on-15-january-2009"},"modified":"2018-01-11T09:54:07","modified_gmt":"2018-01-11T04:24:07","slug":"tarwinder-mohan-singh-bhatia-vs-amrik-singh-others-on-15-january-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/tarwinder-mohan-singh-bhatia-vs-amrik-singh-others-on-15-january-2009","title":{"rendered":"Tarwinder Mohan Singh Bhatia vs Amrik Singh &amp; Others on 15 January, 2009"},"content":{"rendered":"<div class=\"docsource_main\">Punjab-Haryana High Court<\/div>\n<div class=\"doc_title\">Tarwinder Mohan Singh Bhatia vs Amrik Singh &amp; Others on 15 January, 2009<\/div>\n<pre>IN THE PUNJAB AND HARYANA HIGH COURT AT\n              CHANDIGARH\n\n                                 R.S.A. No. 3898 of 2006 (O&amp;M)\n                                 Date of Decision : 15.1.2009\n\nTarwinder Mohan Singh Bhatia\n\n                                                            .......... Appellant\n                                 Versus\n\nAmrik Singh &amp; others\n                                                           ...... Respondents\n\nCORAM : HON'BLE MR. JUSTICE VINOD K. SHARMA\n\nPresent :    Mr. Padam Jain, Advocate\n             for the appellant.\n\n             Mr. Rajbir Wasu, Advocate\n             for the respondents.\n\n                   ****\n\nVINOD K. SHARMA, J. (ORAL)\n<\/pre>\n<p>             This regular second appeal is directed against the judgments<\/p>\n<p>and decree dated 20.8.2004 and 19.8.2006 passed by the learned Courts<\/p>\n<p>below vide which decree for recovery of Rs. 3.50 lacs along with interest @<\/p>\n<p>6% per annum, has been passed against appellant.<\/p>\n<p>             The plaintiff-respondents claimed that there was an agreement<\/p>\n<p>to sell executed between the parties on 12.3.1999.<\/p>\n<p>             The plaintiffs paid a sum of Rs. 3.50 lacs as earnest money out<\/p>\n<p>of the total sale consideration of Rs. 4.00 lacs.<\/p>\n<p>             A sum of Rs. 50,000\/- was agreed to be paid at the time of<\/p>\n<p>registration of the sale deed.\n<\/p>\n<p>             It was also the case of the plaintiff-respondent that defendant-<br \/>\n<span class=\"hidden_text\"> R.S.A. No. 3898 of 2006 (O&amp;M)                                  -2-<\/span><\/p>\n<p>appellant failed to comply with the terms of the contract as he did not<\/p>\n<p>appear before the Registrar for registration of the sale deed on the date<\/p>\n<p>fixed. The plaintiffs further alleged that they were always and still willing<\/p>\n<p>to perform their part of contract.\n<\/p>\n<p>               The suit was contested, wherein a plea was taken that the<\/p>\n<p>agreement to sell was not intended to be acted upon as in fact it was a loan<\/p>\n<p>transaction between the parties and the agreement to sell was executed as a<\/p>\n<p>security. The defendant-appellant further claimed that in fact loan was<\/p>\n<p>advanced to the appellant in the year 1993 and an agreement to sell Ex. D-1<\/p>\n<p>executed by way of security.\n<\/p>\n<p>               It was further the case of the defendant-appellant that he had<\/p>\n<p>been regularly paying the interest against the loan, however, no proof of<\/p>\n<p>payment was brought on record nor he was able to prove the rate of interest<\/p>\n<p>on which the loan was advanced.\n<\/p>\n<p>               The appellant-defendant also produced on record two other<\/p>\n<p>agreement to sell Ex. D-2 &amp; Ex. D-3 qua the property in dispute.<\/p>\n<p>               The learned Courts below recorded a concurrent finding of fact<\/p>\n<p>that Ex. P-3 was not an agreement to sell but merely security for a loan<\/p>\n<p>transaction. The learned Courts in order to come to this conclusion relied<\/p>\n<p>upon the agreements to sell Ex. D-1 to Ex. D-3.\n<\/p>\n<p>               It was held that in fact there was transaction of loan between<\/p>\n<p>the parties.\n<\/p>\n<p>               The decree for specific performance was declined.<br \/>\n<span class=\"hidden_text\"> R.S.A. No. 3898 of 2006 (O&amp;M)                                   -3-<\/span><\/p>\n<p>            In view of the fact that loan transaction stood proved between<\/p>\n<p>the parties suit was ordered to be decreed for recovery of Rs. 3.50 lacs along<\/p>\n<p>with interest @ 6% per annum as envisaged under Section 34 of the Code of<\/p>\n<p>Civil Procedure.\n<\/p>\n<p>            The learned counsel for the appellant vehemently contends that<\/p>\n<p>once the learned Courts came to the conclusion that agreement Ex. P-1 was<\/p>\n<p>in fact not an agreement to sell no reliance could be placed thereon.<\/p>\n<p>            Initially the loan was only for a sum of Rupees one lac and,<\/p>\n<p>therefore, by applying the principles of &#8220;Damu Pat&#8221; the interest of more<\/p>\n<p>than the principal could not be awarded.\n<\/p>\n<p>            There is no force in the contention raised by the learned<\/p>\n<p>counsel for the appellant. Once a specific stand was taken by the appellant<\/p>\n<p>that there was a loan transaction between the parties and Ex. P-1 was<\/p>\n<p>security and contents of agreement were not disputed, the amount<\/p>\n<p>mentioned in the agreement was rightly taken to be loan amount. As no rate<\/p>\n<p>of interest was agreed or proved, the learned Courts below rightly decreed<\/p>\n<p>the suit for recovery of Rs. 3.5 lacs with interest @ 6 % per annum, as per<\/p>\n<p>provisions of Section 34 CPC.\n<\/p>\n<p>            The concurrent finding of fact recorded by the learned Courts<\/p>\n<p>below is not open to challenge in this second appeal.<\/p>\n<p>             No question of law much less substantial question of law arises<\/p>\n<p>for consideration by this Court.\n<\/p>\n<p>            Dismissed.\n<\/p>\n<pre>15.1.2009                                        ( VINOD K. SHARMA )\n  'sp'                                                JUDGE\n <\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Punjab-Haryana High Court Tarwinder Mohan Singh Bhatia vs Amrik Singh &amp; Others on 15 January, 2009 IN THE PUNJAB AND HARYANA HIGH COURT AT CHANDIGARH R.S.A. No. 3898 of 2006 (O&amp;M) Date of Decision : 15.1.2009 Tarwinder Mohan Singh Bhatia &#8230;&#8230;&#8230;. Appellant Versus Amrik Singh &amp; others &#8230;&#8230; Respondents CORAM : HON&#8217;BLE MR. JUSTICE VINOD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,28],"tags":[],"class_list":["post-36381","post","type-post","status-publish","format-standard","hentry","category-high-court","category-punjab-haryana-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tarwinder Mohan Singh Bhatia vs Amrik Singh &amp; Others on 15 January, 2009 - Free Judgements of Supreme Court &amp; High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/tarwinder-mohan-singh-bhatia-vs-amrik-singh-others-on-15-january-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tarwinder Mohan Singh Bhatia vs Amrik Singh &amp; 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