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of <h1>Court rules in favor of plaintiff under Indian Companies Act, orders defendants to pay Rs. 1,18,492.66.</h1> <h3>Larsen & Tubro Ltd. Versus Commercial Electric Works and others</h3> The court found in favor of the plaintiff, ruling that they were duly incorporated under the Indian Companies Act and authorized to bring the suit. It was ... - Issues Involved:1. Incorporation and Authorization2. Supply of Goods3. Entitlement to Interest4. Counterclaims by Defendants5. Amount Recoverable by Plaintiff6. ReliefSummary:1. Incorporation and Authorization:The court found that the plaintiff is duly incorporated under the Indian Companies Act and the suit has been instituted by a person authorized by the company.2. Supply of Goods:The court confirmed that the plaintiff supplied goods relating to Bill No. 283560 dated 24.3.76 to the defendants.3. Entitlement to Interest:The plaintiff is entitled to charge interest because the defendants unjustifiably denied the plaintiff's claim. The court fixed the rate of interest at 12% per annum from the date of the plaint until realization.4. Counterclaims by Defendants:The court addressed various counterclaims made by the defendants: - No amount is due from the plaintiff to the defendants as alleged in Clauses (a) to (h) of para 27 of the written statement. - A sum of Rs. 20,000.00 as alleged in para 28 of the written statement is not due from the plaintiff to the defendants. - The defendants have not proved their claim to a commission of Rs. 60,000.00 as stated in para 29 of the written statement. - The defendants are not entitled to a sum of Rs. 7,988.00 as stated in para 30 of the written statement. - The defendants are not entitled to a sum of Rs. 1,652.25 as stated in para 32 of the written statement. - The defendants have not proved their claim as stated in para 33 of the written statement.5. Amount Recoverable by Plaintiff:The court found that the plaintiff is entitled to recover a sum of Rs. 1,18,492.66 from the defendants.6. Relief:The court decreed: - Directing the defendants to pay the plaintiff a sum of Rs. 1,18,492.66. - Directing the defendants to pay the plaintiff interest at 12% per annum on the sum of Rs. 1,18,492.66 from the date of the suit until realization. - Directing the defendants to pay the plaintiff the costs of the suit. - Dismissing the counterclaim filed by the defendants with no costs.
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