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Issues: (i) Whether a suit for recovery of the price of goods was maintainable as a summary suit as a claim for a debt arising on a written contract; (ii) Whether an application for stay under section 34 of the Arbitration Act was barred by the 20-day period under the summary procedure and whether the delay could be condoned.
Issue (i): Whether a suit for recovery of the price of goods was maintainable as a summary suit as a claim for a debt arising on a written contract.
Analysis: The claim was for an ascertained and presently enforceable amount payable under the contract. A debt, for the purpose of the summary procedure, includes a sum that is certain or readily calculable and is presently due, whether with or without interest. The procedural provisions governing summary suits and the Original Side Rules were treated as compatible, and the amended summary procedure was held applicable to such a claim.
Conclusion: The suit was maintainable as a summary suit and the objection to its maintainability failed.
Issue (ii): Whether an application for stay under section 34 of the Arbitration Act was barred by the 20-day period under the summary procedure and whether the delay could be condoned.
Analysis: The summary procedure does not compel rejection of a stay application merely because it is filed after 20 days, so long as no decree has yet been passed. An application under section 34 can be made before the suit is finally decreed, and the arbitration remedy was treated as capable of being invoked without being defeated by the summary timetable. On the facts, the delay was explained and sufficient cause was shown for invoking section 5 of the Limitation Act.
Conclusion: The stay application was not barred by limitation under the summary procedure and the delay was condoned.
Final Conclusion: The decree and order under appeal were set aside and the matter was sent back for decision of the stay application on merits.
Ratio Decidendi: A stay application under section 34 of the Arbitration Act is not defeated merely because it is filed after the summary-suit period, provided no decree has been passed and sufficient cause exists for delay.