1. This is a suit for recovery of Rs.1,07,000 and Injunction. The case of the plaintiff is that the defendant induced the plaintiff to invest Rs.1,00,000 and they promised to give a profit at the rate of 3.5 per cent per month. It was also agreed that the plaintiff was at liberty to withdraw the amount on 2 months notice whenever she desired. It is contended that the defendant has in fact misappropriated, the plaintiff's money by deception of their company. Hence this suit for recovery of the above amount.
2. The defendant has chosen to remain absent in spite of the service. The suit has therefore proceeded ex parte. The plaintiff has filed an affidavit in evidence. The plaint is also verified on oath. The above evidence of the plaintiff has gone unchallenged and unrebutted.
3. I, therefore, decree the plaintiff's suit for a sum of Rs.1,07,000. I allow interest at 10 per cent per annum from the date of the suit till the recovery of the decretal amount. The costs of the suit shall be borne by the defendant.
4. H.B.T:/A-570/K.