JUDGEMENT
-
(1.) By way of the instant writ petition,
the petitioner has implored to quash and set
aside the order dated 17
th
August, 2010,
whereby the learned Additional District
Judge (Fast Track), No.4, Ajmer, allowed the
application of the respondent no. 2-
defendant filed under Order 13 Rule 6 of CPC
and Section 35 of Stamp Act and directed the
petitioner-plaintiff to pay 5% stamp duty on
amount of Rs. 2 lakhs together with ten
times penalty of the amount of stamps.
(2.) Adumbrated in brief, the facts of
the case are that the petitioner-plaintiff
filed a suit under Order 37 Rule 2 of CPC
stating that the petitioner and respondent
no. 2 were known to each other and both of
them were entailed in a business
transaction. It is averred that the
respondent no. 2-defendant borrowed Rs. 2
lakhs from the petitioner on 8
th
April, 2004
and rendered a promissory note in favour of
the petitioner, which termed that whenever
the petitioner-plaintiff asked for return of
the said amount, he would repay the same. It
is alleged that on 24
th
February, 2006, the
petitioner-plaintiff asked the respondent
no. 2 to return the said amount of
promissory note, but the respondent no. 2
refused to do so, hence, he filed the
aforesaid suit before the competent court.
(3.) During the trial of the suit, the
respondent no.2 - defendant filed one
application under Order 13 Rule 6 of CPC and
Section 35 of the Stamp Act stating that the
petitioner-plaintiff had exhibited the
promissory note as Exhibit/1 in his
affidavit and the cross-examination of the
witness was to commence but the said
promissory note could not be taken in
evidence, as it was not a 'promissory note
within the definition of Negotiable
Instruments Act and conversely, it was a
'bond under Section 2(5) of Stamp Act,
which was insufficiently stamped, hence, the
document could be admissible in evidence
only after realizing 5% stamp duty of the
total value of promissory note. Learned
trial court having considered the
submissions, allowed the application of the
respondent no.2 - defendant on 17th August,
2010, which has been impugned in this writ
petition.;
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