Confirmation of Accounts Signed by Debtor Sufficient to Maintain Summary Suit Under Order 37 CPC: Delhi High Court
The Delhi High Court has held that a signed confirmation of accounts acknowledging a loan transaction and interest liability can be treated as a written contract and can be used as the basis for filing a summary suit under Order XXXVII of the Code of Civil Procedure, 1908. The Court passed the ruling while dismissing an appeal filed by Sandeep Goel, a Chartered Accountant, against a recovery decree granted in…