MUKULMUDGAL ( 1 ) THIS suit is filed by the plaintiff for recovery of Rs. 2,98,39,505. 00 together with pendentelite and future interest under Order XXXVII Civil Procedure Code. ( 2 ) DEFENDANTS were served on 21st August, 1998 with summons in the form No. 4 prescribed under Order XXXVII. Till today no application for leave to defend has been filed. ( 3 ) THE suit Is based on a written contract and is maintainable under Order XXXVII. Hence the plaintiff is entitled to a decree under Order XXXVII Rule 2 (3) Civil Procedure Code. The plaintiff shall also be entitled to pendentelite and future interest. ( 4 ) THE suit as prayed for is accordingly decreed against defendant No. 1 for Rs. 2,98,39,505. 00 as principal amount with interest @ 24% per annum from the date of the suit i. e. 27th July, 1998 till the date of decree and @ 8% per annum from the date of decree till the date of realization. The plaintiff shall be entitled to costs. ( 5 ) THE suit is decreed accordingly. Decree sheet be drawn up in the above terms.