SANJAY KUMAR NANDECHA vs M/S. AITHENT TECHNOLOGIES PVT. LTD..

Judgment text excerpt

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 05th February, 2026 Pronounced on: 16th June, 2026 + RFA 649/2024, CM APPL. 29445/2025 SANJAY KUMAR NANDECHA S/o Shri Rajinder Kumar Nandecha, R/o X-14, Sector 12, Noida-201301 U.P. .....Appellant Through: Mr. S.C. Anand Advocate. versus M/S. AITHENT TECHNOLOGIES PVT. LTD. Through its Chief Executive Officer, A-186, Okhla Industrial Area, Phase-I, New Delhi-110020. .....Respondent Through: Ms. Venancio D'Costa and Ms. Gauri Goel, Advocates. CORAM: HON'BLE MS. JUSTICE NEENA BANSAL KRISHNA J U D G M E N T NEENA BANSAL KRISHNA, J. 1. The present Regular First Appeal under Section 96 read with Order XLI of the Code of Civil Procedure, 1908 (hereinafter referred to as "CPC") has been preferred by the Appellant/Plaintiff, Sanjay Kumar Nandecha, assailing the Judgment and Decree dated 20.04.2024 whereby his Suit for RFA 649/2024 Page 1 of 16 Signature Not Verified Signed By:VIKAS ARORA Signing Date:16.06.2026 18:15:58 Recovery of Rs.5,52,737/- has been dismissed, by the learned District Judge, Delhi. 2. The Appellant/Plaintiff instituted the CS DJ No.13433/2016 for recovery of Rs.5,52,737/- (principal amount of Rs.4,07,100/- and interest of Rs.1,45,637/-). 3. Briefly stated, the case of the Appellant/Plaintiff was that he joined the services of the Respondent Company on 05.07.1993 and continued in employment till 12.12.2003. At the time of his resignation, he was serving as Engineering Manager at the Gurgaon Branch of the Respondent Company and was drawing a gross monthly salary of Rs.88,500/- along with Leave Travel Allowance of Rs.30,000/- per annum. 4. During the financial year 2002-2003, the Respondent Company faced financial difficulties on account of substantial investments in infrastructure and delayed payments, f