Case Summary
Plaintiff filed a suit against the defendant to realize an amount of Rs. 9,50,000 borrowed for business expansion, which the defendant failed to repay after issuing dishonored cheques.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs.9,50,000 with 6% interest annually
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided cogent and reliable evidence including dishonored cheques and notice of demand which remained unchallenged by the defendant.
The plaintiff provided cogent and reliable evidence including dishonored cheques and notice of demand which remained unchallenged by the defendant.
Judgment Evidence:
The suit is decreed as follows:- 1. The defendant is directed to pay the plaintiff an amount of Rs.9,50,000/- (Rupees nine lakh and fifty thousand only) with interest at the rate of 6% per annum from the date of suit till realization.
Parties Involved
Plaintiffs
Ammikkodan Ibrahim (42 years)
Ayyaya desom, Tirur Taluk
Mundakkoora Hamzakkutty (Age not specified years)
Ayyaya desom, Tirur Taluk
Defendants
Puthoor Shakkeer (37 years)
Ozhur amsom & Post, Korad desom, Tirur Taluk. PIN - 676 307
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Payment of Rs.9,50,000 with 6% annual interest
Evidence:
The suit is decreed as follows:- 1. The defendant is directed to pay the plaintiff an amount of Rs.9,50,000/- (Rupees nine lakh and fifty thousand only) with interest at the rate of 6% per annum from the date of suit till realization.
Documents & Evidence
Document Type:
Cheque
Submitted By:
Plaintiff
Relevance:
Evidence of attempted payment by the defendant
Reference:
A1 - Cheque dated 25-5-2017 for Rs.4,75,000
Document Type:
Cheque
Submitted By:
Plaintiff
Relevance:
Evidence of attempted payment by the defendant
Reference:
A2 - Cheque dated 5-6-2017 for Rs.4,75,000
Document Type:
Memo
Submitted By:
Plaintiff
Relevance:
Memo showing the reasons for cheque dishonor
Reference:
A3 - Memo received from State Bank of India
Document Type:
Notice
Submitted By:
Plaintiff
Relevance:
Evidence of notice demanding repayment
Reference:
A5 - Copy of Regd. Lawyer Notice
Document Type:
Acknowledgment
Submitted By:
Plaintiff
Relevance:
Acknowledgment of receipt of lawyer notice by the defendant
Reference:
A6 - Postal acknowledgment card