Case Summary
Plaintiff Faizal Babu filed a suit against defendant Muhammed Abdul Noor to recover Rs.1,00,000/- lent for a business purpose with promised dividends, as the defendant failed to repay.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money Realisation with interest
Case Type
Civil Suit - Money Realisation
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided cogent and reliable evidence corroborating the loan agreement and the defendant's failure to repay.
The plaintiff provided cogent and reliable evidence corroborating the loan agreement and the defendant's failure to repay.
Judgment Evidence:
In the result, the suit is decreed as follows:
Parties Involved
Plaintiffs
Faizal Babu (30 years)
Pramban House, Valavannur amsom, Cheravannur desom, Tirur Taluk
Defendants
Muhammed Abdul Noor (38 years)
Kambala House, Kuttippuram amsom, desom, Kuttippuram, Tirur Taluk
Reliefs
Relief Type:
Money Realisation
Outcome:
Granted
Description:
Recovery of Rs.1,00,000/-
Evidence:
In the result, the suit is decreed as follows: Plaintiff is entitled to realise an amount of Rs.1,00,000/-(Rupees One lakh only) from the defendant with interest at the rate of 6% per annum from the date of suit till realisation
Relief Type:
Costs of the suit
Outcome:
Granted
Description:
Defendant to bear the costs of the suit
Evidence:
Plaintiff is entitled to realise the costs of the suit from the defendant.
Documents & Evidence
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Evidence of loan agreement
Reference:
Ext.A1