Case Summary
Fortune Chits and Investments filed a suit against P.U.Scaria for the realization of money. The cause of action arose on 03/07/2020.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant do pay ₹4,06,700 together with interest @ 12% per annum from the date of the suit until the date of decree.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendant to pay ₹4,06,700 along with interest and costs.
Why Plaintiff Won:
The suit was decreed based on the merits of the claim and the evidence presented by the plaintiff.
The suit was decreed based on the merits of the claim and the evidence presented by the plaintiff.
Losing Side's Weaknesses:
The suit was decreed based on the merits of the claim and the evidence presented by the plaintiff.
The suit was decreed based on the merits of the claim and the evidence presented by the plaintiff.
Supporting Evidence
The court awarded the relief based on the claims made by the plaintiff and the legal standards applicable to the case.
Judgment Evidence:
The suit is decreed. The defendant do pay ₹4,06,700(Rupees Four Lakhs Six Thousand and Seven Hundred only) together with the interest @ 12% per annum from the date of the suit until the date of decree to the plaintiff and thereafter the defendant do pay interest @ 6% per annum until the date of realization to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Fortune Chits and Investments
- Relation
- represented by the Managing Partner Jojy Eloor
- Party Role
- Defendant
- Party Name
- P.U.Scaria
- Relation
- S/o
Plaintiffs Documents
Ext. A1 to A4
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Mathew P Paul
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Soumya Kumari T
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Dilish John
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant do pay ₹ 4,06,700 with interest to the plaintiff.
Evidence:
The suit is decreed. The defendant do pay ₹ 4,06,700 (Rupees Four Lakhs Six Thousand and Seven Hundred only) together with the interest @ 12% per annum from the date of the suit until the date of decree to the plaintiff.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to get costs of the suit.
Evidence:
The plaintiff is also entitled to get costs of the suit.
Documents & Evidence
Document Type:
Oral Evidence
Submitted By:
Plaintiff
Relevance:
PW1 was examined and Ext. A1 to A4 were marked from the side of the plaintiff.
Reference:
Document Type:
Exhibit
Submitted By:
Plaintiff
Relevance:
Marked exhibits from the side of the plaintiff.
Reference:
Ext.A1 to A4
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Kolenchery
Common Reasons
Recovery of money
Case Code
Case between Fortune Chits and Investments vs P.U.Scaria regarding realization of money.
Case Code Year
Case between Fortune Chits and Investments vs P.U.Scaria regarding realization of money.