Case Summary
Indel Money Pvt. Ltd. is a non-banking financial institution that provided a loan to Shareef and others. The defendants failed to repay the loan amount despite repeated demands, leading to the lawsuit for recovery.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs. 73,590/- from the defendants along with interest and costs.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence presented by the plaintiff was uncontroverted and established the claim for money owed.
The evidence presented by the plaintiff was uncontroverted and established the claim for money owed.
Judgment Evidence:
In the result, suit is decreed in part as follows; 1. The plaintiff is entitled to realize an amount of Rs.73,590/- from the defendants and from their assets.
Parties Involved
Plaintiffs
Indel Money Pvt. Ltd. (Age not specified years)
Corporate Office at 3ʳᵈ Floor, Indel House, Chengampuzha Nagar, South Kalamassery, Ernakulam, Kerala - 682 033
Defendants
Shareef (54 years)
Pulimoottil Veedu, Komalloor P.O, Chunakkara-690505
Saleena (50 years)
Pulimoottil Veedu, Komalloor P.O, Chunakkara-690505
Saleena (47 years)
Kuzhiyath, Nooranad
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of Rs.73,590/- from the defendants.
Evidence:
The plaintiff is entitled to realize an amount of Rs.73,590/- (Rupees Seventy Three Thousand Five Hundred and Ninety only) from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize interest @ 12% per annum for the amount due.
Evidence:
The plaintiff is entitled to realize interest @ 12% per annum for Rs.73,590/- (Rupees Seventy Three Thousand Five Hundred and Ninety only) from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize interest @ 6% per annum for the amount due.
Evidence:
The plaintiff is entitled to realize interest @ 6% per annum for Rs.73,590/- (Rupees Seventy Three Thousand Five Hundred and Ninety only) from the defendants and from their assets.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to realize costs of the suit from the defendants.
Evidence:
The plaintiff is entitled to realize costs of the suit from from the defendants and from their assets.
Documents & Evidence
Document Type:
Original loan agreement
Submitted By:
Plaintiff
Relevance:
Document establishing the loan terms and obligations of the defendants.
Reference:
Ext.A2
Document Type:
Copy of Lawyer's notice
Submitted By:
Plaintiff
Relevance:
Legal notice sent to defendants regarding unpaid loan.
Reference:
Ext.A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Document showing the financial details related to the loan and payments.
Reference:
Ext.A4
Document Type:
Certification of Exhibits A4
Submitted By:
Plaintiff
Relevance:
Certification supporting the authenticity of the statement of account.
Reference:
Ext.A4(a)