Case Summary
The plaintiff, J.K. Enterprises, engaged in money lending, claims that the defendant, Ajayan.K.N., defaulted on a loan of Rs.4,000/-. The plaintiff seeks repayment of Rs.6,800/- along with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Interest at the rate of 12% on the principal amount from the date of suit till the date of decree and 6% from the date of decree till payment.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff established the case by providing evidence of the loan and the defendant's default.
The plaintiff established the case by providing evidence of the loan and the defendant's default.
Judgment Evidence:
In the result, suit is decreed as follows: Defendant shall pay Rs.6,800/- along with interest @12% on the principal amount of Rs.4,000/- from the date of suit till the date of decree and 6% from the date of decree till payment or realization, as the case may be, to the plaintiff.
Parties Involved
Plaintiffs
Jacob.K.A. (48 years)
Koduvathara House, Cheraneloor Desom, Cheranelloor Village, Kanayannur Taluk, Cheranelloor.P.O.
Defendants
Ajayan.K.N. (46 years)
Kunnil House, Thennyakavu, Manapadathu House, H.No.291, Karumalloor, Paravur Taluk, Pin – 683 520.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover Rs.6,800 along with interest.
Evidence:
In the result, suit is decreed as follows: Defendant shall pay Rs.6,800 (Rupees Six thousand eight hundred only) along with interest @12% on the principal amount of Rs.4,000 (Rupees Four thousand only) from the date of suit till the date of decree and 6% from the date of decree till payment or realization, as the case may be, to the plaintiff.
Relief Type:
Other
Outcome:
Granted
Description:
Defendant and his assets shall be liable to satisfy the decree debt.
Evidence:
Defendant and his assets shall be liable to satisfy the decree debt.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff is entitled to realize the costs of the suit.
Evidence:
Plaintiff is also entitled to realize the costs of the suit.
Documents & Evidence
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
The promissory note executed by the defendant in favor of the plaintiff shows that the defendant availed a loan from the plaintiff for Rs.4,000 on 14.08.2018 agreeing to repay the same on demand.
Reference:
Ext.A1
Document Type:
Lawyers notice
Submitted By:
Plaintiff
Relevance:
Copy of the lawyer's notice issued to the defendant demanding repayment of amount due.
Reference:
Ext.A2
Document Type:
Returned Postal cover
Submitted By:
Plaintiff
Relevance:
The returned registered postal cover as evidence that the notice went unheeded by the defendant.
Reference:
Ext.A3