Case Summary
The plaintiff, K. Sethumadahavan, is seeking repayment of Rs. 1,60,000/- from the defendant, K.P. Chandran, which was lent in 2015. The defendant failed to repay the amount as promised, leading to this suit.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant is directed to pay an amount of Rs. 1,60,000/- with interest.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved his case by adducng cogent and reliable evidence.
The plaintiff proved his case by adducng cogent and reliable evidence.
Judgment Evidence:
In the result, the suit is decreed as follows :- 1. Defendant is hereby directed to pay an amount of Rs. 1,60,000/- with interest at rate of 12% per annum from 17-07-2015 till today and thereafter 6% per annum till realisation to the plaintiff.
Parties Involved
Plaintiffs
K. Sethumadahavan (64 years years)
Kalavankode House, Purathoor amsom, Tirur Taluk
Defendants
K.P. Chandran (57 years years)
Kaliyath Parambil House, Purathur amsom, Tirur Taluk
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendant is hereby directed to pay an amount of Rs. 1,60,000/- with interest at rate of 12% per annum from 17-07-2015 till today.
Evidence:
Defendant is hereby directed to pay an amount of Rs. 1,60,000/- with interest at rate of 12% per annum from 17-07-2015 till today and thereafter 6% per annum till realisation to the plaintiff.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff is entitled to realise the costs of the suit from the defendants.
Evidence:
Plaintiff is entitled to realise the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
The defendant executed a promissory note in favor of the plaintiff promising to repay the borrowed amount.
Reference:
Ext.A1