Case Summary
Plaintiff loaned Rs. 1,60,000 to defendant, who failed to repay as per agreement. Plaintiff filed suit seeking to recover the loan with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 1,60,000 with interest and costs
Case Type
Civil Suit - Money Realisation
Final Judgment
No
Why Plaintiff Won:
The plaintiff's evidence remained unchallenged as the defendant did not file a written statement despite multiple chances.
The plaintiff's evidence remained unchallenged as the defendant did not file a written statement despite multiple chances.
Judgment Evidence:
In the result, the suit is decreed as follows: 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. Plaintiff is entitled to realise the costs of the suit from the defendants.
Parties Involved
Plaintiffs
K. Sethumadhavan (64 years)
Kalavankode House, Purathoor amsom, Muttannoor desom, Tirur Taluk
Defendants
K.P. Chandran (57 years)
Kaliyath Parambil House, Purathur amsom, Muttannur desom & Post, Tirur Taluk
Reliefs
Relief Type:
Money Realisation
Outcome:
Granted
Description:
Payment of Rs. 1,60,000 with interest and costs
Evidence:
In the result, the suit is decreed as follows: 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. Plaintiff is entitled to realise the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Evidence of the loan agreement executed by the defendant.
Reference:
A1