Case Summary
Kerala Chit Formans Company Pvt. Ltd. is suing Sunitha Kumari and Jayachandran for default on payments related to a chitty auction. The plaintiff claims the defendants owe Rs. 3,68,450/- including interest for defaulted installments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants shall pay Rs. 3,68,450/- with interest @ 6% per annum.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided sufficient evidence of payments made and established that the suit was not barred by limitation.
The plaintiff provided sufficient evidence of payments made and established that the suit was not barred by limitation.
Judgment Evidence:
In the result, suit is decreed on the following terms. 1) Defendants shall pay Rs. 3,68,450/- (Rupees Three lakhs sixty eight thousand four hundred fifty only) with interest @ 6% per annum on the principal amount of Rs. 2,00,000/- (Rupees Two lakhs only) from the date of suit till date of decree till realization as the case may be, to the plaintiff.
Parties Involved
Plaintiffs
Kerala Chit Formans Company Pvt. Ltd. (Age not specified years)
II nd Floor, Kaloor Towers, Kaloor P O, Cochin- 682017
Defendants
Sunitha Kumari (44 years)
Vitoba Mandir, Thirumala Bhagom P O, Thuravoor, Alapuzha District
Jayachandran (54 years)
Vitoba Mandir, Thirumala Bhagom P O, Thuravoor, Alapuzha District
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff sought recovery of Rs. 3,68,450/- including principal and interest.
Evidence:
Defendants are liable to pay Rs. 3,68,450 towards principal amount and interest with future interest of 18% to the plaintiff.
Relief Type:
Costs
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:
Authorization
Submitted By:
Plaintiff
Relevance:
Authorization issued by the Company allowing the manager to represent the plaintiff in legal proceedings.
Reference:
Ext.A1
Document Type:
Debit Voucher
Submitted By:
Plaintiff
Relevance:
Debit voucher for the auction amount received by the first defendant.
Reference:
Ext.A2
Document Type:
Chitty Agreement
Submitted By:
Plaintiff
Relevance:
Agreement signed by the defendants committing to pay the remaining installments.
Reference:
Ext.A3
Document Type:
Ledger Extract
Submitted By:
Plaintiff
Relevance:
Certified ledger extract showing payments made by the defendants.
Reference:
Ext.A4
Document Type:
Account Statement
Submitted By:
Plaintiff
Relevance:
Account statement of the plaintiff maintained in Punjab National Bank.
Reference:
Ext.A5
Document Type:
Registered Letter
Submitted By:
Plaintiff
Relevance:
Office copy of the registered letter issued by the plaintiff to the defendant.
Reference:
Ext.A6
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Card acknowledging receipt of communication from the plaintiff.
Reference:
Ext.A7
Document Type:
Letter
Submitted By:
Plaintiff
Relevance:
Letter issued by the first defendant to the plaintiff.
Reference:
Ext.A8
Document Type:
Cheque
Submitted By:
Defendant
Relevance:
Copy of cheque for the auction amount of Rs. 3,41,000/-.
Reference:
Ext.B1