Original Suit No. 254 of 2016

Case between Krishnankutty vs Accomplish Marketing Company Ltd regarding money realisation

Court

Court of the Munsiff of Tirur

Judge

Smt. Vincy.T.V., B.A, LL.B.

Order Date

2016-12-09

Duration

1 month and 18 days

Case Closed

Fri, 12/09/2016 - 12:00

Judgement document from eCourt website

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Case Summary

Krishnankutty filed a suit against Accomplish Marketing Company Ltd to recover Rs. 50,000 lent for business expansion, alleging non-payment of profit share and misuse of funds by the defendant.

Judgment Outcome

Plaintiff Won

Interim Order

The court directed the defendant to pay Rs. 1,16,700 to the plaintiff along with 6% interest on the principal amount from the date of the suit.

Judgment Favored

Plaintiff

Relief Granted

Monetary compensation with interest

Case Type

Civil Suit - Money Realisation

Final Judgment

The court directed the defendant to pay Rs. 1,16,700 to the plaintiff along with 6% interest on the principal amount from the date of the suit.

Why Plaintiff Won:
The plaintiff provided evidence and the defendant opted to remain ex-parte, leading to an uncontested case in favor of the plaintiff.

Losing Side's Weaknesses:
The plaintiff provided evidence and the defendant opted to remain ex-parte, leading to an uncontested case in favor of the plaintiff.

Supporting Evidence

The defendant remained ex-parte, and the evidence provided by the plaintiff remained unchallenged.

Judgment Evidence:

Defendant is directed to pay the plaintiff an amount of Rs. 1,16,700/- along with future interest @ of 6% for the principal amount of Rs. 1,00,000/- from the date of suit till the realization.

Parties Involved

Parties

Party Role: Plaintiff
Party Name: Krishnankutty
Party Age: 48
Relation: S/o. Chattavan Velayudhan

Party Role: Defendant
Party Name: Accomplish Marketing Company Ltd
Relation: Managed by Jayachandarn, S/o. Muthiyeri Vasu

Plaintiffs Documents

Share certificate dated 12-01-2016 (Ext.A1), Statement of Accounts from Kerala Gramin Bank (Ext.A2)

Defendants Documents

Not available

Advocates

Reliefs

Relief Type: Monetary Compensation

Outcome: Granted

Description:

Pay Rs. 1,16,700 to the plaintiff along with 6% interest

Evidence:

Defendant is directed to pay the plaintiff an amount of Rs. 1,16,700/- along with future interest @ of 6% for the principal amount of Rs. 1,00,000/- from the date of suit till the realization.

Documents & Evidence

Document Type: Share Certificate

Submitted By: Plaintiff

Relevance:

Evidence of investment and profit share agreement

Reference:

Ext.A1

Document Type: Statement of Accounts