Case Summary
Plaintiff filed suit against the defendant seeking realisation of a loan amount of Rs. 5,00,000 borrowed by defendant for business expansion.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 2,18,501 with interest
Case Type
Civil Suit - Debt Realisation
Final Judgment
No
Why Plaintiff Won:
Defendant admitted borrowing amount and partial repayment; cheque issued by defendant for repayment supported plaintiff's claim.
Defendant admitted borrowing amount and partial repayment; cheque issued by defendant for repayment supported plaintiff's claim.
Judgment Evidence:
The suit is decreed as follows: The defendant is hereby directed to pay the plaintiff an amount of Rs. 2,18,501/- with interest thereon.
Parties Involved
Plaintiffs
Kunhimohamed (58 years)
Kunnath House, Vettom Pallipram Amsom, Perunthalloor Desom, Tirur Taluk
Arshad (25 years)
Kunnath House, Vettom Pallipram Amsom, Perunthalloor Desom, Tirur Taluk
Defendants
Abdul Razak (49 years)
Panikka Veettil Thavayil House, Vettom Pallipram Amsom, Perunthalloor Desom, Tirur Taluk
Reliefs
Relief Type:
Debt Realisation
Outcome:
Granted
Description:
Payment of Rs. 2,18,501 with interest
Evidence:
The suit is decreed as follows: The defendant is hereby directed to pay the plaintiff an amount of Rs. 2,18,501/- with interest thereon.
Documents & Evidence
Document Type:
Cheque Document
Submitted By:
Plaintiff
Relevance:
Cheque No.985106 of Dhanalakshmi Bank, Tirur
Reference:
Ext.A1
Document Type:
Bank Receipt
Submitted By:
Defendant
Relevance:
Canara Bank Receipt
Reference:
B1