Case Summary
This case involves M/s. Bharathi Auto Finance seeking to recover ₹2,17,800 from the defendants as per a loan agreement. Defendants failed to repay the loan amount along with interest, leading to a legal dispute.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Realization of Money
Final Judgment
No
Why Plaintiff Won:
Defendants failed to repay the loan amount with interest as per the agreement.
Defendants failed to repay the loan amount with interest as per the agreement.
Judgment Evidence:
Defendant is directed to pay ₹ 2,08,800/- (Rupees Two Lakh eight Thousand Eight Hundred only) with interest @ 18% per annum from the date of suit till its realization, to the plaintiff.
Parties Involved
Plaintiffs
M/s. Bharathi Auto Finance (Age not specified years)
Door No.26/1751, 204, 1st Floor, Nusrath Complex, Naduvilangadi, Tirur amsom, Pookkayil Bazar PO., Tirur Taluk. 676 107
Defendants
Prabhakaran (40 years)
PO. Pariyapuram, PIN 676 302, Tirur Taluk
Sumitha (32 years)
Pariyapuram amsom, Eranakaranallur desom, PO. Pariyapuram, PIN 676 302, Tirur Taluk
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to recover ₹2,08,800 with interest
Evidence:
Defendant failed to repay amount despite multiple evidences presented by plaintiff
Documents & Evidence
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Plaintiff borrowed ₹1,80,000 on 16.12.2017
Reference:
Ext.A1
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Defendant executed promissory note in favor of plaintiff
Reference:
Ext.A2
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Plaintiff demanded repayment from defendant through legal notice
Reference:
Ext.A3
Document Type:
Acknowledgment Receipt
Submitted By:
Plaintiff
Relevance:
Defendant acknowledged receiving ₹9,000 towards the loan amount
Reference:
Ext.A4