Case Summary
The plaintiff, M/s S R Petrochemical, a business engaged in trade of bitumen, tar and Emulsion, sued the defendant, K Kailashkumar, a businessman, for non-payment of outstanding dues for commodities supplied on credit basis.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay Rs.2,54,996/- with interest as specified
Case Type
Civil Suit
Final Judgment
No
Defendant ordered to pay Rs.2,54,996/- with interest to plaintiff
Why Plaintiff Won:
Losing Side's Weaknesses:
Supporting Evidence
Judgment Evidence:
In the result, suit is decreed as follows: 1) Defendant shall pay Rs.2,54,996/- (Rupees Two lakhs fifty four thousand nine hundred and ninety six only) along with interest @12% from the date of suit till the date of decree and 6% from the date of decree till payment or realization, as the case may be, to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- M/s S R Petrochemical
- Party Age
- 54
- Relation
- Managing Partner
- Party Role
- Defendant
- Party Name
- K Kailashkumar
Plaintiffs Documents
True copy of bills of Commodities purchased by the defendant with 65 B certification, True copy of the ledger extract showing GST receipt, 14.02.2023 True copy of lawyers notice, Postal receipt, Acknowledgment Card
Defendants Documents
Advocates
Reliefs
Relief Type:
Monetary Recovery
Outcome:
Granted
Description:
Defendant to pay Rs.2,54,996/- along with interest
Evidence:
Suit is decreed to pay Rs.2,54,996/- with interest @12% till date of decree and 6% thereafter
Relief Type:
Interest Rate Adjustment
Outcome:
Granted
Description:
Interest rate adjusted to 12% per annum
Evidence:
Defendants directed to pay interest at the rate of 12% per annum
Relief Type:
Costs Recovery
Outcome:
Granted
Description:
Plaintiff entitled to recover suit costs
Evidence:
Plaintiff is entitled to realize the costs of the suit
Documents & Evidence
Document Type:
Commodities purchased invoices
Submitted By:
Plaintiff
Relevance:
Copy of invoices of the commodities purchased by the defendant
Reference:
Ext.A1
Document Type:
Ledger extract with GST receipt
Submitted By:
Plaintiff
Relevance:
Copy of ledger extract showing GST receipt
Reference:
Ext.A2
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Copy of lawyer's notice dated 14.02.2023
Reference:
Ext.A3
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Original of postal receipt issued to the legal notice dated 14.02.2023
Reference:
Ext.A4
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Original of acknowledgment card
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Other Civil Cases
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Case Code
Case between M/s S R Petrochemical vs K Kailashkumar regarding Suit for realization of money
Case Code Year
Case between M/s S R Petrochemical vs K Kailashkumar regarding Suit for realization of money