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
Why Plaintiff Won:
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
Plaintiffs
M/s S R Petrochemical (54 years)
XXI/349, Panchajanyam, New Road, Infort, Thripunithura, Kerala- 682301
Defendants
K Kailashkumar (Age not specified years)
No. 6/43, Therivilai, South Thamaraikulam, Kanyakumari, Tamil Nadu- 629701
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