Case Summary
Plaintiff filed suit against defendants for the realization of Rs. 1,30,000 representing 50 grams of gold taken as an investment in the jewelry business.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 1,30,000 with 6% interest
Case Type
Civil Suit - Realization of money
Final Judgment
No
The court decreed the suit for the plaintiff, directing the defendants to pay Rs. 1,30,000 with 6% interest per annum from the date of the suit.
Why Plaintiff Won:
The plaintiff proved the case by providing cogent and reliable evidence of the loan and default by the defendants.
The plaintiff proved the case by providing cogent and reliable evidence of the loan and default by the defendants.
Losing Side's Weaknesses:
The plaintiff proved the case by providing cogent and reliable evidence of the loan and default by the defendants.
The plaintiff proved the case by providing cogent and reliable evidence of the loan and default by the defendants.
Supporting Evidence
As stated in the plaint the money equivalent to 50 grams of gold, Rs. 1,30,000, is due to the plaintiff. Hence the plaintiff is entitled to realize the said amount.
Judgment Evidence:
The suit is decreed as follows: The defendants are directed to pay amount of Rs. 1,30,000 with an interest at the rate of 6% per annum from the date of suit till the date of realization. The defendants shall pay costs of the suit.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Panayankandi Mohan Das
- Party Age
- 50
- Relation
- S/o. Bhaskaran
- Party Role
- Defendant
- Party Name
- Accomplish Marketing Private Ltd.
- Relation
- Corporate entity
- Party Role
- Defendant
- Party Name
- Abdul Gafoor
- Party Age
- 36
- Party Role
- Defendant
- Party Name
- Gopalakrishnan
- Party Age
- 55
- Party Role
- Defendant
- Party Name
- Shiju
- Party Age
- 33
Plaintiffs Documents
Ext.A1 - Agreement dated 1-2-2016
Defendants Documents
Nil
Advocates
Reliefs
Relief Type:
Payment
Outcome:
Granted
Description:
Payment of Rs. 1,30,000 with 6% interest
Evidence:
The suit is decreed as follows: The defendants are directed to pay amount of Rs. 1,30,000 with an interest at the rate of 6% per annum from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Evidence of loan agreement between plaintiff and defendant.
Reference:
Ext.A1
Case Classification
Case Type
Civil Suit - Realization of Money
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Loan default
Case Code
Case between Panayankandi Mohan Das vs Accomplish Marketing Private Ltd. et al regarding money realization
Case Code Year
Case between Panayankandi Mohan Das vs Accomplish Marketing Private Ltd. et al regarding money realization