Case Summary
The plaintiff filed a suit against the defendants, a business group, for the recovery of Rs.1,00,000 lent for business expansion purposes, as the defendants failed to repay the amount within the agreed time frame.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs.1,00,000 with 6% interest and costs
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved the case through cogent and reliable evidence, as the defendant failed to repay the loan despite repeated demands.
The plaintiff proved the case through cogent and reliable evidence, as the defendant failed to repay the loan despite repeated demands.
Judgment Evidence:
The suit is decreed as follows: I. Defendant is hereby directed to pay the plaintiff an amount of Rs.1,00,000/- (Rupees one lakh only) with an interest at 6% per annum from the date of suit till the date of realisation. II. The defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Plaintiffs
Panayankandi Mohan Das (50 years)
Ariyallur amsom desom, Thirurangadi Taluk
Defendants
Accomplish Marketing Private Ltd. (Age not specified years)
Tirur Taluk, Mavumkunnu, Tirur
Abdul Gafoor (36 years)
Mavum Kunnu, Tirur amsom, Kott desom
Sanil (30 years)
Mavumkunnu, Tirur amsom, Kott desom
Gopalakrishnan (55 years)
Mavum Kunnu, Tirur amsom, Kott desom
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Payment of Rs.1,00,000 with 6% interest and costs
Evidence:
The plaintiff proved the case through cogent and reliable evidence, as the defendant failed to repay the loan despite repeated demands.
Documents & Evidence
Document Type:
Karar
Submitted By:
Plaintiff
Relevance:
Karar dated 12-11-2015
Reference:
A1