Case Summary
Pratheeksha Kuries and Investments Pvt. Ltd. filed a suit against Joy P.P and Paul M.V for recovery of dues under a chit scheme. The defendants defaulted on payments despite executing necessary documents.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants are directed to pay ₹2,06,632 with 9% interest per annum.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unchallenged proof affidavit and documents demonstrated the defendants' liability.
The unchallenged proof affidavit and documents demonstrated the defendants' liability.
Judgment Evidence:
In the result, The suit is decreed directing the defendants to pay an amount of ₹2,06,632/- (Rupees Two Lakhs Six thousand and Six Hundred and Thirty Two only) with 9% interest per annum from the date of suit till the date of decree.
Parties Involved
Plaintiffs
Pratheeksha Kuries and Investments Pvt. Ltd. (Age not specified years)
5th floor, Marine Drive, Ernakulam, Kochi – 682 011
Defendants
Joy P.P (56 years years)
Painadath house, Ezhikkara, Kedamangalam, North Paravur P.O, Ernakulam District, Pin – 683 513
Paul M.V (55 years years)
Mechery Veetil, North Paravur, Ernakulam District, Pin – 683 513
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Decree directing the defendants to pay an amount of ₹2,06,632/- with interest.
Evidence:
The suit is decreed directing the defendants to pay an amount of ₹2,06,632/- (Rupees Two Lakhs Six thousand and Six Hundred and Thirty Two only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
Entitlement to recover litigation costs.
Evidence:
The plaintiff is also entitled for the costs of the litigation.
Documents & Evidence
Document Type:
Resolution
Submitted By:
Plaintiff
Relevance:
Board resolution of the Plaintiff society related to the case.
Reference:
Ext.A1
Document Type:
Chitty Surety agreement
Submitted By:
Plaintiff
Relevance:
Surety agreement executed by the defendants to guarantee payments.
Reference:
Ext.A2
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Promissory note issued by the defendants in favor of the plaintiff.
Reference:
Ext.A3
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Office copy of the notice issued by the plaintiff to the defendants for payment.
Reference:
Ext.A4
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Postal receipt related to the service of the lawyer's notice.
Reference:
Ext.A5