Case Summary
The plaintiff, Pratheeksha Kuries and Investments Pvt Ltd., is seeking to recover money from the defendants, Joy P.P and Paul M.V, due to their default in payments under a chit fund agreement. The defendants have contested the suit, claiming that the plaintiff lacks legal standing.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants ordered to pay ₹2,06,632 with 9% interest per annum
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff successfully proved the existence of a legal obligation and default by the defendants.
The plaintiff successfully proved the existence of a legal obligation and default by the defendants.
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 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 Parur P.O, Ernakulam District, Pin – 683 513
Paul M.V (55 years years)
Mechery veetil, North Parur, Ernakulam District, Pin – 683 513
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff sought recovery of the amount due from the defendants.
Evidence:
The suit is decreed directing the defendants to pay an amount of 2,06,632/- (Rupees Two Lakhs Six Thousand 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:
Plaintiff is entitled to recover costs of the litigation.
Evidence:
The plaintiff is also entitled to the costs of the litigation.
Documents & Evidence
Document Type:
Resolution
Submitted By:
Plaintiff
Relevance:
Authorized N.V.Saseendran to conduct the case.
Reference:
Ext.A1
Document Type:
Chitty Surety agreement
Submitted By:
Plaintiff
Relevance:
Executed by the defendants for the chit transaction.
Reference:
Ext.A2
Document Type:
Receipt
Submitted By:
Plaintiff
Relevance:
Signed by the defendants to acknowledge the transaction.
Reference:
Ext.A3
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Office copy of the lawyer notice issued to the defendants demanding payment.
Reference:
Ext.A4
Document Type:
Returned Legal Notice
Submitted By:
Plaintiff
Relevance:
Returned legal notice along with acknowledgment card.
Reference:
Ext.A5