Case Summary
The case involves SECUREPRIME NIDHI Ltd. as the plaintiff company seeking the recovery of a loan amount owed by the defendants. The defendants defaulted on their payment obligations regarding the loan they received.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
An amount of Rs.2,29,526 with 9% future interest per annum and costs of the suit.
Case Type
Civil Suit
Final Judgment
No
The court decreed that the defendants are jointly and severally liable to pay the plaintiff an amount of Rs.2,29,526 with 9% future interest per annum from the date of the suit until the decree is satisfied.
Why Plaintiff Won:
The unchallenged proof affidavit and documents provided satisfactory evidence to prove the plaintiff's claims.
The unchallenged proof affidavit and documents provided satisfactory evidence to prove the plaintiff's claims.
Losing Side's Weaknesses:
The unchallenged proof affidavit and documents provided satisfactory evidence to prove the plaintiff's claims.
The unchallenged proof affidavit and documents provided satisfactory evidence to prove the plaintiff's claims.
Supporting Evidence
The unchallenged proof affidavit and documents would satisfactorily prove the plaint claim. So, a decree can rightly be passed as prayed for.
Judgment Evidence:
In the result, 1. The suit is decreed directing the defendants jointly and severally to pay an amount of Rs.2,29,526 with 9% future interest per annum from the date of suit (ie, from 19.10.2023) till the date of decree.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- SECUREPRIME NIDHI Ltd.
- Party Role
- Defendant
- Party Name
- Subhadra P.T
- Party Age
- 43
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Deepa M.T
- Party Age
- 38
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Silpa Ramesh
- Party Age
- 22
- Relation
- D/o
Plaintiffs Documents
Photocopy of Specific Power of Attorney, Original agreement for personal loan, True copy of account statement, True copy of legal notice to 1st defendant, True copy of legal notice to 2nd defendant, True copy of legal notice to 3rd defendant, Returned registered cover issued to the 1st defendant, Returned registered cover issued to the 2nd defendant, Original AD Card, Original promissory note executed by the defendant in favour of the plaintiff company, Original security delivery letter executed by the defendant.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Rekha K.B
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- K.A.Benny
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- S.Unnikrishnan
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Decreeing the defendants jointly and severally to pay an amount of Rs.2,29,526/- with 9% future interest.
Evidence:
The suit is decreed directing the defendants jointly and severally to pay an amount of Rs.2,29,526/-(Rupees two lakhs twenty nine thousand five hundred and twenty six only) with 9% future interest per annum from the date of suit ( ie, from 19.10.2023) till the date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
Entitlement to costs of the suit.
Evidence:
The plaintiff is entitled to costs of the suit.
Documents & Evidence
Document Type:
Power of Attorney
Submitted By:
Plaintiff
Relevance:
Photocopy of Specific Power of Attorney.
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original agreement for personal loan.
Reference:
Ext.A2
Document Type:
Account Statement
Submitted By:
Plaintiff
Relevance:
True copy of account statement.
Reference:
Ext.A3
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
True copy of legal notice to 1st defendant.
Reference:
Ext.A4
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
True copy of legal notice to 2nd defendant.
Reference:
Ext.A5
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
True copy of legal notice to 3rd defendant.
Reference:
Ext.A6
Document Type:
Registered Cover
Submitted By:
Plaintiff
Relevance:
Returned registered cover issued to the 1st defendant.
Reference:
Ext.A7
Document Type:
Registered Cover
Submitted By:
Plaintiff
Relevance:
Returned registered cover issued to the 2nd defendant.
Reference:
Ext.A8
Document Type:
AD card
Submitted By:
Plaintiff
Relevance:
Original AD Card.
Reference:
Ext.A9
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Original promissory note executed by the defendant in favour of the plaintiff company.
Reference:
Ext.A10
Document Type:
Security Delivery Letter
Submitted By:
Plaintiff
Relevance:
Original security delivery letter executed by the defendant.
Reference:
Ext.A11
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Recovery of money
Case Code
Case between SECUREPRIME NIDHI Ltd. vs Subhadra P.T, Deepa M.T et al regarding recovery of money
Case Code Year
Case between SECUREPRIME NIDHI Ltd. vs Subhadra P.T, Deepa M.T et al regarding recovery of money