Case Summary
SML Finance Ltd. filed a suit against Muhammed Afsal and Hydru for the realization of a loan amount for a Honda Deo vehicle based on a hire purchase agreement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of loan amount with interest and costs
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed in favor of the plaintiff, allowing the realization of the loan amount with interest and costs from the defendants.
Why Plaintiff Won:
The plaintiff proved its case through cogent and reliable evidence.
The plaintiff proved its case through cogent and reliable evidence.
Losing Side's Weaknesses:
The plaintiff proved its case through cogent and reliable evidence.
The plaintiff proved its case through cogent and reliable evidence.
Supporting Evidence
The plaintiff has proved its case by adducing cogent and reliable evidence and is entitled to get a decree as prayed for.
Judgment Evidence:
In the result, the suit is decreed as follows:- Plaintiff is allowed to realize an amount of Rs.20,464/- with interest at the rate of 6 % per annum from the date of suit till realisation from the defendants and their assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- SML Finance Ltd.
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Muhammed Afsal
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Hydru
- Relation
- S/o
Plaintiffs Documents
Ext.A1: 06-03-2013: Hire Purchase Agreement
Defendants Documents
Not available
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt. K.Beena
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Realization of loan amount with interest and costs
Evidence:
The plaintiff proved its case by adducing cogent and reliable evidence and is entitled to get a decree as prayed for.
Documents & Evidence
Document Type:
Hire Purchase Agreement
Submitted By:
Plaintiff
Relevance:
To establish the terms of the loan transaction.
Reference:
Ext.A1
Case Classification
Case Type
Civil Suit - Money Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Case Code
Case between SML Finance Ltd. vs Muhammed Afsal et al regarding loan realization
Case Code Year
Case between SML Finance Ltd. vs Muhammed Afsal et al regarding loan realization