Case Summary
The plaintiff, S.Venkateswar Viswanath, is involved in a suit against Ramesh Vishwanathan and his son Rahul Ramesh regarding the recovery of a fixed deposit amount with claimed interest. The plaintiff alleges that the defendants defrauded him under the pretense of managing a legitimate finance institution.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
1,65,000/- with interest at the rate of 6% per annum from the date of suit till the date of realization.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The court found the first defendant liable due to his direct engagement with the plaintiff in accepting the fixed deposit.
The court found the first defendant liable due to his direct engagement with the plaintiff in accepting the fixed deposit.
Judgment Evidence:
In the result, the suit is decreed in part as follows, 1) The 1st defendant do pay to the plaintiff the sum of 1,65,000/- with interest thereon at the rate of 6% per annum from the date of the suit till the date of realization of the said sum.
Parties Involved
Plaintiffs
S.Venkateswar Viswanath (26 years years)
39/4696, Sree Nivas, Ramaswamy Colony, Near Manorama Junction, Panampilly Nagar, Panampilly nagar S.O, Ernakulam, Pin – 682 036
Defendants
Ramesh Vishwanathan (57 years years)
DVRA 12 Bansuri, 1st Avenue, Divine village, I.M.G. Junction, Kakkanad, Ernakulam, Pin – 682 030
Rahul Ramesh (40 years years)
DVRA 12, Bansuri, 1st Avenue, Divine village, I.M.G Junction, Kakkanad, Ernakulam, Pin – 682 030
Reliefs
Relief Type:
Recovery
Outcome:
Partly Granted
Description:
The plaintiff sought the return of the principal amount along with interest.
Evidence:
The 1st defendant is found liable to repay the amount deposited by the plaintiff with interest as promised.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff sought costs of the suit.
Evidence:
Hence, the issue as to costs is answered in favour of the plaintiff.
Documents & Evidence
Document Type:
Printout copy of the webpage of Ministry of Corporate Affairs showing the details of 'Upayog Nidhi Limited' company
Submitted By:
Plaintiff
Relevance:
Marked subject of production of certificate under Section 65B of the Indian Evidence Act, since it was a printout.
Reference:
Ext.A1
Document Type:
Certified copy of the fixed deposit receipt
Submitted By:
Plaintiff
Relevance:
Produced and marked as evidence of the amount deposited by the plaintiff.
Reference:
Ext.A2