Case Summary
Plaintiff filed suit against defendants seeking realization of money loaned to the business group Accomplishing Business Market Private Limited for expansion of gold business.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 3,00,000 with 6% interest per annum
Case Type
Civil Suit - Money Realization
Final Judgment
No
The court decreed that defendants must pay the plaintiff Rs. 3,00,000 with 6% interest per annum for non-repayment of a loan.
Why Plaintiff Won:
The plaintiff proved his case by cogent and reliable evidence showing the non-repayment of the loan by the defendants.
The plaintiff proved his case by cogent and reliable evidence showing the non-repayment of the loan by the defendants.
Losing Side's Weaknesses:
The plaintiff proved his case by cogent and reliable evidence showing the non-repayment of the loan by the defendants.
The plaintiff proved his case by cogent and reliable evidence showing the non-repayment of the loan by the defendants.
Supporting Evidence
According to PW1 the defendant institution is a business group established under Accomplishing Business Market Privet Limited...
Judgment Evidence:
The suit is decreed as follows: I. Defendant is hereby directed to pay the Plaintiff Bank an amount of Rs. 3,00,000/- (Rupees Three lakh only) with an interest at 6% per annum from the date of the suit till the date of realisation. II. The defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Ullattil Gopinath
- Party Age
- 68
- Relation
- S/o. Govindan Kutty Menon
- Party Role
- Defendant
- Party Name
- Accomplish Marketing Company(Pvt) Ltd
- Relation
- represented by Managing Director
- Party Role
- Defendant
- Party Name
- M. Jayachandran
- Party Age
- 36
- Relation
- S/o. Muthiyeri Vasu, Managing Director, Accomplish Marketing Company(PVT). Ltd
- Party Role
- Defendant
- Party Name
- Kalambakkalakath Abdul Gafoor
- Party Age
- 36
- Relation
- S/o. Koya, Director, Accomplish Marketing Company(Pvt) Ltd
- Party Role
- Defendant
- Party Name
- Gopalakrishnan
- Party Age
- 55
- Relation
- S/o. Sukumaran Unni, Director Accomplish Marketing Company (Pvt) Ltd
- Party Role
- Defendant
- Party Name
- Pushparajan
- Party Age
- 40
- Relation
- S/o. Kumaran
Plaintiffs Documents
Agreement dated 23-03-2016 (Ext.A1), Agreement dated 09-04-2016 (Ext.A2)
Defendants Documents
Not available
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.K.A.Padmakumar
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Money Realization
Outcome:
Granted
Description:
Payment of Rs. 3,00,000 with 6% interest per annum
Evidence:
The suit is decreed as follows: I. Defendant is hereby directed to pay the Plaintiff Bank an amount of Rs. 3,00,000/- (Rupees Three lakh only) with an interest at 6% per annum from the date of the suit till the date of realisation.
Documents & Evidence
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Marked as evidence of loan agreement dated 23-03-2016
Reference:
Ext.A1
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Marked as evidence of loan agreement dated 09-04-2016
Reference:
Ext.A2
Case Classification
Case Type
Civil Suit - Money Realization
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Case Code
Case between Ullattil Gopinath vs Accomplish Marketing Company(Pvt) Ltd et al regarding money realization
Case Code Year
Case between Ullattil Gopinath vs Accomplish Marketing Company(Pvt) Ltd et al regarding money realization