Case Summary
The plaintiff, Vaikathappan Nidhi Limited, is suing the defendants Anju C and Ansil for non-repayment of a loan. The defendants were given a loan of ₹ 60,000, which they have defaulted on after making partial payments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is allowed to realize the plaint claim of ₹ 68,090 and 9% interest from the defendants.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the loan amount along with interest.
Why Plaintiff Won:
The plaintiff provided unrebutted evidence that the defendants defaulted on repayment.
The plaintiff provided unrebutted evidence that the defendants defaulted on repayment.
Losing Side's Weaknesses:
The plaintiff provided unrebutted evidence that the defendants defaulted on repayment.
The plaintiff provided unrebutted evidence that the defendants defaulted on repayment.
Supporting Evidence
From the unrebutted evidence adduced by the plaintiff’s firm, I hold that the plaintiff is entitled to the relief as prayed for.
Judgment Evidence:
In the result, the suit is decreed with costs as follows: The plaintiff’s firm is allowed to realize the plaint claim of ₹ 68,090 and also to realize 9% interest from the defendants and their assets from the date of the suit ie, 17.08.2024 till realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Vaikathappan Nidhi Limited
- Relation
- represented by Managing Director C.K.Praveen
- Party Role
- Defendant
- Party Name
- Anju C
- Party Age
- 32
- Relation
- W/o Ansil
- Party Role
- Defendant
- Party Name
- Ansil
- Party Age
- 33
- Relation
- S/o Basheer
Plaintiffs Documents
True copy of resolution of Director Board meeting dated 05.01.2024, Original promissory note dated 26.04.2023, Lawyer’s notice dated 29.05.2024, A/D Cards.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- K.G.Pradeepan
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff’s firm is allowed to realize the plaint claim including interest.
Evidence:
The suit is decreed with costs as follows: The plaintiff’s firm is allowed to realize the plaint claim of ₹ 68,090/- (Rupees Sixty Eight Thousand and Ninety only) and also to realize 9% interest from the defendants and their assets from the date of the suit ie, 17.08.2024 till realization.
Documents & Evidence
Document Type:
True copy of resolution of Director Board meeting
Submitted By:
Plaintiff
Relevance:
This document establishes the authority and decision-making capacity of the plaintiff's firm in relation to the loan.
Reference:
Ext.A1
Document Type:
Original promissory note
Submitted By:
Plaintiff
Relevance:
This document is the formal agreement documenting the loan taken by the first defendant.
Reference:
Ext.A2
Document Type:
Lawyer’s Notice
Submitted By:
Plaintiff
Relevance:
This document was issued to demand repayment from the defendants prior to the suit.
Reference:
Ext.A3
Document Type:
A/d Card
Submitted By:
Plaintiff
Relevance:
This document serves as proof of delivery for the lawyer’s notice.
Reference:
Ext.A4
Document Type:
A/d Card
Submitted By:
Plaintiff
Relevance:
This document serves as additional proof of delivery related to the proceedings.
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court Vaikom
Common Reasons
Recovery of money
Case Code
Case between Vaikathappan Nidhi Limited vs Anju C et al regarding realisation of money
Case Code Year
Case between Vaikathappan Nidhi Limited vs Anju C et al regarding realisation of money