Case Summary
The plaintiff, Vaikathappan Nidhi Limited, is seeking to recover a loan amount from the defendants who defaulted on repayments. The defendants had taken a loan of ₹50,000 and only partially repaid it, leading to this suit for recovery.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is allowed to realize the claim of ₹52,172 and 9% interest from the defendants.
Case Type
Civil Suit
Final Judgment
No
The court ruled in favor of the plaintiff, allowing the recovery of the loan amount plus interest.
Why Plaintiff Won:
The plaintiff's undisputed evidence and supporting documents established the debt and obligation.
The plaintiff's undisputed evidence and supporting documents established the debt and obligation.
Losing Side's Weaknesses:
The plaintiff's undisputed evidence and supporting documents established the debt and obligation.
The plaintiff's undisputed evidence and supporting documents established the debt and obligation.
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 ₹ 52,172/- (Rupees Fifty Two Thousand One Hundred and Seventy Two only) and also to realize 9% interest from the defendants and their assets from the date of the suit ie, 22.06.2024 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.S
- Party Age
- 37
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Prakash P.S
- Party Age
- 43
- Relation
- S/o
Plaintiffs Documents
True copy of resolution of Director Board meeting dated 05.01.2024, original promissory note dated 25.08.2023, office copy of lawyer’s notice dated 14.03.2024.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- K.G.Pradeepan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Chaithanya K.S
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is allowed to realize the plaint claim of ₹ 52,172/- and also to realize 9% interest from the defendants.
Evidence:
The plaintiff’s firm is allowed to realize the plaint claim of ₹ 52,172/- (Rupees Fifty Two Thousand One Hundred and Seventy Two only) and also to realize 9% interest from the defendants and their assets from the date of the suit ie, 22.06.2024 till realization.
Documents & Evidence
Document Type:
True copy of resolution of Director Board meeting
Submitted By:
Plaintiff
Relevance:
This document was relied upon to establish the case.
Reference:
Ext.A1
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
This document was relied upon to establish the case.
Reference:
Ext.A2
Document Type:
Office copy of Lawyer’s Notice
Submitted By:
Plaintiff
Relevance:
This document was relied upon to establish the case.
Reference:
Ext.A3
Document Type:
A/d card of 1st defendant
Submitted By:
Plaintiff
Relevance:
This document was relied upon to establish the case.
Reference:
Ext.A4
Document Type:
A/d card of 2nd defendant
Submitted By:
Plaintiff
Relevance:
This document was relied upon to establish the case.
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Other Civil Cases
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court Vaikom
Common Reasons
Case Code
Case between Vaikathappan Nidhi Limited vs Anju.S et al regarding realisation of money.
Case Code Year
Case between Vaikathappan Nidhi Limited vs Anju.S et al regarding realisation of money.