Case Summary
The plaintiff, Vaikathappan Nidhi Ltd., represented by its Managing Director C.K.Praveen, claims that the defendants defaulted on the repayment of a loan of Rs.35,000/- which was sanctioned for self-employment. The plaintiff is seeking to recover the outstanding balance with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff's firm is allowed to realize the plaint claim of Rs.6,498/- and also to realize 9% interest from the defendants from the date of the suit until realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the claimed amount from the defendants.
Why Plaintiff Won:
The court found the evidence adduced by the plaintiff's firm unrebuffed and adequate to support the claims.
The court found the evidence adduced by the plaintiff's firm unrebuffed and adequate to support the claims.
Losing Side's Weaknesses:
The court found the evidence adduced by the plaintiff's firm unrebuffed and adequate to support the claims.
The court found the evidence adduced by the plaintiff's firm unrebuffed and adequate to support the claims.
Supporting Evidence
From the un rebutted 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 Rs.6,498/- (Six Thousand Four Hundred and Ninety Eight Only) and also to realize 9% interest from the defendants and their assets from the date of the suit ie, 03.07.2023 till realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Vaikathappan Nidhi Ltd.
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Neha Devaraj
- Party Age
- 28
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Majeesh.T.M.
- Party Age
- 39
- Relation
- S/o
Plaintiffs Documents
Certified copy of resolution of Director Board meeting dated 05.01.2024, Original promissory note dated 19.07.2022, Office copy of lawyer's notice dated 22.01.2024, Returned unclaimed notice with A/D card of the 1st defendant, Returned unclaimed notice with A/D card of the 2ⁿᵈ defendant.
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 of Rs.6,498/- and also seek interest.
Evidence:
I hold that the plaintiff is entitled to the relief as prayed for.
Documents & Evidence
Document Type:
Certified copy of resolution of Director Board meeting
Submitted By:
Plaintiff
Relevance:
Established the authority of the plaintiff to file the suit.
Reference:
Ext.A1
Document Type:
Original promissory note
Submitted By:
Plaintiff
Relevance:
Served as the proof of loan agreement between the parties.
Reference:
Ext.A2
Document Type:
Office Copy of Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Demonstrated that the plaintiff had sought to recover the loan amount.
Reference:
Ext.A3
Document Type:
Returned unclaimed notice with A/D card of the 1st defendant
Submitted By:
Plaintiff
Relevance:
Showed that the notice was sent to the 1st defendant but was not accepted.
Reference:
Ext.A4
Document Type:
Returned unclaimed notice with A/D card of the 2nd defendant
Submitted By:
Plaintiff
Relevance:
Demonstrated an effort to contact the 2nd defendant regarding the loan.
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
Non-payment of rent
Case Code
Case between Vaikathappan Nidhi Ltd. vs Neha Devaraj et al regarding realisation of money.
Case Code Year
Case between Vaikathappan Nidhi Ltd. vs Neha Devaraj et al regarding realisation of money.