Case Summary
Plaintiff Dharmman lent Rs.3,00,000 to defendant Sakkariya for business expansion, but the defendant failed to repay resulting in a lawsuit for the amount along with interest and costs.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 4,06,817 with 6% interest per annum and costs to the plaintiff
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided cogent and reliable evidence establishing the defendant's failure to repay the borrowed amount.
The plaintiff provided cogent and reliable evidence establishing the defendant's failure to repay the borrowed amount.
Judgment Evidence:
In the result the suit is decreed as follows: - I. Defendant is directed to pay an amount of Rs. 4,06,817/-( Rupees four lakh six thousand eight hundred and seventeen only) with interest at the rate of 6% per annum from the date of suit till the date of realisation. II. Defendant is directed to pay the costs of the suit to the plaintiff.
Parties Involved
Plaintiffs
Dharmman (49 years)
Purathur amsom, & desom, Post Padinharekkara, Tirur Taluk, Pin: 676 562
Defendants
Thandalam Valappil Sakkariya (47 years)
Vettom amsom, Padiyam desom, Post Koottayi, Tirur Taluk, Pin: 676 568
Reliefs
Relief Type:
Payment of Rs. 4,06,817 with 6% interest per annum and costs
Outcome:
Granted
Description:
Plaintiff's claim amount along with interest and costs
Evidence:
In the result the suit is decreed as follows: - I. Defendant is directed to pay an amount of Rs. 4,06,817/-( Rupees four lakh six thousand eight hundred and seventeen only) with interest at the rate of 6% per annum from the date of suit till the date of realisation. II. Defendant is directed to pay the costs of the suit to the plaintiff.
Documents & Evidence
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Documented the loan agreement between the plaintiff and defendant
Reference:
A1: 30-11-2010 : Pronote
Document Type:
Cheque
Submitted By:
Plaintiff
Relevance:
Proof of the dishonored cheque issued by the defendant
Reference:
A2: 06-11-2013 : Cheque No 760999 for Rs. 300000/-
Document Type:
Memo
Submitted By:
Plaintiff
Relevance:
Memo documenting the insufficient funds in the defendant's account for the issued cheque
Reference:
A3: 07-11-2013 : Memo