Case Summary
Plaintiff, a lending company, filed a suit against the defendants seeking repayment of a loan provided for a Bajaj Pulsar vehicle under a hire purchase agreement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money Recovery - Rs.88,342 with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
Plaintiff's evidence remained unchallenged. The plaintiff proved its case with cogent and reliable evidence.
Plaintiff's evidence remained unchallenged. The plaintiff proved its case with cogent and reliable evidence.
Judgment Evidence:
In the result, the suit is decreed as follows:- 1. Plaintiff is allowed to realise an amount of Rs.88,342/- (Rupees Eighty Eight Thousand Three Hundred and Forty Two only) with interest at the rate of 6% per annum from the date of suit till realisation from the defendants and their assets. 2. Plaintiff is entitled to realise the costs of the suit from the defendants.
Parties Involved
Plaintiffs
B.R.D. Securities Ltd., Branch Office Tirur (Age not specified years)
Not mentioned
Defendants
Rafi (45 years)
Kallaraparambil Rayichinakath House, Ponnani PO., Malappuram Dt.
Nabeesu (68 years)
Kallaraparambil Rayichanakath House, Ponnani PO, Malappuram Dt.
Shareena (35 years)
Anthakadavil House, PO. Ponnani, Malappuram Dt.
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recover Rs.88,342 with interest and costs from defendants
Evidence:
In the result, the suit is decreed as follows:- 1. Plaintiff is allowed to realise an amount of Rs.88,342/- (Rupees Eighty Eight Thousand Three Hundred and Forty Two only) with interest at the rate of 6% per annum from the date of suit till realisation from the defendants and their assets. 2. Plaintiff is entitled to realise the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Hire Purchase Agreement
Submitted By:
Plaintiff
Relevance:
Plaintiff's evidence and ownership of the vehicle
Reference:
Ext.A1
Document Type:
Board of Meeting Minutes
Submitted By:
Plaintiff
Relevance:
Plaintiff's internal decision-making process
Reference:
Ext.A2
Document Type:
Certificate of Incorporation
Submitted By:
Plaintiff
Relevance:
Establishing plaintiff's legal status
Reference:
Ext.A3