Case Summary
Ferok Nidhi Limited is the plaintiff company claiming Rs.41,953/- from the defendant Amrutha, who defaulted on a loan of Rs.20,000/- borrowed with agreed interest. The court found the defendant liable as she did not appear in court.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff shall be entitled to realize Rs.20,000/- with interest at 9% from 20.09.2022 until the date of decree.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff for the amount borrowed along with reduced interest and costs.
Why Plaintiff Won:
The court found that the plaintiff proved their case through unchallenged testimony and appropriate documents.
The court found that the plaintiff proved their case through unchallenged testimony and appropriate documents.
Losing Side's Weaknesses:
The court found that the plaintiff proved their case through unchallenged testimony and appropriate documents.
The court found that the plaintiff proved their case through unchallenged testimony and appropriate documents.
Supporting Evidence
The case of the plaintiff that the defendant had borrowed Rs.20,000/- from them and executed agreement is proved by the unchallenged testimony of the PW1 and the documents tendered in evidence.
Judgment Evidence:
In the result, 1.The plaintiff shall be entitled to realize Rs.20,000/- (Rupees Twenty thousand only) from the defendant with interest at the rate of 9 per cent from 20.09.2022 till date of decree and with future interest at the rate of 6 per cent from the date of decree till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Ferok Nidhi Limited
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Amrutha
- Party Age
- 36
- Relation
- W/o
Plaintiffs Documents
Loan application dated 20.09.2022, Loan agreement dated 20.09.2022
Defendants Documents
Advocates
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff shall be entitled to realize Rs.20,000/- from the defendant with interest.
Evidence:
The plaintiff shall be entitled to realize Rs.20,000/- (Rupees Twenty thousand only) from the defendant with interest at the rate of 9 per cent from 20.09.2022 till date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
The defendant shall pay costs of the proceedings to the plaintiff.
Evidence:
The defendant shall pay costs of the proceedings to the plaintiff.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The loan application was produced as evidence to establish that the defendant borrowed Rs.20,000/- from the plaintiff.
Reference:
Ext.A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
The loan agreement was provided to verify the terms of the loan and the repayment obligation of the defendant.
Reference:
Ext.A2
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Non-payment of Loan
Case Code
Case between Ferok Nidhi Limited vs Amrutha regarding realization of money.
Case Code Year
Case between Ferok Nidhi Limited vs Amrutha regarding realization of money.