Case Summary
M/s. Calsun Finserve Pvt. Ltd. is a financial company that loaned Suneesh Kumar T. an amount of Rs.16,200. The defendant defaulted on repayment, leading to this suit for recovery of the loan amount along with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant shall pay an amount of Rs.21,221/- with interest.
Case Type
Civil Suit
Final Judgment
No
The court found in favor of the plaintiff and decreed that the defendant must pay Rs.21,221 along with specified interest until realization.
Why Plaintiff Won:
The plaintiff successfully proved the case with unchallenged documentary evidence.
The plaintiff successfully proved the case with unchallenged documentary evidence.
Losing Side's Weaknesses:
The plaintiff successfully proved the case with unchallenged documentary evidence.
The plaintiff successfully proved the case with unchallenged documentary evidence.
Supporting Evidence
The evidence of PW1, supported by the documentary evidence, stands unchallenged. As such this court finds that the plaintiff has succeeded to prove his case.
Judgment Evidence:
In the result, the suit is decreed as follows: A) The defendant shall pay an amount of Rs.21,221/- to the plaintiff with interest at the rate of 12% per annum from the date of suit till the date of decree and with future interest at the rate of 6% from the date of decree till realization of decree amount.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- M/s. Calsun Finserve Pvt. Ltd.
- Party Role
- Defendant
- Party Name
- Suneesh Kumar T.
- Party Age
- 41
- Relation
- S/o
Plaintiffs Documents
Copy of certificate of Incorporation, Copy of money lending licence, True extract of the minutes of the meeting, Loan application submitted by the defendant, Pronote executed by the defendant, Copy of EMI Account ledger, Certificate of the money lender, Copy of lawyer notice.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt. Susina M.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant shall pay an amount of Rs.21,221/- to the plaintiff with interest.
Evidence:
In the result, the suit is decreed as follows: A) The defendant shall pay an amount of Rs.21,221/- (Rupees twenty one thousand two hundred and twenty one only) to the plaintiff with interest at the rate of 12% per annum from the date of suit till the date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff shall be entitled to realise the costs of the suit.
Evidence:
B) The plaintiff shall be entitled to realise the costs of the suit.
Documents & Evidence
Document Type:
Copy of certificate of Incorporation
Submitted By:
Plaintiff
Relevance:
Proves the incorporation of the plaintiff company.
Reference:
Ext.A1
Document Type:
Copy of money lending licence
Submitted By:
Plaintiff
Relevance:
Validates the plaintiff's authority to lend money.
Reference:
Ext.A2
Document Type:
True extract of the minutes of the meeting
Submitted By:
Plaintiff
Relevance:
Demonstrates the legitimacy of the plaintiff's operations.
Reference:
Ext.A3
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Details the loan issued to the defendant.
Reference:
Ext.A4
Document Type:
Pronote executed
Submitted By:
Plaintiff
Relevance:
Serves as evidence of the borrowing agreement.
Reference:
Ext.A5
Document Type:
Copy of EMI Account ledger
Submitted By:
Plaintiff
Relevance:
Shows the payment history related to the loan.
Reference:
Ext.A6
Document Type:
Certificate of the money lender
Submitted By:
Plaintiff
Relevance:
Confirms the plaintiff's status as a registered money lender.
Reference:
Ext.A7
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Documents the demand for repayment sent to the defendant.
Reference:
Ext.A8
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 1 Kozhikode
Common Reasons
Non-payment of rent
Case Code
Case between M/s. Calsun Finserve Pvt. Ltd. vs Suneesh Kumar T. regarding realisation of money
Case Code Year
Case between M/s. Calsun Finserve Pvt. Ltd. vs Suneesh Kumar T. regarding realisation of money