Case Summary
M/s. Calsun Finserve Pvt. Ltd. is seeking to recover a loan amount from Vijayalakshmi C. The defendant defaulted on repayment, prompting the plaintiff to file this suit.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant shall pay an amount of Rs.15,251/- with interest at the rate of 6% p.a from 02.08.2024 till realisation.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff, ordering the defendant to pay the loan amount with interest.
Why Plaintiff Won:
The plaintiff provided adequate evidence to prove the case and entitlement to the amount claimed.
The plaintiff provided adequate evidence to prove the case and entitlement to the amount claimed.
Losing Side's Weaknesses:
The plaintiff provided adequate evidence to prove the case and entitlement to the amount claimed.
The plaintiff provided adequate evidence to prove the case and entitlement to the amount claimed.
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 and he is entitled to a decree as prayed for.
Judgment Evidence:
In the result, the suit is decreed as follows: A) The defendant shall pay an amount of Rs.15,251/- (Rupees fifteen thousand two hundred and fifty one only) to the plaintiff with interest at the rate of 6% p.a from 02.08.2024 till realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- M/s. Calsun Finserve Pvt. Ltd.
- Party Role
- Defendant
- Party Name
- Vijayalakshmi C.
- Party Age
- 55
- Relation
- D/o
Plaintiffs Documents
True copy of Certificate of Incorporation, Money Lending License, Loan application, Promissory note, EMI Account ledger, Loan account details.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt. Susina A.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. P.V. Mohammed Shahid
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff to recover Rs.15,251/- with interest.
Evidence:
The defendant shall pay an amount of Rs.15,251/- (Rupees fifteen thousand two hundred and fifty one only) to the plaintiff with interest at the rate of 6% p.a from 02.08.2024 till realisation.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff entitled to realize the costs of the suit.
Evidence:
Cost of the suit shall follow the event.
Documents & Evidence
Document Type:
True copy of Certificate of Incorporation
Submitted By:
Plaintiff
Relevance:
Establishing the plaintiff company's legal status.
Reference:
Ext.A1
Document Type:
True copy of Money Lending License
Submitted By:
Plaintiff
Relevance:
Showing the authorization under which the plaintiff operates.
Reference:
Ext.A2
Document Type:
Extract of minutes of meeting
Submitted By:
Plaintiff
Relevance:
Documenting the appointment of the Authorized Signatory.
Reference:
Ext.A3
Document Type:
Loan Application and Sanction Report
Submitted By:
Plaintiff
Relevance:
Supporting the existence of the loan and its terms.
Reference:
Ext.A4
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Evidence of the borrower's commitment to repay the loan.
Reference:
Ext.A5
Document Type:
EMI Account Ledger
Submitted By:
Plaintiff
Relevance:
Detailing the financial transactions related to the loan.
Reference:
Ext.A6
Document Type:
Loan account details as per Kerala Money Lenders Rules
Submitted By:
Plaintiff
Relevance:
Compliance with regulatory documentation for money lending.
Reference:
Ext.A7
Document Type:
True copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Indicating the legal 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
Recovery of money
Case Code
Case between M/s. Calsun Finserve Pvt. Ltd. vs Vijayalakshmi C. regarding realisation of money
Case Code Year
Case between M/s. Calsun Finserve Pvt. Ltd. vs Vijayalakshmi C. regarding realisation of money