Case Summary
M/s. Deedi Financial Services Private Limited, a non-banking finance company, filed a suit against Manoj.G.T. for the recovery of a loan amount due to non-payment. The defendant failed to appear in court, leading to a judgment in favor of the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Rs. 59,104 with interest at the rate of 6% per annum from the date of suit till date of realization
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendant to pay Rs. 59,104 with interest at the rate of 6% per annum. The defendant's failure to appear in court contributed to this decision.
Why Plaintiff Won:
The plaintiff's unchallenged evidence proved its case and established the defendant's liability.
The plaintiff's unchallenged evidence proved its case and established the defendant's liability.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
Plaintiff's unchallenged evidence proved its case and it is entitled to a decree to realise the amount from the defendant.
Judgment Evidence:
In the result, the suit is decreed with costs and defendant shall pay an amount of Rs. 59,104 /- (Rupees Fifty Nine thousand One hundred and Four only) to the plaintiff with interest at the rate of 6% per annum for the principal amount from the date of suit till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- M/s. Deedi Financial Services Private Limited
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Manoj.G.T.
- Party Age
- 31
- Relation
- S/o
Plaintiffs Documents
Original loan application dated 25.02.2021, Original loan agreement along with demand promissory note dated 25.02.2021, Copy of notice dated 03.10.2022, Copy of notice dated 10.05.2023, Original postal receipt to the notice dated 10.05.2023, Original registered cover returned unclaimed dated 10.05.2023, Certified copy of statement of accounts, Extract of the Minutes of the meeting of Board of Directors of the plaintiff company dated 13.12.2019
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. James Ninan
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover Rs. 59,104/- from the defendant.
Evidence:
Thus, the suit is decreed with costs and defendant shall pay an amount of Rs. 59,104 /- (Rupees Fifty Nine thousand One hundred and Four only) to the plaintiff with interest at the rate of 6% per annum for the principal amount from the date of suit till date of realization.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application dated 25.02.2021.
Reference:
Ext.A1
Document Type:
Loan Agreement and Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Original loan agreement along with demand promissory note dated 25.02.2021.
Reference:
Ext.A2 series
Document Type:
Notice
Submitted By:
Plaintiff
Relevance:
Copy of notice dated 03.10.2022.
Reference:
Ext.A3
Document Type:
Notice
Submitted By:
Plaintiff
Relevance:
Copy of notice dated 10.05.2023.
Reference:
Ext.A4
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Original postal receipt to the notice dated 10.05.2023.
Reference:
Ext.A5
Document Type:
Registered Cover
Submitted By:
Plaintiff
Relevance:
Original registered cover returned unclaimed dated 10.05.2023.
Reference:
Ext.A6
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Certified copy of statement of accounts.
Reference:
Ext.A7
Document Type:
Board Meeting Minutes
Submitted By:
Plaintiff
Relevance:
Extract of the Minutes of the meeting of Board of Directors of the plaintiff company dated 13.12.2019.
Reference:
Ext.A8
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Recovery of money
Case Code
Case between M/s. Deedi Financial Services Private Limited vs Manoj.G.T. regarding realization of money
Case Code Year
Case between M/s. Deedi Financial Services Private Limited vs Manoj.G.T. regarding realization of money
Case Flags
Cheque-Related Case
Nature of Cheque Case
Cheque Dishonour under Section 138 N.I. Act