Case Summary
SML Finance Limited filed a suit against the defendants for the recovery of loan amount along with interest and charges under a hire purchase agreement for a motorcycle.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of loan amount with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved its case by adducing cogent and reliable evidence as the defendants remained ex-parte.
The plaintiff proved its case by adducing cogent and reliable evidence as the defendants remained ex-parte.
Judgment Evidence:
In the result, the suit is decreed as follows: Plaintiff is allowed to realise an amount of Rs.32,474/- with interest at the rate of 6% per annum from the date of suit till realisation from the defendants and their assets.
Parties Involved
Plaintiffs
SML Finance limited (Age not specified years)
Badhani Complex, Trissur Road, Kunnamkulam
Defendants
Rafeekh (Age not specified years)
Ammayath House, Near Kattilangadi Orphanage, Post Kurambathur, Via Thirunnavaya
Ibrahim (Age not specified years)
Ammayath House, Near Kattilangadi Orphanage, Post Kurambathur, Via Thirunnavaya
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recovery of loan amount with interest
Evidence:
The court decreed in favor of the plaintiff, allowing the recovery of Rs. 32,474 with interest and costs from the defendants.
Documents & Evidence
Document Type:
Hire Purchase Agreement
Submitted By:
Plaintiff
Relevance:
Proof of hire purchase agreement between the parties.
Reference:
Exhibit A1