Case Summary
Plaintiff, a finance company, filed suit against defendants for non-repayment of loan amount availed based on a hire purchase agreement for a vehicle.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Loan amount recovery with interest and costs
Case Type
Civil Suit - Loan Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
In the result, the suit is decreed as follows: Plaintiff is allowed to realize an amount of Rs.82,579/- with interest at the rate of 6% per annum from the date of suit till realization from the defendants and their assets.
Parties Involved
Plaintiffs
SML Finance Limited (Age not specified years)
Badhani Complex, Thrissur Road, Kunnamkulam
Defendants
Sameer (Age not specified years)
Thadathil House, Thunjan Parambu, Tirur Post. PIN 676 101
Muhammed Mikdad (Age not specified years)
Kizhakkiniyakath House, Thunjan Parambu, Tirur Post. PIN 676 101
Reliefs
Relief Type:
Loan Recovery
Outcome:
Granted
Description:
Recovery of loan amount with interest and costs
Evidence:
In the result, the suit is decreed as follows: Plaintiff is allowed to realize an amount of Rs.82,579/- with interest at the rate of 6% per annum from the date of suit till realization from the defendants and their assets.
Documents & Evidence
Document Type:
Hire Purchase Agreement
Submitted By:
Plaintiff
Relevance:
Marked as evidence supporting plaintiff's claim for loan recovery.
Reference:
Ext.A1