Case Summary
The case involves B.R.D. Securities Ltd. suing the defendants for failure to repay a loan obtained through a hire purchase agreement for a Bajaj Pulsar vehicle. Despite defendants' default, no possession of the vehicle was taken, leading to the suit for the recovery of the outstanding loan amount.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realisation of Rs.87,671/- with interest and costs
Case Type
Money Realisation Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff successfully proved their case through cogent and reliable evidence, including the hire purchase agreement and resolutions authorizing their representative's actions.
The plaintiff successfully proved their case through cogent and reliable evidence, including the hire purchase agreement and resolutions authorizing their representative's actions.
Judgment Evidence:
Parties Involved
Plaintiffs
B.R.D. Securities Ltd., Branch Office Tirur (Age not specified years)
...
Defendants
Nabeesu (68 years)
Kallaraparambil Rayichanakath House, Ponnani PO, Malappuram Dt.
Shareena (35 years)
Anthakadavil House, Ponnani, Malappuram Dt.
Rafi (35 years)
Kallaraparambil Rayichinakath House, Ponnani PO., Malappuram Dt.
Reliefs
Relief Type:
Realisation of money
Outcome:
Granted
Description:
Plaintiff allowed to realise Rs.87,671/- with interest and costs from defendants.
Evidence:
Documents & Evidence
Document Type:
Hire Purchase Agreement
Submitted By:
Plaintiff
Relevance:
Provided basis for the loan agreement between plaintiff and defendants.
Reference:
A1
Document Type:
Abstract of Minutes of Board Meeting
Submitted By:
Plaintiff
Relevance:
Documented relevant resolutions in support of plaintiff's claim.
Reference:
A2
Document Type:
Certificate of Incorporation
Submitted By:
Plaintiff
Relevance:
Established the legal standing and existence of the plaintiff company.
Reference:
A3