Case Summary
SML Finance Ltd. filed a suit against Muhammed Afsal and Hydru for the realization of a loan amount for a Honda Deo vehicle based on a hire purchase agreement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of loan amount with interest and costs
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved its case through cogent and reliable evidence.
The plaintiff proved its case through cogent and reliable evidence.
Judgment Evidence:
In the result, the suit is decreed as follows:- Plaintiff is allowed to realize an amount of Rs.20,464/- 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 Ltd. (Age not specified years)
Badhani Complex, Thrissur Road, Kunnamkulam
Defendants
Muhammed Afsal (Age not specified years)
Konnakkattil House, Vadakkumbram Post, Valanchery (Via.)
Hydru (Age not specified years)
Konnakkattil House, Vadakkumbram Post, Valanchery (Via.)
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Realization of loan amount with interest and costs
Evidence:
The plaintiff proved its case by adducing cogent and reliable evidence and is entitled to get a decree as prayed for.
Documents & Evidence
Document Type:
Hire Purchase Agreement
Submitted By:
Plaintiff
Relevance:
To establish the terms of the loan transaction.
Reference:
Ext.A1