Case Summary
Plaintiff filed suit against defendants for the realization of Rs. 1,30,000 representing 50 grams of gold taken as an investment in the jewelry business.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 1,30,000 with 6% interest
Case Type
Civil Suit - Realization of money
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved the case by providing cogent and reliable evidence of the loan and default by the defendants.
The plaintiff proved the case by providing cogent and reliable evidence of the loan and default by the defendants.
Judgment Evidence:
The suit is decreed as follows: The defendants are directed to pay amount of Rs. 1,30,000 with an interest at the rate of 6% per annum from the date of suit till the date of realization. The defendants shall pay costs of the suit.
Parties Involved
Plaintiffs
Panayankandi Mohan Das (50 years)
Ariyallur amsom, Thirurangadi Taluk
Defendants
Accomplish Marketing Private Ltd. (Age not specified years)
Tirur Taluk, Tirur amsom, Kott desom, Mavumkunnu, Tirur.
Abdul Gafoor (36 years)
Mavum Kunnu, Tirur amsom, Kott desom
Gopalakrishnan (55 years)
Mavum Kunnu, Tirur amsom, Kott desom
Shiju (33 years)
Keraladheeswarapuram amsom, desom
Reliefs
Relief Type:
Payment
Outcome:
Granted
Description:
Payment of Rs. 1,30,000 with 6% interest
Evidence:
The suit is decreed as follows: The defendants are directed to pay amount of Rs. 1,30,000 with an interest at the rate of 6% per annum from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Evidence of loan agreement between plaintiff and defendant.
Reference:
Ext.A1