Case between Kariyil Surendran vs Accomplish Marketing Company (Pvt) Ltd. et al regarding realization of money

Case Summary

The plaintiff filed a suit against a company and its directors seeking to recover an amount invested in the company's jewelry business, alleging fraud and non-payment of profits.

Judgment Outcome

Plaintiff Won

Interim Order

The court decreed the suit in favor of the plaintiff, ordering the defendants to pay the plaintiff the invested amount along with 12% interest.

Judgment Favored

Plaintiff

Relief Granted

Realization of amount with 12% interest

Case Type

Civil Suit - Money Recovery

Final Judgment

No

Why Plaintiff Won:
The court found in favor of the plaintiff as the plaintiff's case was proved by the Chief Affidavit and Exhibits.

Judgment Evidence:

The suit is decreed as follows; 1. The plaintiff is entitled to realize an amount of Rs. 2,21667 with 12% interest from the date of filing suit till realization of amount. 2. The plaintiff is entitled to get costs for the entire suit proceedings from the defendants and from their assets.

Parties Involved

Plaintiffs

Kariyil Surendran (65 years) Kariyil House, Ariyallur amsom desom & Post, PIN - 676 312. Tirur Taluk

Defendants

Accomplish Marketing Company (Pvt) Ltd. (Age not specified years) Tanur amsom desom, Pariyapuram, Mukkola, Tirur Taluk Abdul Gafoor (36 years) Niramaruthoor amsom, desom & P.O., Tirur Taluk Gopalakrishnan (55 years) Mankulangara Variyam, Ramapuram.P.O., Perinthalmanna Taluk. PIN - 679 350 Dr.Krtty's Health Care (Age not specified years) 2/465 Saleema Hospital Complex, P.O.Thalakkadathur Rep. By its Partner Vellekkattu Niyas, P.O.Pookkayil Bazar, Tirur Taluk. PIN 676107 Pulikkunnath Parvathy (60 years) Ozhur amsom & Post Eranellyur desom, Tirur Taluk. PIN 676 307

Reliefs

Relief Type: Money Recovery

Outcome: Granted

Description:

Realization of amount with 12% interest

Evidence:

The suit is decreed as follows; 1. The plaintiff is entitled to realize an amount of Rs. 2,21667 with 12% interest from the date of filing suit till realization of amount. 2. The plaintiff is entitled to get costs for the entire suit proceedings from the defendants and from their assets.

Documents & Evidence

Document Type: Karar

Submitted By: Plaintiff

Relevance:

Investment agreement for Rs. 1,00,000/-

Reference:

Ext A1 - Karar dated 15-2-2016