velayutham vs Arockiyasami — 168/2024

Case Summary: CC No. 168/2024 Court: Fast Track Magistrate Court, Karaikudi Date: 13.05.2026 Petitioner: Velayutham Respondent: Arockiyasami This is a civil case involving a loan dispute. Velayutham (petitioner) testified during cross-examination, denying key allegations by the respondent. He claimed he lacked sufficient financial means to give the alleged loan of ₹15,70,000 on 03.11.2023, and stated the money came from his sister and wife. He denied providing any written security, documents, or authorization letters. The petitioner also disputed claims about gold ornaments being pledged with a finance company and denied various financial transactions attributed to him. The court recorded his testimony and the witness acknowledged the statement as recorded and read back in court. Outcome: The case remains under trial with cross-examination testimony recorded. No final order/judgment has been passed; the matter is still pending adjudication. This case analysis is maintained by casestatus.in based on publicly available court records.