Case Summary
Kerala Gramin Bank filed a suit against Sooraj.T. and Sukumaran.T. for realization of a loan amount after the defendants defaulted on their payments. The defendants admitted to the claim in their written statement, leading to the court's decision.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is allowed to realize an amount of Rs. 4,36,966/- with interest @ 11% per annum and the costs of the suit.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit for the recovery of Rs. 4,36,966/- along with interest due to the defendants' admission of the claim. The judgment also allowed the defendants to pay the amount in installments under specific conditions.
Why Plaintiff Won:
The defendants admitted the plaint claim in their written statement.
The defendants admitted the plaint claim in their written statement.
Losing Side's Weaknesses:
The defendants admitted the plaint claim in their written statement.
The defendants admitted the plaint claim in their written statement.
Supporting Evidence
The learned counsel for the plaintiff submitted that the plaint claim is admitted by the defendants through their written statement.
Judgment Evidence:
In the result, the suit is decreed as follows: I. Plaintiff is allowed to realize an amount of Rs. 4,36,966/- (Rupees Four Lakh Thirty Six Thousand Nine Hundred and Sixty Six only) with interest @ 11 % per annum from the date of suit till the date of the decree.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Sooraj.T.
- Party Age
- 31
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Sukumaran.T.
- Party Age
- 61
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sreekala.K.
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. Vinida.P.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt.M.V.Bindu
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realize an amount of Rs. 4,36,966/- with interest @ 11% per annum from the date of suit till the date of the decree.
Evidence:
In the result, the suit is decreed as follows: I.Plaintiff is allowed to realize an amount of Rs. 4,36,966/- (Rupees Four Lakh Thirty Six Thousand Nine Hundred and Sixty Six only) with interest @ 11 % per annum from the date of suit till the date of the decree.
Relief Type:
Recovery
Outcome:
Partly Granted
Description:
Defendants are permitted to pay the decree amount with an interest @ 6% per annum on the principal amount from the date of decree in installments within 1 year from today.
Evidence:
II.The defendants are permitted to pay the decree amount with an interest @ 6% per annum on the principal amount from the date of decree in installments within 1 year from today.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover the amount with interest @ 11% till its realization if defendants fail to pay the above amount within 1 year.
Evidence:
III.If the defendants failed to pay the above amount within 1 year as stipulated above, the plaintiff is at a liberty to recover the amount with interest @ 11% till its realization.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is also entitled to realize the costs of the suit from the defendants at confessional scale.
Evidence:
IV.Plaintiff is also entitled to realize the costs of the suit from the defendants at confessional scale.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank, By its Manager vs Sooraj.T., Sukumaran.T. regarding realization of money.
Case Code Year
Case between Kerala Gramin Bank, By its Manager vs Sooraj.T., Sukumaran.T. regarding realization of money.