Case Summary
Kerala Gramin Bank filed a suit against Abdul Razak.O seeking realization of money related to a loan default under the KCC Scheme.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of the amount due with interest
Case Type
Civil Suit - Realization of Money
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved their case by adducing cogent and reliable evidence.
The plaintiff proved their case by adducing cogent and reliable evidence.
Judgment Evidence:
The suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.74,979 to the plaintiff with interest there on at the rate of 12% per annum from the date of suit till today and thereafter at the rate of 9% per annum till the date of realization on Rs.73,885 (Rupees Seventy three thousand eight hundred and eighty five only). II. The defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Manager, Kuttippurm Branch
Defendants
Abdul Razak.O (40 years)
Oruvil House, Kolathole, Post Naduvattom, Naduvattom amsom, Tirur Taluk
Reliefs
Relief Type:
Realization of money with interest
Outcome:
Granted
Description:
Realization of the amount due with interest
Evidence:
The defendant is directed to pay the sum of Rs.74,979 to the plaintiff with interest there on at the rate of 12% per annum from the date of suit.
Documents & Evidence
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
Presented as evidence in the case.
Reference:
Ext.A1
Document Type:
Copy of Registered Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Presented as evidence in the case.
Reference:
Ext.A2
Document Type:
True Copy of Statement of Account
Submitted By:
Plaintiff
Relevance:
Presented as evidence in the case.
Reference:
Ext.A3