Case Summary
The plaintiff, Kerala Gramin Bank, sued the defendant, Ajeesh. K. M, for recovering a loan amount. The defendant defaulted on the loan repayment, leading to the plaintiff's claim for recovery.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹61,343 with future interest at 10.60% per annum from the date of suit till realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff for the recovery of the loan amount. The defendant was absent during the proceedings, resulting in a default judgment.
Why Plaintiff Won:
The claim of the plaintiff to realize the amount stands unchallenged and undisputed as the defendant was absent.
The claim of the plaintiff to realize the amount stands unchallenged and undisputed as the defendant was absent.
Losing Side's Weaknesses:
The claim of the plaintiff to realize the amount stands unchallenged and undisputed as the defendant was absent.
The claim of the plaintiff to realize the amount stands unchallenged and undisputed as the defendant was absent.
Supporting Evidence
Since the defendant is proceeded exparte the suit is decreed with costs as follows.
Judgment Evidence:
In the result, the suit is decreed with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- KERALA GRAMIN BANK
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- AJEESH. K. M
- Party Age
- 41
- Relation
- S/o
Plaintiffs Documents
Agreement for Non Farm Sector Term Loans, Take Delivery Letter, Pronote, Statement of Account, Acknowledgment of Debt, Copy of Lawyer Notice, Postal Receipt
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. P. Anoop
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt. Amaya
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. Abdul Raoof. V. P
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of ₹61,343 with future interest.
Evidence:
The suit is decreed with costs as follows:- The plaintiff is entitled to realize an amount of .61,343 ₹/- (Rupees Sixty One Thousand Three Hundred and Forty Three only) with future interest @ 10.60 % per annum from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Agreement for non Farm Sector Term Loans
Submitted By:
Plaintiff
Relevance:
Executed by defendant in favour of the plaintiff bank.
Reference:
Ext.A1
Document Type:
Take Delivery Letter
Submitted By:
Plaintiff
Relevance:
Letter to DPN from Defendant to the Manager, Kerala Gramin Bank, Purameri.
Reference:
Ext.A2
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Executed by Defendant in favour of the Plaintiff Bank.
Reference:
Ext.A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Issued by Kerala Gramin Bank, Purameri Branch.
Reference:
Ext.A4
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
From Defendant to the Manager, Kerala Gramin Bank, Purameri Branch.
Reference:
Ext.A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
From Defendant to the Manager, Kerala Gramin Bank, Purameri Branch.
Reference:
Ext.A6
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Sent by Adv. P. Anoop, Vatakara to the defendant.
Reference:
Ext.A7
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Related to the Lawyer Notice.
Reference:
Ext.A7 (a)
Document Type:
Postal Acknowledgment Card
Submitted By:
Plaintiff
Relevance:
Signed by Ajeesh.K.M.
Reference:
Ext.A8
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court, Nadapuram
Common Reasons
Non-payment of rent
Case Code
Case between KERALA GRAMIN BANK vs AJEESH. K. M regarding realization of money
Case Code Year
Case between KERALA GRAMIN BANK vs AJEESH. K. M regarding realization of money