Case Summary
The plaintiff, Kerala Gramin Bank, filed this suit against the defendants, Anjali K.M and K.C.Krishnadasan, to recover an educational loan amount of Rs. 7,42,529/-. The defendants failed to repay the loan as per the agreement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant Nos. 1 and 2 are jointly and severally directed to pay an amount of Rs. 7,42,529/- with 9% interest from the date of suit till the date of decree.
Case Type
Commercial Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendants to pay the outstanding loan amount along with interest.
Why Plaintiff Won:
The evidence adduced by the plaintiff demonstrated the defendants' default in repaying the loan.
The evidence adduced by the plaintiff demonstrated the defendants' default in repaying the loan.
Losing Side's Weaknesses:
The evidence adduced by the plaintiff demonstrated the defendants' default in repaying the loan.
The evidence adduced by the plaintiff demonstrated the defendants' default in repaying the loan.
Supporting Evidence
The entire evidence adduced by the plaintiff shows that plaintiff is entitled to realise the amount claimed in the plaint.
Judgment Evidence:
In the result, suit is decreed as follows: (a) Defendant Nos. 1 and 2 are jointly and severally directed to pay an amount of Rs. 7,42,529/- ...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Anjali K.M
- Party Age
- 27
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- K.C.Krishnadasan
- Party Age
- 55
- Relation
- S/o
Plaintiffs Documents
Educational loan agreement, Acknowledgments of debt and security.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.Joseph E.D.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt.Anju Anil Kumar
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt.K.P.Regha
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover Rs. 7,42,529/- along with interest from the defendants.
Evidence:
In view of the above discussions, I find that the plaintiff is entitled to realise the amount claimed in the plaint.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff is also entitled to realise the cost of the suit.
Evidence:
Plaintiff is also entitled to realise the cost of the suit.
Documents & Evidence
Document Type:
Education Loan Agreement
Submitted By:
Plaintiff
Relevance:
This document served as the basis for granting the educational loan to defendant No.1.
Reference:
Ext.A1
Document Type:
Acknowledgment of Debt and Security of Borrower/Coobligant
Submitted By:
Plaintiff
Relevance:
These documents are acknowledgments signed by the defendants confirming the debt and terms.
Reference:
Ext.A2, A3, A4, A5
Document Type:
Certified copy of computer print out of account statement
Submitted By:
Plaintiff
Relevance:
This document evidences the outstanding loan amount and the defendants' default in repayment.
Reference:
Ext.A6
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
This notice was sent to the defendants to inform them of the outstanding loan amount.
Reference:
Ext.A7
Document Type:
Postal receipt and Acknowledgment cards
Submitted By:
Plaintiff
Relevance:
These documents confirm the delivery of the lawyer notice to the defendants.
Reference:
Ext.A7(a), A7(b)
Case Classification
Case Type
Commercial Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Commercial Court Kozhikode
Common Reasons
Non-payment of rent
Case Code
Case between Kerala Gramin Bank vs Anjali K.M et al regarding realisation of money.
Case Code Year
Case between Kerala Gramin Bank vs Anjali K.M et al regarding realisation of money.