Case Summary
Kerala Gramin Bank filed a suit against defendants seeking to recover a loan amount of Rs. 1,57,277/- with interest due to default in repayment terms.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of loan amount with interest
Case Type
Civil Suit - Loan Recovery
Final Judgment
No
The court decreed the defendants to pay Rs.1,57,277/- to the plaintiff with prescribed interest and costs.
Why Plaintiff Won:
The plaintiff proved the case with reliable evidence as the defendants remained exparte.
The plaintiff proved the case with reliable evidence as the defendants remained exparte.
Losing Side's Weaknesses:
The plaintiff proved the case with reliable evidence as the defendants remained exparte.
The plaintiff proved the case with reliable evidence as the defendants remained exparte.
Supporting Evidence
The PW1 adduced evidence in tune with the averments in the plaint. Since the defendants opted to remain exparte, the evidence adduced by the PW1 remained unchallenged. I find no reason to disbelieve the evidence adduced by the plaintiff.
Judgment Evidence:
The suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.1,57,277/- to the plaintiff with interest thereon at the rate of 14.5% per annum from the date of suit till the date of realization II. The defendants shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- By its Manager
- Party Role
- Defendant
- Party Name
- Ansar
- Party Age
- 25
- Relation
- S/o A.P.Bapputty
- Party Role
- Defendant
- Party Name
- A.P.Bapputty
- Party Age
- 48
- Relation
- S/o Moideen Bavooty
Plaintiffs Documents
Loan Application dated 4-10-2013, Demand Promissory Note dated 4-10-2013, Take Delivery Letter to DPN dated dated 4-10-2013, Agreement for Retail Credit Card dated 4-10-2013, Guarantee Agreement dated 4-10-2013, Acknowledgment of Debt and Security dated 11-1-2016, Copy of Lawyer Notice dated 15-1-2018, Copy of Statement of Accounts
Defendants Documents
Not applicable
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sreekala.K.
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Vinida.P.
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery of Loan Amount
Outcome:
Granted
Description:
Recovery of Rs.1,57,277/- with prescribed interest and costs.
Evidence:
The defendant is hereby directed to pay the sum of Rs.1,57,277/- to the plaintiff with interest thereon at the rate of 14.5% per annum from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The loan application dated 4-10-2013.
Reference:
A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
The Demand Promissory Note dated 4-10-2013.
Reference:
A2
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
The Take Delivery Letter to DPN dated 4-10-2013.
Reference:
A3
Document Type:
Agreement for Retail Credit Card
Submitted By:
Plaintiff
Relevance:
The Agreement for Retail Credit Card dated 4-10-2013.
Reference:
A4
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
The Guarantee Agreement dated 4-10-2013.
Reference:
A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
The Acknowledgment of Debt and Security dated 11-1-2016.
Reference:
A6
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
The Copy of Lawyer Notice dated 15-1-2018.
Reference:
A7
Document Type:
Copy of Statement of Accounts
Submitted By:
Plaintiff
Relevance:
The Copy of Statement of Accounts.
Reference:
A8
Case Classification
Case Type
Civil Suit - Loan Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Case Code
Case between Kerala Gramin Bank vs Ansar et al regarding loan recovery
Case Code Year
Case between Kerala Gramin Bank vs Ansar et al regarding loan recovery