Case Summary
Kerala Gramin Bank filed a suit against defendants to recover a loan amount of Rs. 1,15,372 with interest due to default in repayment as per loan agreements and demand notices.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 1,15,372 with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed in favor of the plaintiff Kerala Gramin Bank, directing the defendants to pay Rs. 1,15,372 with interest and costs of the suit.
Why Plaintiff Won:
Reason not clearly mentioned.
Reason not clearly mentioned.
Losing Side's Weaknesses:
Reason not clearly mentioned.
Reason not clearly mentioned.
Supporting Evidence
Judgment Evidence:
The defendant is hereby directed to pay the plaintiff bank an amount of Rs. 1,15,372/- with interest at 9% per annum compounded at monthly rests on Rs. 1,13,398/- from the date of suit till the Date of realization and costs of the suit.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- By its Manager
- Party Role
- Defendant
- Party Name
- Ansar.K.K.
- Party Age
- 39
- Relation
- S/o Ali.K.K.
- Party Role
- Defendant
- Party Name
- Ali.K.K.
- Party Age
- 66
- Relation
- S/o Kunhahammed
Plaintiffs Documents
Loan Application dated 3-2-2014, Demand Promissory Note dated 3-2-2014, Take Delivery letter to Demand Promissory Note dated 3-2-2014, Agreement for Retail Credit Card dated 3-2-2014, Guarantee agreement dated 3-2-2014, Copy of registered lawyer notice dated 29-7-2016, True copy of Statement of account.
Defendants Documents
Not available.
Advocates
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Payment of Rs. 1,15,372 with interest
Evidence:
The defendant is hereby directed to pay the plaintiff bank an amount of Rs. 1,15,372/- with interest at 9% per annum compounded at monthly rests on Rs. 1,13,398/- from the date of suit till the Date of realization and costs of the suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of loan application
Reference:
A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of promissory note
Reference:
A2
Document Type:
Agreement for Retail Credit Card
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of credit card agreement
Reference:
A4
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of loan guarantee agreement
Reference:
A5
Document Type:
Registered Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of legal notice
Reference:
A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of account details
Reference:
A7
Case Classification
Case Type
Civil Suit - Money Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Loan default
Case Code
Case between Kerala Gramin Bank vs Ansar.K.K. et al regarding money realization
Case Code Year
Case between Kerala Gramin Bank vs Ansar.K.K. et al regarding money realization