Case Summary
The plaintiff, Kerala Gramin Bank, filed a suit against the defendant, A.Saeed, for the recovery of a loan amount that was not repaid. The defendant had taken a loan of Rs. 75,000 but failed to make the repayments despite legal notice.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
An amount of Rs. 1,04,439 with interest at the rate of 11% per annum and costs.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of the plaintiff. The court ordered the defendant to pay the amount due along with interest.
Why Plaintiff Won:
The evidence established that the defendant is indebted to the plaintiff bank and there was no contra evidence.
The evidence established that the defendant is indebted to the plaintiff bank and there was no contra evidence.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
The evidence clearly established that the defendant is indebted to the plaintiff bank. From the evidence of PW1 and Exts.A1 to A7 documents, it is evince that the plaintiff is entitled to realise an amount of Rs.1,04,439/-...
Judgment Evidence:
In the result, the suit is decreed as follows: Plaintiff is entitled to realise an amount of Rs.1,04,439/- (Rupees One Lakh Four Thousand Four Hundred and Thirty Nine only)...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- A.Saeed
- Party Age
- 45
- Relation
- S/o
Plaintiffs Documents
Power of Attorney dated 01-04-2014, Loan Application dated 18-08-2021, Loan Sanction Letter dated 18-08-2021, Memorandum of agreement for agricultural loan dated 18-08-2021, Lawyer notice dated 20-06-2024, Postal Receipt dated 20-06-2024, Statement of accounts dated 06-08-2024.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- A.Abdul Khalam
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Adithya Lekshmi. P
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Jayasree K.Bal
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Niveditha.P
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the amount owed by the defendant.
Evidence:
The suit is decreed as follows: Plaintiff is entitled to realise an amount of Rs.1,04,439/- (Rupees One Lakh Four Thousand Four Hundred and Thirty Nine only) with interest at the rate of 11% per annum with monthly rest along with 2% penal interest for the principal amount.
Relief Type:
Costs
Outcome:
Granted
Description:
Costs should follow the event.
Evidence:
Hence, there is no reason to deviate from the rule 'costs shall follow the event'.
Documents & Evidence
Document Type:
Power of Attorney
Submitted By:
Plaintiff
Relevance:
Proves the authority of the defendant to enter into the loan agreement.
Reference:
Ext.A1
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Demonstrates the request made by the defendant for the loan.
Reference:
Ext.A2
Document Type:
Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
States that the loan was sanctioned to the defendant.
Reference:
Ext.A3
Document Type:
Memorandum of Agreement for Agricultural Loan
Submitted By:
Plaintiff
Relevance:
Details the agreement and terms of the loan with the defendant.
Reference:
Ext.A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Indicates the legal demand made for repayment of the outstanding amount.
Reference:
Ext.A5
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Confirms the dispatch of the lawyer's notice to the defendant.
Reference:
Ext.A6
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Shows the outstanding amount owed by the defendant to the plaintiff.
Reference:
Ext.A7
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Recovery of money
Case Code
OS.NO.
Case Code Year
2024