Case Summary
Kerala Gramin Bank filed a suit against Divya K.M seeking to recover an outstanding loan amount of Rs.2,97,046 with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs.2,97,046 with 9% per annum interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed the suit in favor of the plaintiff, directing the defendant to pay Rs.2,97,046 with 9% interest per annum.
Why Plaintiff Won:
Explain the main legal or evidentiary reason stated by the court for granting or refusing relief.
Explain the main legal or evidentiary reason stated by the court for granting or refusing relief.
Losing Side's Weaknesses:
Explain the main legal or evidentiary reason stated by the court for granting or refusing relief.
Explain the main legal or evidentiary reason stated by the court for granting or refusing relief.
Supporting Evidence
Judgment Evidence:
In the result the suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.2,97,046/ (Rupees two lakh ninety seven thousand and forty six only) with interest at 9% per annum on Rs. 2,96,297/- from the date of the 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
- Represented by
- Party Role
- Defendant
- Party Name
- Divya K.M
- Relation
- W/o. Pradeep.G
Plaintiffs Documents
31-1-2013 : Hypothecation deed, 18-04-2015 : Acknowledgement debt, 31-01-2013 to 16-03-2017: Statement of account
Defendants Documents
Nil
Advocates
Reliefs
Relief Type:
Payment of amount with interest
Outcome:
Granted
Description:
To pay Rs.2,97,046 with 9% per annum interest
Evidence:
In the result the suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.2,97,046/ (Rupees two lakh ninety seven thousand and forty six only) with interest at 9% per annum on Rs. 2,96,297/- from the date of the suit till the date of realization II. The defendants shall pay the costs of the suit to the plaintiff.
Documents & Evidence
Document Type:
Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
Documented agreement for the loan facility
Reference:
31-1-2013
Document Type:
Acknowledgement debt
Submitted By:
Plaintiff
Relevance:
Acknowledgment of debt and security made by the defendant
Reference:
18-04-2015
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Record of account transactions related to the loan facility
Reference:
31-01-2013 to 16-03-2017
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 Divya K.M et al regarding loan recovery
Case Code Year
Case between Kerala Gramin Bank vs Divya K.M et al regarding loan recovery