Case Summary
Kerala Gramin Bank filed a suit against defendant E.P. Mohammedkutty for the recovery of a loan amount with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of loan amount with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed in favor of the plaintiff, Kerala Gramin Bank, allowing them to recover the loan amount with interest from the defendant.
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
Since the defendant admitted the suit claim, the plaintiff is entitled to get a decree as prayed for.
Judgment Evidence:
In the result, the suit is decreed as follows: 1. Plaintiff is allowed to realise an amount of Rs.44,866/- (Rupees Forty Four Thousand Eight Hundred and Sixth Six only) with interest at the rate of 14 % per annum from the date of suit of suit till today, and thereafter at the rate of 6 % per annum till realisation on Rs. 44,573/- (Rupees Forty Four Thousand and Five Hundred and Seventy Three only) from the defendant and his assets. 2. Plaintiff is entitled to realise the costs of the suit at confessional scale from the defendant.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- E.P. Mohammedkutty
- Party Age
- 47
- Relation
- S/o Ahammed
Plaintiffs Documents
Deed of Hypothecation, Acknowledgement of Debt and Security, Lawyer notices
Defendants Documents
Not mentioned
Advocates
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recovery of loan amount with interest
Evidence:
The court decreed in favor of the plaintiff, allowing them to recover the loan amount with interest from the defendant.
Documents & Evidence
Document Type:
Deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Regarding Composite and Integrated Loan for Non Farm Sector Activities
Reference:
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Acknowledged the loan liability in writing
Reference:
Document Type:
Lawyer notices
Submitted By:
Plaintiff
Relevance:
Included in the plaint averments
Reference:
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
Failure to repay loan
Case Code
Case between Kerala Gramin Bank vs E.P. Mohammedkutty et al regarding loan recovery
Case Code Year
Case between Kerala Gramin Bank vs E.P. Mohammedkutty et al regarding loan recovery