Case Summary
Kerala Gramin Bank filed a suit against the defendants for the recovery of a loan amount of Rs. 34,733 with interest, as the defendants defaulted on the repayment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of Rs. 34,733 with interest at 14% per annum
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing the bank to realize the loan amount of Rs. 34,733 with 14% interest from the defendants and their assets.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Not mentioned
Not mentioned
Supporting Evidence
I find no reason to disbelieve PW.1. Therefore, I hold a view that the plaintiff has proved its case by documents produced in this case.
Judgment Evidence:
The suit is decreed as follows: Plaintiff is allowed to realize an amount of Rs. 34,733/- with interest set at the rate of 14 % per annum from the date of suit fill fortay and therealter at the rate of $ % per annum till realization from the defendants and their assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Irshad T.P.
- Party Age
- 33
- Relation
- S/o. Hamza
- Party Role
- Defendant
- Party Name
- Sudarsan K
- Party Age
- 42
- Relation
- S/o. Krishnan
Plaintiffs Documents
21-07-2009 Loan Application Form, Request for Overdraft Facilities, Demand Promissory Note, Take Delivery Letter to Demand Promissory, Agreement for Swarezger Credit Card, Acknowledgment of Debt and Security, Copy of Lawyer Notice, Statement of Account.
Defendants Documents
Not mentioned
Advocates
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Realization of Rs. 34,733 with interest at 14% per annum
Evidence:
The suit is decreed as follows: Plaintiff is allowed to realize an amount of Rs. 34,733/- with interest set at the rate of 14 % per annum from the date of suit fill fortay and therealter at the rate of $ % per annum till realization from the defendants and their assets.
Documents & Evidence
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A1
Document Type:
Request for Overdraft Facilities
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A3
Document Type:
Take Delivery Letter to Demand Promissory
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A4
Document Type:
Agreement for Swarozgar Credit Card
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A6
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A7
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Subm...
Reference:
A8
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
Case Code
Case between Kerala Gramin Bank vs Irshad T.P. et al regarding loan recovery
Case Code Year
Case between Kerala Gramin Bank vs Irshad T.P. et al regarding loan recovery