Case Summary
Kerala Gramin Bank is the plaintiff seeking to recover a loan amount from the defendant, Janardhanan.A.K., who defaulted on the repayment. The defendant remained absent during the proceedings.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is allowed to realize an amount of Rs. 40,197/- with interest @ 11% per annum and costs of the suit.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved their case with credible evidence despite the defendant's absence.
The plaintiff proved their case with credible evidence despite the defendant's absence.
Judgment Evidence:
In the result, the suit is decreed as follows: I.Plaintiff is allowed to realize an amount of Rs. 40,197/- (Rupees Forty Thousand One Hundred and Ninety Seven only) with interest @ 11% per annum from the date of suit till the realization.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Defendants
Janardhanan.A.K. (51 years years)
Azhakath Kalathil House, Thirunavaya amsom, P.O.Kodakkal, Tirur Taluk.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realize an amount of Rs. 40,197/- with interest at 11% per annum.
Evidence:
In the result, the suit is decreed as follows: I. Plaintiff is allowed to realize an amount of Rs. 40,197/- (Rupees Forty Thousand One Hundred and Ninety Seven only) with interest @ 11 % per annum from the date of suit till the realization.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize the costs of the suit from the defendants at confessional scale.
Evidence:
II. Plaintiff is also entitled to realize the costs of the suit from the defendants at confessional scale.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The document was used to show the initial request for the loan by the defendant.
Reference:
Ext.A1
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
This document contains the terms of the loan and the agreement made by the defendant.
Reference:
Ext.A2
Document Type:
Acknowledgement of Debt and Security (of Borrower and Guarantor)
Submitted By:
Plaintiff
Relevance:
This document acknowledges the debt that the defendant has towards the bank.
Reference:
Ext.A3
Document Type:
Acknowledgement of Debt and Security of Borrower/Coobligant
Submitted By:
Plaintiff
Relevance:
This document supports the claim of debt acknowledgment from the defendant.
Reference:
Ext.A4
Document Type:
Copy of the lawyer notice
Submitted By:
Plaintiff
Relevance:
This document serves as a formal notice regarding the dues owed by the defendant.
Reference:
Ext.A5
Document Type:
Copy of statement of accounts showing details of the loan transaction
Submitted By:
Plaintiff
Relevance:
This document provides the account details indicating the amount due from the defendant.
Reference:
Ext.A6