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
The court decreed in favor of the plaintiff, allowing them to recover the loan amount along with interest. The defendant's absence resulted in a ruling in favor of the bank.
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.
Losing Side's Weaknesses:
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.
Supporting Evidence
Therefore, I am satisfied that the plaintiff has proved his case by adducing cogent and reliable evidence.
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
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Janardhanan.A.K.
- Party Age
- 51
- Relation
- S/o
Plaintiffs Documents
Loan application dated 23-3-2011, Memorandum of Agreement for Agricultural loans dated 23-03-2011, Acknowledgement of Debt and Security dated 11-1-2014, Acknowledgement of Debt and Security dated 30-8-2016, Copy of the Lawyer Notice dated 21.12.2018, Copy of statement of accounts showing details of loan transaction.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sreekala.K.
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. Vinida.P.
- Appearance Type
- Assisting Counsel
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
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank vs Janardhanan.A.K. regarding money recovery
Case Code Year
Case between Kerala Gramin Bank vs Janardhanan.A.K. regarding money recovery