Case Summary
Kerala Gramin Bank filed a suit against the defendant Kammu.K. to recover the outstanding amount of a loan granted for agricultural purposes.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of money with interest
Case Type
Civil Suit - Money realization
Final Judgment
No
The court decreed that the defendant must pay Rs.1,01,110 to the plaintiff with interest at 9% per annum on the principal amount.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Supporting Evidence
The plaintiff made several demands to the defendants for payment of the money due to the plaintiff and settlement of the accounts. But the defendants did not repay the loan and closed the account, leading to the court decreeing in favor of the plaintiff.
Judgment Evidence:
The defendant is hereby directed to pay the sum of Rs.1,01,110/- to the plaintiff with interest at 9% per annum on the principal amount of Rs.94,515/- from the date of suit till the date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Kammu.K.
- Party Age
- 51
- Relation
- S/o Rayu
Plaintiffs Documents
22-6-2011 - Application for Agricultural advances, Memorandum of Agreement for Agricultural Loans, Acknowledgment of Debt/and Security (of borrower & Guarantor), Acknowledgment of Debt/and Security (of borrower & Guarantor), 15-2-2018 - Lawyer Notice, 16-7-2011 - Statement of account
Defendants Documents
Not applicable
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.M.Sreekala
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Vinida.P.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Realization of money with interest
Outcome:
Granted
Description:
To recover the outstanding loan amount along with interest
Evidence:
The defendant is hereby directed to pay the sum of Rs.1,01,110/- to the plaintiff with interest at 9% per annum on the principal amount of Rs.94,515/- from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Application for Agricultural advances
Submitted By:
Plaintiff
Relevance:
The document related to the loan application by the defendant.
Reference:
22-6-2011
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
The document outlining the agreement terms of the agricultural loan.
Reference:
22-6-2011
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Acknowledgment of debt by the defendant on specified dates.
Reference:
20-12-2013, 21-4-2015
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Registered notice sent to the defendant demanding payment.
Reference:
15-2-2018
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of account showing details of the transactions.
Reference:
16-7-2011
Case Classification
Case Type
Civil Suit - Money Realization
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 Kammu.K. regarding money realization
Case Code Year
Case between Kerala Gramin Bank vs Kammu.K. regarding money realization