Case Summary
KERALA GRAMIN BANK has filed a suit against MANU THOMAS for the recovery of a loan amount. The defendant defaulted on repaying the agricultural loan taken from the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹ 2,34,531/- with future interest @ 11% per annum.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the amount of ₹ 2,34,531 with future interest.
Why Plaintiff Won:
The claim of the plaintiff was unchallenged and undisputed due to the defendant's absence.
The claim of the plaintiff was unchallenged and undisputed due to the defendant's absence.
Losing Side's Weaknesses:
The claim of the plaintiff was unchallenged and undisputed due to the defendant's absence.
The claim of the plaintiff was unchallenged and undisputed due to the defendant's absence.
Supporting Evidence
On a perusal of plaint, proof affidavit and documents the claim of the plaintiff to realize the plaint amount stands unchallenged and undisputed.
Judgment Evidence:
In the result, the suit is decreed with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- KERALA GRAMIN BANK
- Party Role
- Defendant
- Party Name
- MANU THOMAS
- Party Age
- 28
- Relation
- S/o
Plaintiffs Documents
Memorandum of Agreement for Agricultural Loans executed by Manu Thomas in favour of Plaintiff Bank, Statement of Account of Manu Thomas, Acknowledgment of Debt and Security from Manu Thomas.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. P. Anoop
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize an amount of ₹ 2,34,531/- with future interest.
Evidence:
the suit is decreed with costs as follows:- The plaintiff is entitled to realize an amount of ₹ 2,34,531/- (Rupees Two Lakhs Thirty Four Thousand Five Hundred and Thirty One Only) with future interest @ 11% per annum, from the date of suit till the date of realization.
Relief Type:
Penal Interest
Outcome:
Refused
Description:
Claim of penal interest.
Evidence:
the claim of penal interest is hereby denied.
Documents & Evidence
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
Executed by Manu Thomas in favour of Plaintiff Bank.
Reference:
Ext.A1
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of Account of Manu Thomas from Kerala Gramin Bank.
Reference:
Ext.A2
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
From Manu Thomas to the Manager Kerala Gramin Bank.
Reference:
Ext.A3
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
From Manu Thomas to the Manager Kerala Gramin Bank.
Reference:
Ext.A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Sent by Adv. P. Anoop to the defendant.
Reference:
Ext.A5
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Related to the Lawyer Notice.
Reference:
Ext.A5 (a)
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court, Nadapuram
Common Reasons
Non-payment of Loan
Case Code
Case between KERALA GRAMIN BANK vs MANU THOMAS regarding realization of money
Case Code Year
Case between KERALA GRAMIN BANK vs MANU THOMAS regarding realization of money