Case Summary
The plaintiff, KERALA GRAMIN BANK, filed a suit against the defendants MAREENA JOHNY and JOHNY. O. P for the recovery of an educational loan amount that has not been repaid. The defendants defaulted on the loan amount, prompting the bank to seek legal remedies.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of ₹3,64,390 with future interest @ 11% per annum.
Case Type
Civil Suit
Final Judgment
No
The suit for the realization of the loan amount is decreed in favor of the plaintiff with a reduced interest rate on the principal amount. The defendants are entitled to pay the decree amount in 20 monthly installments.
Why Plaintiff Won:
The second defendant admitted to the plaint claim and agreed to pay the amount in installments.
The second defendant admitted to the plaint claim and agreed to pay the amount in installments.
Losing Side's Weaknesses:
The second defendant admitted to the plaint claim and agreed to pay the amount in installments.
The second defendant admitted to the plaint claim and agreed to pay the amount in installments.
Supporting Evidence
Since, the 2nd defendant filed a conceding written statement stating that, he is ready to pay the decree debt within 20 monthly installments, the suit is decreed.
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
- MAREENA JOHNY
- Party Age
- 28
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- JOHNY. O. P
- Party Age
- 62
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. P. Anoop
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. P. K. Ramachandran
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. Previn. P. M
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt. Jyothilakshmi. V. K
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of ₹3,64,390 with future interest @ 11% per annum, from the date of suit till the date of realization.
Evidence:
the suit is decreed.
Relief Type:
Damages
Outcome:
Granted
Description:
Costs of the suit are awarded to the plaintiff.
Evidence:
The plaintiff is entitled to get the costs of the suit.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court, Nadapuram
Common Reasons
Recovery of money
Case Code
Case between KERALA GRAMIN BANK vs MAREENA JOHNY, JOHNY. O. P regarding realization of money.
Case Code Year
Case between KERALA GRAMIN BANK vs MAREENA JOHNY, JOHNY. O. P regarding realization of money.