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ORIGINAL SUIT No. 15 OF 2018

Case between Kerala Gramin Bank vs Mohammed Khaleel et al regarding realization of money

Court
COURT OF THE MUNSIFF OF TIRUR
Judge
Sri. JANKISH NARAYANAN
Order Date
2019-10-25
Duration

Judgement document from eCourt website

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Case Summary

The case involves Kerala Gramin Bank seeking recovery of a loan amount from Mohammed Khaleel and Musthafa. The defendants admitted the claim and the court ruled in favor of the plaintiff.

Judgment Outcome

Plaintiff Won
Interim Order
The court decreed the suit in favor of the plaintiff, directing the defendants to pay a total of Rs. 4,46,171/- with interest. If the payment is not made within the stipulated time, the bank can recover the amount with interest.
Judgment Favored
Plaintiff
Relief Granted
Defendants are directed to pay Rs. 4,46,171/- with interest @ 11% per annum from the date of suit till its realization.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The defendants admitted the plaint claim through their written statement, allowing the court to grant judgment on admission.

Judgment Evidence:

In the result, the suit is decreed as follows: 1. Defendants are directed to pay Rs. 4,46,171/- (Rupees Four Lakhs Forty Six Thousand One Hundred and Seventy One only) with interest @ 11 % per annum from the date of suit till its realization, to the plaintiff.

Parties Involved

Plaintiffs

Kerala Gramin Bank (Age not specified years)

Defendants

Mohammed Khaleel (32 years years) Kizhakkethil House, Keraladheeswarapuram amsom & Post, Tirur Taluk Musthafa (62 years years) Kizhakkethil House, Keraladheeswarapuram amsom & Post, Tirur Taluk

Reliefs

Relief Type: Recovery
Outcome: Granted
Description:
Defendants are directed to pay Rs. 4,46,171/- with interest @ 11 % per annum from the date of suit till its realization.
Evidence:
In the result, the suit is decreed as follows: Defendants are directed to pay Rs. 4,46,171/- (Rupees Four Lakhs Forty Six Thousand One Hundred and Seventy One only) with interest @ 11 % per annum from the date of suit till its realization, to the plaintiff.
Relief Type: Recovery
Outcome: Granted
Description:
The defendants are permitted to pay the decree amount with an interest @ 6% per annum on the principal amount from the date of decree in installments within 1 year.
Evidence:
The defendants are permitted to pay the decree amount with an interest @ 6% per annum on the principal amount from the date of decree in installments within 1 year from today.
Relief Type: Recovery
Outcome: Granted
Description:
If the defendants failed to pay the above amount within 1 year, the plaintiff can recover the amount with interest @ 11% till its realization.
Evidence:
If the defendants failed to pay the above amount within 1 year as stipulated above, the plaintiff is at a liberty to recover the amount with interest @ 11% till its realization.
Relief Type: Recovery
Outcome: Granted
Description:
Plaintiff is also entitled to realize the costs of the suit from the defendants at confessional scale.
Evidence:
Plaintiff is also entitled to realize the costs of the suit from the defendants at confessional scale.

Documents & Evidence

Quick Facts

Location
Case Filed
Thu, 10/29/2015 - 12:00
Outcome Confidence
95%

Involved Entities

Bank

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