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ORIGINAL SUIT No. 93 OF 2019

Case between Kerala Gramin Bank vs Premalatha et al regarding realisation of money

Court
Court of the Munsiff of Tirur
Judge
Sri. JANKISH NARAYANAN
Order Date
2019-12-10
Duration
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Case Summary

Case involves Kerala Gramin Bank suing Premalatha et al for defaulting on a loan under the Micro Enterprises in Rural Artisan-Industrial scheme.

Judgment Outcome

Plaintiff Won
Interim Order
Plaintiff awarded Rs.63,876/- with 14% annual interest for default on loan repayment by defendants.
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved the case with unchallenged evidence due to defendants opting to remain exparte.

Judgment Evidence:

Suit decreed for plaintiff to recover Rs.63,876/- with 14% interest from date of suit.

Parties Involved

Plaintiffs

Kerala Gramin Bank (Age not specified years)

Defendants

Premlatha (46 years) Chathangattil House, Manjalam Padi Chithranjali (40 years) Kizhakkevalappil House, Manjalam Padi Sumathy (53 years) Nalupurakkal House, Manjalam Padi Dhakshayani (45 years) Thalappil House, Manjalam Padi Asya (40 years) Kannamkadavath House, Manjalam Padi

Reliefs

Relief Type: Unknown
Outcome: Not Decided
Description:
Recovery of loan amount with interest.
Evidence:
The plaintiff adduced evidence proving the loan default.
Relief Type: Unknown
Outcome: Not Decided
Description:
Order as to interest, reliefs, and costs.
Evidence:
Decided together with the recovery of the loan amount.

Documents & Evidence

Document Type: Inter-se Agreement
Submitted By: Plaintiff
Relevance:
Defendants jointly executed the agreement with the plaintiff bank.
Reference:
Ext.A1
Document Type: Letter of Consent-cum-Guarantee and Hypothecation
Submitted By: Plaintiff
Relevance:
Defendants jointly executed the letter in favor of the plaintiff bank.
Reference:
Ext.A2
Document Type: Acknowledgement of Debt and Security
Submitted By: Plaintiff
Relevance:
Acknowledgment dated 08.06.2016.
Reference:
Ext.A3
Document Type: Copy of Registered Lawyer Notice
Submitted By: Plaintiff
Relevance:
Notice dated 01.06.2018.
Reference:
Ext.A4
Document Type: Copy of Statement of Accounts
Submitted By: Plaintiff
Relevance:
Document showing details of loan transaction.
Reference:
Ext.A5

Quick Facts

Location
Tirur
Case Filed
Outcome Confidence
90%

Involved Entities

Bank

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