Case Summary
Kerala Gramin Bank filed a suit against Pushpalatha seeking repayment of a loan amount with interest as per the terms agreed upon by the defendant.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of loan amount with interest
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
The court decreed in favor of the plaintiff, allowing them to recover the loan amount with interest from the defendant.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Reason not clearly mentioned
Reason not clearly mentioned
Supporting Evidence
The evidence adduced by the plaintiff remained unchallenged. I find no reason to disbelieve PW.1. The plaintiff has proved its case by the oral evidence of PW.1 and documents produced in this case. So, the plaintiff is entitled for a decree as prayed for.
Judgment Evidence:
The defendant acknowledged the liability in writing on 30.1.2015 by executing Acknowledgment of Debt and Security.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Pushpalatha
- Party Age
- 43
- Relation
- W/o. Vijayakumar
Plaintiffs Documents
Hypothecation Deed (Ext. A1), Acknowledgment of Debt (Ext. A2), Loan sanction letter, Demand Promissory note, Take delivery letter, Lawyer notice, Acknowledgment of debt and security, Statement of accounts
Defendants Documents
Not mentioned
Advocates
Reliefs
Relief Type:
Recovery of Loan Amount with Interest
Outcome:
Granted
Description:
Plaintiff allowed to realise an amount of Rs.79,719/- with interest on Rs.79,403/- at the rate of 14% per annum from the date of suit till realisation from the defendant and his assets.
Evidence:
Relief Type:
Costs of the suit
Outcome:
Granted
Description:
Plaintiff entitled to realise costs of the suit from the defendant.
Evidence:
Documents & Evidence
Document Type:
Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
Regarding composite integrated loan for non farm sector activities
Reference:
Ext. A1
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Reference:
Ext. A2
Document Type:
Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
Reference:
Ext. A4
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Reference:
Ext. A5
Document Type:
Take Delivery Letter to Demand Promissory
Submitted By:
Plaintiff
Relevance:
Reference:
Ext. A6
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Reference:
Ext. A7
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Reference:
Ext. A8
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
True copy showing the details of the suit transaction
Reference:
Ext. A9
Case Classification
Case Type
Civil Suit - Recovery of Money
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 Pushpalatha et al regarding loan repayment
Case Code Year
Case between Kerala Gramin Bank vs Pushpalatha et al regarding loan repayment