Case Summary
The plaintiff, Kerala Gramin Bank, filed a suit against the defendants, Rajan K and Mani N, for realization of loan amount due under a Kisan Credit Card loan. The defendants failed to repay the loan amount after it became overdue.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of 1,57,853/- with interest at the rate of 6% per annum and costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing the bank to recover the overdue loan amount with interest and costs.
Why Plaintiff Won:
The plaintiff has succeeded in proving her case with evidence.
The plaintiff has succeeded in proving her case with evidence.
Losing Side's Weaknesses:
The plaintiff has succeeded in proving her case with evidence.
The plaintiff has succeeded in proving her case with evidence.
Supporting Evidence
By producing Ext. A1 to A7 and by deposing in tune with the plaint averments in the affidavit, the plaintiff has succeeded in proving her case.
Judgment Evidence:
In the result, the suit is decreed as follows: The plaintiff is entitled to realise an amount of 1,57,853/- (Rupees One Lakh Fifty Seven Thousand Eight Hundred and Fifty three only) with interest at the rate of 6% per annum from the date of suit till the date of realisation with costs from the defendants and their assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Rajan K
- Party Age
- 69
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Mani N
- Party Age
- 67
- Relation
- W/o
Plaintiffs Documents
Application for agricultural loan dated 01/02/2021, Loan sanction communication dated 01/02/2021, Memorandum of agreement for agricultural loans dated 01/02/2021, Office copy of Lawyer’s notice dated 13/01/2023, Postal receipt dated 13/1/2023, Acknowledgment cards, Copy of statement of account for the period from 01/02/2021 to 12/01/2024.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Adv.Rajendran K
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount due from the defendants.
Evidence:
Hence, the plaintiff is entitled to the relief as prayed for.
Documents & Evidence
Document Type:
Application for Agricultural Loan
Submitted By:
Plaintiff
Relevance:
This document shows the application for the loan availed by the defendants.
Reference:
Ext.A1
Document Type:
Loan Sanction communication
Submitted By:
Plaintiff
Relevance:
This document confirms the loan sanction communicated to the defendants.
Reference:
Ext.A2
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
This document outlines the terms of agreement regarding the loan taken by the defendants.
Reference:
Ext.A3
Document Type:
Office copy of Lawyer’s Notice
Submitted By:
Plaintiff
Relevance:
This notice was served to demand payment from the defendants for the overdue amount.
Reference:
Ext.A4
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
This document serves as proof of the dispatch of the lawyer's notice to the defendants.
Reference:
Ext.A5
Document Type:
Acknowledgment Cards
Submitted By:
Plaintiff
Relevance:
These cards acknowledge the receipt of documents sent to the defendants.
Reference:
Ext.A6
Document Type:
Copy of statement of account
Submitted By:
Plaintiff
Relevance:
This document details the account transactions and outstanding balance of the loan.
Reference:
Ext.A7
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank vs Rajan K et al regarding realization of money.
Case Code Year
Case between Kerala Gramin Bank vs Rajan K et al regarding realization of money.