Case Summary
Kerala Gramin Bank filed a suit against the defendants seeking to recover a loan amount along with accrued interest due to non-repayment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money Recovery with Interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed that the defendants must pay the sum of Rs. 1,07,556/- to the plaintiff bank along with interest and costs of the suit.
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
Judgment Evidence:
The suit is decreed as follows: 1. The defendant is hereby directed to pay the sum of Rs. 1,07,556/- to the plaintiff with 12% per annum from the date of suit till today and thereafter interest of 6% per annum. 2. The defendants shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- By its Manager
- Party Role
- Defendant
- Party Name
- Rajesh Kumar
- Party Age
- 11
- Relation
- S/o Balakrishnan
- Party Role
- Defendant
- Party Name
- Devarajan
- Party Age
- 48
- Relation
- S/o Sankaran Nair
Plaintiffs Documents
Loan application, Pronote, Take Delivery Letter to DPN, Agreement for Retail Credit Card, Acknowledgment of Debt and Security, Application seeking Restructuring facility, Restructured Loan Sanction Letter, Pronote, Take Delivery Letter to DPN, Acknowledgment of Debt and Security, True copy of Statement of Accounts, True copy of Statement of Accounts
Defendants Documents
Not available
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. K.A.Padmakumar
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. K.Vipin
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Money Recovery with Interest
Outcome:
Granted
Description:
Defendants directed to pay sum of Rs. 1,07,556/- with interest to plaintiff
Evidence:
The suit is decreed as follows: 1. The defendant is hereby directed to pay the sum of Rs. 1,07,556/- to the plaintiff with 12% per annum from the date of suit till today and thereafter interest of 6% per annum. 2. The defendants shall pay the costs of the suit to the plaintiff.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Evidence of the loan application by the first defendant.
Reference:
A1
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Document related to the loan agreement.
Reference:
A2
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
Document related to loan delivery details.
Reference:
A3
Document Type:
Agreement for Retail Credit Card
Submitted By:
Plaintiff
Relevance:
Document related to credit card agreement.
Reference:
A4
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Document where defendant acknowledges the debt and security.
Reference:
A5
Document Type:
Application seeking Restructuring facility
Submitted By:
Plaintiff
Relevance:
Document related to loan restructuring.
Reference:
A6
Document Type:
Restructured Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
Document sanctioning restructured loan.
Reference:
A7
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Document related to the loan agreement.
Reference:
A8
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
Loan delivery details document.
Reference:
A9
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Document of acknowledgment of the debt and security.
Reference:
A10
Document Type:
True Copy of Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Certified accounts showing details of entry under Bank Book Evidence Act.
Reference:
A11
Document Type:
True Copy of Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Certified accounts showing details of entry under Bank Book Evidence Act.
Reference:
A12
Case Classification
Case Type
Civil Suit - Money Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Money Recovery
Case Code
Case between Kerala Gramin Bank vs Rajesh Kumar et al regarding money realization
Case Code Year
Case between Kerala Gramin Bank vs Rajesh Kumar et al regarding money realization