Case Summary
Kerala Gramin Bank filed a suit against Sailesh kumar for the recovery of loan amount due to non-payment. The defendant admitted the claim in the written statement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendants do pay a sum of ₹1,34,234/- with interest @ 12% per annum from the date of suit till the date of the decree within 6 months.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The defendants admitted the plaint claim in their written statement.
The defendants admitted the plaint claim in their written statement.
Judgment Evidence:
In the result, the suit is decreed with costs as follows: (a) The defendants do pay a sum of ₹1,34,234/- with interest @ 12 % per annum from the date of suit till the date of the decree within 6 months from today.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Defendants
Sailesh kumar (26 years years)
Edoliparambil House, Manalipuzha, Omachapuzha amsom & Post, Tirur Taluk.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendants are ordered to pay a sum of ₹1,34,234/- with interest at 12% per annum.
Evidence:
In the result, the suit is decreed with costs as follows: (a) The defendants do pay a sum of ₹1,34,234/- with interest @ 12 % per annum from the date of suit till the date of the decree within 6 months from today.
Relief Type:
Interest
Outcome:
Granted
Description:
The defendants are ordered to pay thereafter an interest of 6% per annum on the principal amount from the date of the decree till its realization.
Evidence:
(b) The defendant do pay thereafter an interest @ 6% per annum on the principal amount from the date of the decree till its realization.
Relief Type:
Costs
Outcome:
Granted
Description:
The defendants are ordered to pay costs to the plaintiff.
Evidence:
(c) Costs shall follow the event. Hence the defendant do pay costs to the plaintiff.
Documents & Evidence
Document Type:
Deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
The document is pertinent as it establishes the loan agreement and terms for the hypothecation of the vehicle purchased with the loan.
Reference: