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
The suit is decreed in favor of the plaintiff, allowing the recovery of the claimed amount from the defendant within six months. The defendant is also liable for interest and costs.
Why Plaintiff Won:
The defendants admitted the plaint claim in their written statement.
The defendants admitted the plaint claim in their written statement.
Losing Side's Weaknesses:
The defendants admitted the plaint claim in their written statement.
The defendants admitted the plaint claim in their written statement.
Supporting Evidence
The learned counsel for the plaintiff submitted that the plaint claim is admitted by the defendants through 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
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Sailesh kumar
- Party Age
- 26
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sreekala.K.
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Vinida.P
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.Vipin.K.
- Appearance Type
- Main Counsel
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:
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Non-payment of rent
Case Code
Case between Kerala Gramin Bank vs Sailesh kumar regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs Sailesh kumar regarding realisation of money