Case Summary
Kerala Gramin Bank filed a suit against defendants seeking recovery of a loan amount of Rs. 26,754/- with interest, as the defendants failed to repay the loan taken for business purposes.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of money with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed that defendants pay the plaintiff a sum of Rs. 26,754/- with interest at 12% per annum on the principle amount from the date of filing the suit till the date of realization, and pay the costs of the suit.
Why Plaintiff Won:
The defendants failed to repay the loan, and as they admitted the suit claim, the plaintiff was entitled to a decree for the recovery.
The defendants failed to repay the loan, and as they admitted the suit claim, the plaintiff was entitled to a decree for the recovery.
Losing Side's Weaknesses:
The defendants failed to repay the loan, and as they admitted the suit claim, the plaintiff was entitled to a decree for the recovery.
The defendants failed to repay the loan, and as they admitted the suit claim, the plaintiff was entitled to a decree for the recovery.
Supporting Evidence
The plaintiff is entitled to get a decree as prayed for.
Judgment Evidence:
In the result, the suit is decreed as follows:
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Sajeesh. K.T
- Party Age
- 34
- Relation
- S/o. Alavikutty
- Party Role
- Defendant
- Party Name
- Muhamed Ali.N
- Party Age
- 43
- Relation
- S/o. Kunhalan
Plaintiffs Documents
Bank statements showing loan disbursement and repayment schedule, Loan agreement
Defendants Documents
Written statement admitting the suit claim
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.K.T. Ajayan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. Sumi.O
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. Najumudheen.P
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recovery of money with interest
Evidence:
In the result, the suit is decreed as follows:
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff entitled to realize costs of the suit from the defendant
Evidence:
Plaintiff is entitled to realise the costs of the suit at confessional scale from the defendant.
Documents & Evidence
Document Type:
Bank statements
Submitted By:
Plaintiff
Relevance:
Showed loan disbursement and repayment schedule
Reference:
Bankers book evidence act
Document Type:
Written Statement
Submitted By:
Defendant
Relevance:
Admitted the suit claim
Reference:
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
Non-repayment of loan
Case Code
Case between Kerala Gramin Bank vs Sajeesh. K.T et al regarding loan recovery
Case Code Year
Case between Kerala Gramin Bank vs Sajeesh. K.T et al regarding loan recovery