Case Summary
Kerala Gramin Bank filed a suit for realization of money against the defendants who failed to repay a loan granted for agricultural purposes under the Kisan Credit Card scheme.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of the loan amount with interest
Case Type
Civil Suit - Realization of Money
Final Judgment
No
The court decreed the suit in favor of the plaintiff, Kerala Gramin Bank, directing defendants to pay the outstanding loan amount with interest.
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 with costs @ confession scale as follows: The defendants are directed to pay an amount of Rs. 76139/- with interest at the rate of 12% per annum on the principal amount of Rs. 70693/- from the date of suit till today and thereafter at the rate of 6% per annum till realization on Rs. 70693/- to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by its Manager
- Party Role
- Defendant
- Party Name
- Saji Rajan
- Party Age
- 41
- Relation
- S/o. Valsarajan
- Party Role
- Defendant
- Party Name
- Siji Rajan
- Party Age
- 39
- Relation
- S/o. Valsarajan
- Party Role
- Defendant
- Party Name
- Sajitha
- Party Age
- 42
- Relation
- W/o.Bindurajan
Plaintiffs Documents
Copy of the statement of accounts under the Banker's Book Evidence Act
Defendants Documents
Advocates
Reliefs
Relief Type:
Realization of Money
Outcome:
Granted
Description:
Defendants directed to pay the outstanding loan amount with interest.
Evidence:
The suit is decreed with costs @ confession scale as follows: The defendants are directed to pay an amount of Rs. 76139/- with interest at the rate of 12% per annum on the principal amount of Rs. 70693/- from the date of suit till today and thereafter at the rate of 6% per annum till realization on Rs. 70693/- to the plaintiff.
Documents & Evidence
Document Type:
Unknown
Submitted By:
Plaintiff
Relevance:
Copy of the statement of accounts showing details and giving particulars of entries certified under the Banker's Book Evidence Act is produced.
Reference:
Case Classification
Case Type
Civil Suit - Realization of Money
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Case Code
Case between Kerala Gramin Bank vs Saji Rajan et al regarding loan repayment
Case Code Year
Case between Kerala Gramin Bank vs Saji Rajan et al regarding loan repayment