Case Summary
KERALA GRAMIN BANK is involved in a suit for realization of money against SAMEERA and others for defaulting on a business loan. The defendants had approached the bank for a loan which they failed to repay, leading to this suit for recovery.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹74,478 with future interest at 11.5% per annum and penal interest at the rate of 2% per annum.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed in favor of the plaintiff, allowing recovery of the loan amount with interest.
Why Plaintiff Won:
The defendants filed a conceding written statement admitting the plaint claim.
The defendants filed a conceding written statement admitting the plaint claim.
Losing Side's Weaknesses:
The defendants filed a conceding written statement admitting the plaint claim.
The defendants filed a conceding written statement admitting the plaint claim.
Supporting Evidence
Since, the defendants filed a conceding written statement stating that, he is ready to pay the decree debt within 6 months, the suit is decreed.
Judgment Evidence:
In the result, the suit is decreed with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- KERALA GRAMIN BANK
- Party Role
- Defendant
- Party Name
- SAMEERA
- Party Age
- 42
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- NASEEMA
- Party Age
- 50
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- SANTHA
- Party Age
- 52
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- NADEERA
- Party Age
- 44
- Relation
- W/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C. Prasad
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. Sunny Kunnasseril
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. U. V. Pradeepan
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of ₹74,478 with future interest at 11.5% per annum and penal interest at the rate of 2% per annum.
Evidence:
Hence, the suit is decreed with costs.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court, Nadapuram
Common Reasons
Recovery of money
Case Code
Case between KERALA GRAMIN BANK vs SAMEERA et al regarding realization of money.
Case Code Year
Case between KERALA GRAMIN BANK vs SAMEERA et al regarding realization of money.