Case Summary
Kerala Gramin Bank is the plaintiff seeking to recover a loan amount from the defendants Santhosh kumar.K. and Janaki. The defendants defaulted on their loan repayment, leading the bank to file this suit.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
An amount of Rs.40,756/- with interest at the rate of 14% per annum from the date of suit till realization.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence presented by the plaintiff, which was unchallenged due to the defendants' absence, proved the plaintiff's case.
The evidence presented by the plaintiff, which was unchallenged due to the defendants' absence, proved the plaintiff's case.
Judgment Evidence:
In the result, the suit is decreed as follows. I. Plaintiff is entitled to realise an amount of Rs.40,756/- (Rupees Forty Thousand Seven Hundred and Fifty Six only), with interest at the rate of 14% per annum from the date of suit till realization.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Defendants
Santhosh kumar.K. (43 years)
Kadambil House
Janaki (48 years)
Mampatta House
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover the amount due from the defendants.
Evidence:
I.find.no.reason.to.disbelieve.PW.1.Therefore,I.am.satisfied.that.the.plaintiff.has.proved.his.case.by.adducing.cogent.and.reliable.evidence.Hence.the.plaintiff.is.entitled.to.a.decree.as.prayed.for.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff is entitled to realize costs of the suit from the defendants.
Evidence:
Plaintiff.is.entitled.to.realize.costs.of.the.suit.from.the.defendant.at.confessional.scale
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
This document shows that the defendants applied for a loan.
Reference:
Ext.A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
This document is the promissory note executed by the defendants for the loan amount.
Reference:
Ext.A2
Document Type:
Take Delivery Letter
Submitted By:
Plaintiff
Relevance:
This document confirms the take delivery of the promissory note by the defendants.
Reference:
Ext.A3
Document Type:
Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
This document evidences the hypothecation related to the loan.
Reference:
Ext.A4
Document Type:
Acknowledgement of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document acknowledges the debt owed by the defendants.
Reference:
Ext.A5
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
This document details the loan transaction and the outstanding amount.
Reference:
Ext.A6