Case Summary
Kerala Gramin Bank filed a suit against Shahul Hameed and P. Kader for defaulting on an educational loan taken for the purpose of the first defendant's education.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of Loan Amount with Interest and Costs
Case Type
Civil Suit - Recovery of Loan
Final Judgment
No
The court decreed the suit in favor of the plaintiff allowing the recovery of the loan amount with interest and costs from the defendants.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
Since the defendants remained ex parte, the evidence adduced by the plaintiff remained unchallenged. I find no reason to disbelieve PW.1 The plaintiff has proved its case by adducing oral evidence and by producing relevant documents.
Judgment Evidence:
In the result, the suit is decreed as follows. Plaintiff is allowed to realize an amount of Rs.1,55,227/- with interest at the rate of 14.25% per annum from the date of suit...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Shahul Hameed
- Party Age
- 26
- Relation
- S/o P. Kader
- Party Role
- Defendant
- Party Name
- P. Kader
- Party Age
- 56
- Relation
- S/o Saidalikutty
Plaintiffs Documents
Loan Application Form, Educational Loan Agreement, Acknowledgments of Debt, Lawyer Notice, Statement of Accounts
Defendants Documents
Not available
Advocates
Reliefs
Relief Type:
Recovery of Loan Amount
Outcome:
Granted
Description:
Recovery of loan amount with interest at 14.25% per annum and costs
Evidence:
The suit is decreed as follows. Plaintiff is allowed to realize an amount of Rs.1,55,227/- with interest at the rate of 14.25% per annum from the date of suit...
Relief Type:
Costs Recovery
Outcome:
Granted
Description:
Plaintiff's entitlement to realize the costs of the suit from the defendants
Evidence:
The suit is decreed as follows. Plaintiff is allowed to realize an amount of Rs.1,55,227/- with interest at the rate of 14.25% per annum from the date of suit...
Documents & Evidence
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
Defendants' loan application for educational purpose
Reference:
A1
Document Type:
Educational Loan Agreement
Submitted By:
Plaintiff
Relevance:
Agreement executed for educational loan facility
Reference:
A2
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Defendants' acknowledgments of debt executed at different dates
Reference:
A3, A4, A5
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Shows the total due amount from defendants
Reference:
A7
Case Classification
Case Type
Civil Suit - Recovery of Loan
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Default on Loan Repayment
Case Code
Case between Kerala Gramin Bank vs Shahul Hameed et al regarding Education Loan Default
Case Code Year
Case between Kerala Gramin Bank vs Shahul Hameed et al regarding Education Loan Default