Case Summary
Kerala Gramin Bank filed a suit against the defendant seeking repayment of a loan under the Kisan Credit Card Scheme. The defendant failed to repay the loan amount resulting in the bank filing a case for recovery.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs.39,997 with 12% per annum interest
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided cogent and reliable evidence including loan application, agreements, acknowledgments, and statement of accounts, which remained unchallenged due to defendant's absence in court.
The plaintiff provided cogent and reliable evidence including loan application, agreements, acknowledgments, and statement of accounts, which remained unchallenged due to defendant's absence in court.
Judgment Evidence:
In the result the suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.39,997/- (Rupees Thirty nine thousand nine hundred and ninety seven only) to the plaintiff with interest there on at the rate of 12% per annum from the date of suit till the date of realization. II. The defendant shall pay the costs of the suit to the plaintiff's bank.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Tanalur - Branch
Defendants
Sheeba (47 years)
Kunnath Parambil House, Payyanangadi, Tirur amsom & Post, Tirur Taluk
Reliefs
Relief Type:
Recovery of Money
Outcome:
Granted
Description:
Payment of Rs.39,997 with 12% per annum interest
Evidence:
The defendant is hereby directed to pay the sum of Rs.39,997/- (Rupees Thirty nine thousand nine hundred and ninety seven only) to the plaintiff with interest there on at the rate of 12% per annum from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Application for Agricultural Loan
Submitted By:
Plaintiff
Relevance:
Filed for the loan application
Reference:
Ext.A1
Document Type:
Memorandum of Agreement for Agricultural Loan
Submitted By:
Plaintiff
Relevance:
Document related to loan agreement
Reference:
Ext.A2
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Acknowledgments of debt executed by the defendant
Reference:
Ext.A3, Ext.A4
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Registered Lawyer Notice sent to the defendant
Reference:
Ext.A5
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
True copy of the statements of Accounts maintained by the plaintiff's bank
Reference:
Ext.A6