Case Summary
The plaintiff, Kerala Gramin Bank, filed a suit for the recovery of a loan amount from the defendants, who were guarantors for the loan taken by Sudeep Abraham, now deceased. The defendants were found to have defaulted on the repayment of the loan.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants to pay the sum of 2,20,201/- with interest at the rate of 6% per annum.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of the plaintiff, ordering the defendants to pay the outstanding loan amount along with interest.
Why Plaintiff Won:
The court found the evidence presented by the plaintiff to be uncontroverted and established the plaintiff's claim.
The court found the evidence presented by the plaintiff to be uncontroverted and established the plaintiff's claim.
Losing Side's Weaknesses:
The court found the evidence presented by the plaintiff to be uncontroverted and established the plaintiff's claim.
The court found the evidence presented by the plaintiff to be uncontroverted and established the plaintiff's claim.
Supporting Evidence
The plaint averments, affidavit and the documents would establish the case of the plaintiff. There is no evidence to rebut the evidence adduced on the side of the plaintiff.
Judgment Evidence:
In the result, the suit is decreed as follows; 1.It is ordered that the defendants to pay to the plaintiff the sum of 2,20,201/- (Rupees two lakh twenty thousand two hundred and one only) with interest thereon at the rate of 6% per annum for the principal amount of 50,000/- (Rupees fifty thousand only) from the date of decree till its realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Shiney
- Party Age
- 52
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Amala
- Party Age
- 25
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Maria
- Party Age
- 26
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Anilkumar N R
- Party Age
- 50
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Joby P M
- Party Age
- 41
- Relation
- S/o
Plaintiffs Documents
Loan Application, Memorandum of Agreement, Acknowledgment of Debt, Acknowledgment of debt and security.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Dominic D Vallavassery
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- C L Joseph
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- James K Peter
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendants are ordered to pay the plaintiff the sum of ₹2,20,201/- with interest.
Evidence:
It is ordered that the defendants to pay to the plaintiff the sum of 2,20,201/- (Rupees two lakh twenty thousand two hundred and one only) with interest thereon at the rate of 6% per annum for the principal amount of 50,000/- (Rupees fifty thousand only) from the date of decree till its realization.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to recover costs from the defendants.
Evidence:
The plaintiff is entitled to realise the costs from the defendants.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
This document was submitted as part of the evidence to establish the loan sanctioned to the defendants.
Reference:
Ext.A1
Document Type:
Memorandum of Agreement
Submitted By:
Plaintiff
Relevance:
This document outlines the terms under which the defendants availed of the loan.
Reference:
Ext.A2
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
This document serves as a record that the debt was acknowledged by the defendants.
Reference:
Ext.A3
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document is evidence of additional acknowledgment of debt and associated securities.
Reference:
Ext.A4
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document further supports the claims of debt acknowledgment and security by the defendants.
Reference:
Ext.A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document indicates ongoing acknowledgment of the debt by the defendants.
Reference:
Ext.A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document provides a detailed account of the transactions and outstanding balance owed by the defendants.
Reference:
Ext.A7
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court, Kottayam
Common Reasons
Non-payment of rent
Case Code
Case between Kerala Gramin Bank vs Shiney et al regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs Shiney et al regarding realisation of money