Case Summary
Kerala Gramin Bank filed a suit against Sri. Varkey K.J for recovery of a decree amount. The defendant admitted the claim and a decree was passed against him.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant is ordered to pay Rs.11,27,247/- with interest.
Case Type
Commercial Suit
Final Judgment
No
The court ordered the defendant to pay a sum of Rs.11,27,247/- along with interest and costs to the plaintiff. The judgment stipulates conditions for payment and charges on the property.
Why Plaintiff Won:
Defendant admitted the suit claim.
Defendant admitted the suit claim.
Losing Side's Weaknesses:
Defendant admitted the suit claim.
Defendant admitted the suit claim.
Supporting Evidence
Defendant filed written statement admitting the suit claim.
Judgment Evidence:
Hence decree is passed as follows:- 1.Defendant is liable to pay an amount of Rs.11,27,247/- with interest at the rate of 6% per annum from the date of suit till realisation of decree amount with costs of the suit to the plaintiff bank.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Sri. Varkey K.J
- Party Age
- 66
- Relation
- S/o
Plaintiffs Documents
Nil
Defendants Documents
Nil
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Joseph E.D
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt. V. R. Jishara
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendant is liable to pay an amount of Rs.11,27,247/- with interest and costs.
Evidence:
Defendant is liable to pay an amount of Rs.11,27,247/- (Rupees eleven lakh twenty seven thousand two hundred and forty seven only) with interest at the rate of 6% per annum from the date of suit till realisation of decree amount with costs of the suit to the plaintiff bank.
Relief Type:
Possession
Outcome:
Granted
Description:
Charge upon the plaint ‘B’ schedule property for the decree amount.
Evidence:
There will be a charge upon the plaint ‘B’ schedule property for the decree amount, its interest and costs.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to apply for a final decree if defendant defaults in payment.
Evidence:
If the defendant make any default in payment of the decree amount as aforesaid, the plaintiff shall be entitled to apply for a final decree directing that the plaint ‘B’ schedule property or sufficient part thereof be sold.
Documents & Evidence
Case Classification
Case Type
Commercial Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Commercial Court Kozhikode
Common Reasons
Case Code
Case between Kerala Gramin Bank vs Sri. Varkey K.J regarding payment of decree amount.
Case Code Year
Case between Kerala Gramin Bank vs Sri. Varkey K.J regarding payment of decree amount.