Case Summary
Kerala Gramin Bank, represented by its manager, filed a suit against Sudarsan.P.P. for recovery of a loan amount. The defendant admitted the claim through his written statement, leading to a judgment on admission.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay Rs. 8,15,032/- with interest.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The defendant admitted the plaint claim through his written statement, allowing for judgment on admission.
The defendant admitted the plaint claim through his written statement, allowing for judgment on admission.
Judgment Evidence:
In the result, the suit is decreed with costs as follows:- (a) The defendants do pay a sum of 8,15,032/- (Rupees eight lakh fifteen thousand and thirty two only) with interest @ 12% per annum from the date of suit till the date of the decree within 6 months from today.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Valancheri Branch
Defendants
Sudarsan.P.P. (38 years)
Panthaparambil House, Punnachola, Edayur amsom & Post, Tirur Taluk.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendants are to pay a total sum with interest for the loan default.
Evidence:
In the result, the suit is decreed with costs as follows: (a) The defendants do pay a sum of 8,15,032/- (Rupees eight lakh fifteen thousand and thirty two only) with interest @ 12% per annum from the date of suit till the date of the decree within 6 months from today.
Relief Type:
Interest
Outcome:
Granted
Description:
The defendants are to pay interest on the principal amount from the date of decree till realization.
Evidence:
(b) The defendant do pay thereafter an interest @ 6% per annum on the principal amount from the date of the decree till its realization.
Relief Type:
Costs
Outcome:
Granted
Description:
Costs shall follow the event, requiring the defendant to pay costs to the plaintiff.
Evidence:
(c) Costs shall follow the event. Hence the defendant do pay costs to the plaintiff.
Documents & Evidence
Document Type:
Deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
This document establishes the loan amount and the hypothecation of the vehicle.
Reference:
Document Type:
Written Statement
Submitted By:
Unknown
Relevance:
The defendants admitted the claim in the written statement.
Reference:
Document Type:
Oral Evidence
Submitted By:
Unknown
Relevance:
Oral submissions made by the learned counsel for the plaintiff were considered.
Reference: