Case Summary
Kerala Gramin Bank filed a suit against Sujithamol.S and others for the realization of money related to an MSME loan. The defendants defaulted on repayment despite repeated demands from the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realise an amount of Rs.49,388.50/- with interest at the rate of 6% per annum from the date of suit till the date of realisation with costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the outstanding loan amount.
Why Plaintiff Won:
The plaintiff was successful in proving the case with sufficient evidence.
The plaintiff was successful in proving the case with sufficient evidence.
Losing Side's Weaknesses:
The plaintiff was successful in proving the case with sufficient evidence.
The plaintiff was successful in proving the case with sufficient evidence.
Supporting Evidence
The plaintiff has succeeded in proving his case. Moreover, 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: The plaintiff is entitled to realise an amount of Rs.49,388.50/- (Rupees Forty Nine Thousand Three Hundred and Eighty eight and Paise Fifty Only) with interest at the rate of 6% per annum from the date of suit till the date of realisation with costs from the defendants and their assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Sujithamol.S
- Party Age
- 36
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Sudharma K
- Party Age
- 58
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Anandan K
- Party Age
- 62
- Relation
- S/o
Plaintiffs Documents
Loan application dated 29/09/2020, Guarantee Agreement dated 05/10/2020, Postal receipt dated 08/06/2023
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Adv. Abdul Khalam
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff sought recovery of outstanding loan dues with interest.
Evidence:
Hence, the plaintiff bank is entitled to realize an amount of Rs.49,388.50/- (Rupees Forty Nine Thousand Three Hundred and Eighty eight and Paise Fifty Only) with interest at the rate of 6% per annum from the date of suit till the date of realization with costs from the defendants and their assets.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The document is the application for the MSME loan which initiated the financial transaction.
Reference:
Ext.A2
Document Type:
Agreement for MSME Working Capital Limits – C- OD
Submitted By:
Plaintiff
Relevance:
This agreement outlines the terms of the loan provided to the defendants.
Reference:
Ext.A3
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
The pronote is a formal promise to pay that records the defendants' obligation.
Reference:
Ext.A4
Document Type:
Take Delivery letter to Pronote
Submitted By:
Plaintiff
Relevance:
This letter confirms the delivery of the pronote to the plaintiff bank.
Reference:
Ext.A5
Document Type:
Request for overdraft facility
Submitted By:
Plaintiff
Relevance:
The request for overdraft facility is related to the financial agreement with the plaintiff bank.
Reference:
Ext.A6
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
This agreement was executed by the 2nd and 3rd defendants to guarantee the loan.
Reference:
Ext.A7
Document Type:
Grantee Covering letter
Submitted By:
Plaintiff
Relevance:
This covering letter accompanies the guarantee agreement.
Reference:
Ext.A8
Document Type:
Demand office copy of Lawyer’s notice
Submitted By:
Plaintiff
Relevance:
This document shows the notice sent to the defendants demanding repayment.
Reference:
Ext.A9
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
This receipt serves as evidence of sending the notice to the defendants.
Reference:
Ext.A10
Document Type:
Copy of statement of account
Submitted By:
Plaintiff
Relevance:
This statement details the account activity and outstanding dues of the defendants.
Reference:
Ext.A11
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
Another guarantee agreement executed by the 2nd and 3rd defendants related to the loan.
Reference:
Ext.A12
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Non-payment of rent
Case Code
Case between Kerala Gramin Bank vs Sujithamol.S et al regarding realization of money
Case Code Year
Case between Kerala Gramin Bank vs Sujithamol.S et al regarding realization of money