Case Summary
KERALA GRAMIN BANK filed a suit against SURESH. K and SEEMA for the recovery of ₹89,305 due to a default on an agricultural loan. The defendants admitted their liability and expressed willingness to clear the debt.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of ₹89,305 with future interest at 6% per annum and costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit, allowing the plaintiff to recover the claimed amount with modified interest. The defendants were allowed to pay the debt within a year.
Why Plaintiff Won:
The defendants conceded the liability and requested a modification of interest.
The defendants conceded the liability and requested a modification of interest.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
Since, the defendants filed a conceding written statement stating that, they are ready to clear off the decree debt within 1 year, the suit is hereby decreed.
Judgment Evidence:
In the result, the suit is decreed with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- KERALA GRAMIN BANK
- Party Role
- Defendant
- Party Name
- SURESH. K
- Party Age
- 51
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- SEEMA
- Party Age
- 47
- Relation
- W/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. P. Anoop
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. Amaya
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. C. R. Biju
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of ₹89,305/- from the defendants with future interest @ 6% per annum.
Evidence:
the suit is hereby decreed. The claim of future interest is reduced to 6% from 9.85 % considering the financial stringency of the defendants.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to get the costs of the suit.
Evidence:
the suit is decreed with costs.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court, Nadapuram
Common Reasons
Non-payment of Loan
Case Code
Case between KERALA GRAMIN BANK vs SURESH. K et al regarding realization of money.
Case Code Year
Case between KERALA GRAMIN BANK vs SURESH. K et al regarding realization of money.