Case Summary
Kerala Gramin Bank filed a suit against V.M. Usman seeking repayment of a loan amounting to Rs. 13,574 with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of Rs.13,574 with interest
Case Type
Civil Suit - Debt Recovery
Final Judgment
No
The court decreed in favor of the plaintiff, granting the recovery of Rs.13,574 with interest from the defendant.
Why Plaintiff Won:
Plaintiff proved the case through oral evidence and documents submitted.
Plaintiff proved the case through oral evidence and documents submitted.
Losing Side's Weaknesses:
Plaintiff proved the case through oral evidence and documents submitted.
Plaintiff proved the case through oral evidence and documents submitted.
Supporting Evidence
I find no reason to disbelieve PW.1. The plaintiff has proved its case by the oral evidence and documents produced in this case.
Judgment Evidence:
In the result, the suit is decreed as follows: 1. Plaintiff is allowed to realise an amount of Rs.13,574/- ( Rupees Thirteen Thousand Five Hundred and Seventy Four only ) with interest at the rate of 12 % per annum from the date of suit till today and thereafter at the rate of 6% per annum till realisation from the defendant and his assets. 2. Plaintiff is entitled to realise the costs of the suit from the defendant.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- V.M. Usman
- Party Age
- 35
- Relation
- S/o. Ibrahim Musliar
Plaintiffs Documents
Application for Agricultural advance (Ext.A1), Memorandum of agreement for agricultural loans (Ext.A2), Statement of Account (Ext.A3)
Defendants Documents
Not available
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M. Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. K. Sreekala
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Debt Recovery
Outcome:
Granted
Description:
Recovery of Rs.13,574 with interest
Evidence:
The court decreed the recovery of Rs.13,574 with interest at a specified rate.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff's entitlement to realise the costs of the suit from the defendant
Evidence:
The court ordered the defendant to bear the costs of the suit.
Documents & Evidence
Document Type:
Application for Agricultural advance
Submitted By:
Plaintiff
Relevance:
Submitted loan application by the defendant
Reference:
Ext.A1
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
Executed agreement by the defendant regarding the loan
Reference:
Ext.A2
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Shows the due amount of Rs. 13,574 as on the date of the suit
Reference:
Ext.A3
Case Classification
Case Type
Civil Suit - Debt Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Loan default
Case Code
Case between Kerala Gramin Bank vs V.M. Usman et al regarding loan default
Case Code Year
Case between Kerala Gramin Bank vs V.M. Usman et al regarding loan default