Case Summary
Kerala Gramin Bank filed a suit against Yahu.P. for the recovery of a loan amount. The defendant admitted the claim through his written statement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is allowed to realize an amount of Rs. 1,56,773/- with interest @ 12% per annum.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing the bank to recover the claimed amount with interest. The defendant has the option to pay in installments.
Why Plaintiff Won:
The defendant admitted the plaint claim through his written statement.
The defendant admitted the plaint claim through his written statement.
Losing Side's Weaknesses:
The defendant admitted the plaint claim through his written statement.
The defendant admitted the plaint claim through his written statement.
Supporting Evidence
The learned counsel for the plaintiff submitted that the plaint claim is admitted by the defendant through his written statement.
Judgment Evidence:
In the result, the suit is decreed as follows: I.Plaintiff is allowed to realize an amount of Rs. 1,56,773/- (Rupees One Lakh Fifty Six Thousand Seven Hundred and Seventy Three only) with interest @ 12 % per annum from the date of suit till the date of the decree.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Yahu.P.
- Party Age
- 61
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sreekala.K.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri,.Rajeesh.C.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realize an amount of Rs. 1,56,773/- with interest @ 12 % per annum from the date of suit till the date of the decree.
Evidence:
In the result, the suit is decreed as follows: I. Plaintiff is allowed to realize an amount of Rs. 1,56,773/- (Rupees One Lakh Fifty Six Thousand Seven Hundred and Seventy Three only) with interest @ 12 % per annum from the date of suit till the date of the decree.
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendants are permitted to pay the decree amount with an interest @ 6% per annum on the principal amount from the date of decree in installments within 1 year from today.
Evidence:
II. The defendants are permitted to pay the decree amount with an interest @ 6% per annum on the principal amount from the date of decree in installments within 1 year from today.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is at liberty to recover the amount with interest @ 12% till its realization if defendants fail to pay the above amount within 1 year.
Evidence:
III. If the defendants failed to pay the above amount within 1 year as stipulated above, the plaintiff is at a liberty to recover the amount with interest @ 12% till its realization.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize the costs of the suit from the defendants.
Evidence:
IV. Plaintiff is also entitled to realize the costs of the suit from the defendants at confessional scale.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank vs Yahu.P. regarding realization of money
Case Code Year
Case between Kerala Gramin Bank vs Yahu.P. regarding realization of money