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
Why Plaintiff Won:
The defendant admitted the plaint claim through his written statement.
The defendant admitted the plaint claim 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
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Thirunavaya - Branch.
Defendants
Yahu.P. (61 years years)
Pilatheth House, Ananthavoor amsom & Post, Konnallur, Tirur Taluk.
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.