Case Summary
Kerala Gramin Bank filed a suit against the defendants seeking realization of money owed due to a loan taken by the first defendant with the second defendant as a co-obligant.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of Rs. 53,194 with interest
Case Type
Civil Suit - Money Realization
Final Judgment
No
The court decreed the defendants to pay Rs. 53,194 to the plaintiff bank with interest at 12% per annum from the date of the suit.
Why Plaintiff Won:
The plaintiff proved the case by adducing cogent and reliable evidence.
The plaintiff proved the case by adducing cogent and reliable evidence.
Losing Side's Weaknesses:
The plaintiff proved the case by adducing cogent and reliable evidence.
The plaintiff proved the case by adducing cogent and reliable evidence.
Supporting Evidence
The plaintiff has proved his case by adducing cogent and reliable evidence. So, the plaintiff is entitled to the judgment.
Judgment Evidence:
The suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs. 53,194/- (Rupees Fifty three thousand one hundred and ninety four only) to the plaintiff with interest there on at the rate of 12% per annum from the date of suit till today and thereafter at the rate of 6% per annum till the date of realization on Rs.52,782/- (Fifty two thousand seven hundred and eighty two only). II. The defendants shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Yoosuf.T.
- Party Age
- 41
- Relation
- S/o Eni
- Party Role
- Defendant
- Party Name
- Sareena
- Party Age
- 34
- Relation
- W/o Yoosuf. T.
Plaintiffs Documents
Pronote dated 28-9-2013, Take delivery letter to DPN dated 28-9-2013, Lawyer Notice dated 19-9-2015, Acknowledgement of Debt and Security of Borrower/Co obligant dated 1-6-2016, Statement of accounts
Defendants Documents
Not available
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.S. .Hariharan
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Money Realization
Outcome:
Granted
Description:
The defendants are directed to pay Rs. 53,194 to the plaintiff with interest.
Evidence:
Via the judgment where the court decreed the defendants to pay the specified amount.
Documents & Evidence
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Dated 28-9-2013, forms a crucial part of the evidence for the loan transaction.
Reference:
A1
Document Type:
Take Delivery Letter
Submitted By:
Plaintiff
Relevance:
Dated 28-9-2013, essential document related to the loan terms.
Reference:
A2
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Dated 19-9-2015, signifies attempts to resolve the issue before litigation.
Reference:
A3
Document Type:
Acknowledgement of Debt and Security
Submitted By:
Plaintiff
Relevance:
Dated 1-6-2016, acknowledgment of the defendants' liability.
Reference:
A4
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Details the amount due from the defendant as per plaintiff's records.
Reference:
A5
Case Classification
Case Type
Civil Suit - Money Realization
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Case Code
Case between Kerala Gramin Bank vs Yoosuf.T. et al regarding money realization
Case Code Year
Case between Kerala Gramin Bank vs Yoosuf.T. et al regarding money realization