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O.S No. 1065/2023

Case between M/s Kerala Gramin Bank, Thiruvankulam Branch vs Sreekumar Karunakara Menon et al regarding recovery of money

Court
Court of the Munsiff, Ernakulam
Judge
Sri. Nanda Krishna M.
Order Date
2025-02-28
Duration
approximately-4 years 27 days

Judgement document from eCourt website

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Case Summary

M/s Kerala Gramin Bank filed a suit against Sreekumar Karunakara Menon and Vaisakh T.S for recovery of an agricultural loan of ₹70,000. The defendants failed to repay the amounts despite repeated demands, leading to the lawsuit.

Judgment Outcome

Plaintiff Won
Interim Order
The court ordered the defendants to pay ₹96,197.09 with interest of 9% per annum from the date of the suit until the decree date. If not paid, the plaintiff is entitled to recover the amount from the defendants' assets with additional post-decretal interest.
Judgment Favored
Plaintiff
Relief Granted
Defendants are ordered to pay ₹96,197.09 with interest.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.

Judgment Evidence:

In the result, the defendants should the plaintiff an amount of ₹96,197.09/- (Rupees Ninety Six Thousand and One Hundred and Ninety Seven and Paise Nine Only) with 9% interest per annum from the date of suit till the date of decree.

Parties Involved

Plaintiffs

M/s Kerala Gramin Bank (Age not specified years) Thiruvankulam Branch, Thiruvankulam, Ernakulam District

Defendants

Sreekumar Karunakara Menon (49 years) Lakshmi Nivas, Royal Palace Lane, Thiruvankulam, Pin – 682 305 Vaisakh T.S (32 years) ‘Thuruthippillil’ House, Kaippattoor, Pin – 682 313, Mulanthuruthy, Ernakulam District

Reliefs

Relief Type: Recovery
Outcome: Granted
Description:
The defendants are ordered to pay the plaintiff an amount of ₹96,197.09 with interest.
Evidence:
The defendants should the plaintiff an amount of ₹96,197.09/- (Rupees Ninety Six Thousand and One Hundred and Ninety Seven and Paise Nine Only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type: Cost
Outcome: Granted
Description:
The plaintiff is entitled to recover the costs of litigation.
Evidence:
The plaintiff is also entitled for the costs of the litigation.

Documents & Evidence

Document Type: Memorandum of agreement for agricultural loans
Submitted By: Plaintiff
Relevance:
Executed by the 1st defendant in favour of the plaintiff.
Reference:
Ext.A1
Document Type: Pronote
Submitted By: Plaintiff
Relevance:
Executed by the 1st defendant in favour of the plaintiff for ₹70,000/-.
Reference:
Ext.A2
Document Type: Take Delivery Letter
Submitted By: Plaintiff
Relevance:
Executed by the defendants in favour of the plaintiff.
Reference:
Ext.A3
Document Type: Certified Copy of the Statement of Account
Submitted By: Plaintiff
Relevance:
For the period of 02.02.21 to 03.10.23.
Reference:
Ext.A4
Document Type: Copy of Lawyer Notice
Submitted By: Plaintiff
Relevance:
Sent to the defendants demanding repayment.
Reference:
Ext.A5
Document Type: Postal Acknowledgment Card
Submitted By: Plaintiff
Relevance:
Signed by the 1st defendant acknowledging receipt of the legal notice.
Reference:
Ext.A6
Document Type: Returned Postal Envelop
Submitted By: Plaintiff
Relevance:
Of the 2nd defendant, which was returned unserved.
Reference:
Ext.A7

Quick Facts

Location
Case Filed
Tue, 02/02/2021 - 12:00
Outcome Confidence
85%

Involved Entities

Bank

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