Case Summary
M/s. Kerala Gramin Bank is seeking the recovery of a loan amount from the defendants, who are not complying with the repayment terms. The plaintiff bank claims that the defendants have defaulted on the loan repayments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants are directed to pay an amount of 6,31,289/- with interest at the rate of 6% per annum.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence showed that the defendants had acknowledged their liability and failed to repay the loan as per the agreement.
The evidence showed that the defendants had acknowledged their liability and failed to repay the loan as per the agreement.
Judgment Evidence:
In the result, the suit is decreed as follows: I. The defendants are directed to pay to the plaintiff, an amount of 6,31,289/- with interest at the rate of 6% per annum from the date of institution of the suit, till its realisation from the defendants or their assets.
Parties Involved
Plaintiffs
M/s. Kerala Gramin Bank (Age not specified years)
Thrippunithura Branch, Ramachandra Buildings, Near Statue Jn., Thrippunithura
Defendants
Anooja Dineesh (30 years)
‘Pyari Nivas’, Canal Road, Kureekad P.O, Chottanikkara, Ernakulam, Pin – 682 305.
Dinesh K.I (68 years)
‘Pyari Nivas, Cananl Road, Kureekkad P.O, Chottanikkara, Ernakulam, Pin – 682 305.
Prasad K.N (54 years)
‘Kottarappatt’ House, Sooryarekha, Guruvayoor P.O, Thrissur District.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendants ordered to pay the plaintiff an amount of ₹6,31,289/- with interest
Evidence:
The defendants are directed to pay to the plaintiff, an amount of 6,31,289/- (Rupees six lakhs thirty one thousand two hundred and eighty nine only) with interest at the rate of 6% per annum from the date of institution of the suit
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff entitled to costs of the suit
Evidence:
the plaintiff is entitled to the costs of the suit from the defendants
Documents & Evidence
Document Type:
Articles of agreement
Submitted By:
Plaintiff
Relevance:
Executed by the defendants for the purpose of the loan
Reference:
Ext.A3
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
First defendant acknowledged the liability
Reference:
Ext.A5
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Demanded payment from the defendants
Reference:
Ext.A6
Document Type:
Order in WP(c) No. 169/2016
Submitted By:
Plaintiff
Relevance:
Provided terms to the first defendant for liability discharge
Reference:
Ext.A10
Document Type:
Letters
Submitted By:
Plaintiff
Relevance:
Requests for consideration and time for payments from the first defendant
Reference:
Ext.A11, Ext.A12
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Final demand for payment before initiating suit
Reference:
Ext.A13
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Showed payment history and outstanding amount
Reference:
Ext.A4
Document Type:
Certified copy of Gazette Notification
Submitted By:
Plaintiff
Relevance:
Proof of the bank's status
Reference:
Ext.A1
Document Type:
Application for term loan for higher education
Submitted By:
Plaintiff
Relevance:
Provided evidence of loan application by first defendant
Reference:
Ext.A2