Case Summary
Kerala Gramin Bank filed a suit against Hussain T.K. Alias Hassan seeking recovery of loan amount along with interest and penal charges.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Repayment of loan amount with interest
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
Why Plaintiff Won:
The defendant admitted the suit claim, leading to the plaintiff being entitled to a decree as prayed for.
The defendant admitted the suit claim, leading to the plaintiff being entitled to a decree as prayed for.
Judgment Evidence:
In the result, the suit is decreed as follows: Defendant do pay the plaintiff an amount of Rs. 1,76,576/- (One Lakh Seventy six thousand five hundred and seventy six only) with interest at the rate of 12 % per annum on the principal sum of Rs.1,66,173/- from the date of suit till today and thereafter at the rate of 6% per annum till realisation.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Defendants
Hussain T.K. Alias Hassan (45 years)
Thonikkadavath House, Kattilangadi
Reliefs
Relief Type:
Recovery of Money
Outcome:
Granted
Description:
Repayment of loan amount with interest
Evidence:
The plaintiff is entitled to realise the costs of the suit at a confessional scale from the defendant.