Case Summary
Kerala Gramin Bank filed a suit against Ummer and Subaida for the recovery of a loan amount due to default on repayment terms.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money recovery with future interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved its case with reliable evidence including the loan application, memorandum of agreement, lawyer notice, and statement of accounts.
The plaintiff proved its case with reliable evidence including the loan application, memorandum of agreement, lawyer notice, and statement of accounts.
Judgment Evidence:
Suit is decreed as follows: The defendants are hereby directed to pay an amount of Rs 1,42,332/- with a future interest @ 9% per annum on the principal amount of Rs.1,37,614/- till the date of realization.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Koottayi - Branch
Defendants
Ummer (55 years)
Musliyar Veettil Tharayil, Matteriyil House, P.O.Vettom, Vettom amsom, Tirur Taluk
Subaida (48 years)
Musliyar Veettil Tharayil, Matteriyil House, P.O.Vettom, Vettom amsom, Tirur Taluk
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
The defendants are directed to pay an amount of Rs 1,42,332/- with a future interest @ 9% per annum on the principal amount of Rs.1,37,614/- till the date of realization.
Evidence:
Suit is decreed as follows: The defendants are hereby directed to pay an amount of Rs 1,42,332/- with a future interest @ 9% per annum on the principal amount of Rs.1,37,614/- till the date of realization.
Documents & Evidence
Document Type:
Agricultural Loan application
Submitted By:
Plaintiff
Relevance:
Documented the loan application details.
Reference:
A1
Document Type:
Memorandum of Agreement for Agricultural Loan
Submitted By:
Plaintiff
Relevance:
Details of the loan agreement.
Reference:
A2
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Correspondence regarding non-payment.
Reference:
A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Provided details and particulars of the accounts.
Reference:
A4