Case Summary
Kerala Gramin Bank filed a suit against the defendants seeking to recover a loan amount along with accrued interest due to non-repayment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money Recovery with Interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
The suit is decreed as follows: 1. The defendant is hereby directed to pay the sum of Rs. 1,07,556/- to the plaintiff with 12% per annum from the date of suit till today and thereafter interest of 6% per annum. 2. The defendants shall pay the costs of the suit to the plaintiff.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Tanalur - Branch.
Defendants
Rajesh Kumar (11 years)
Chittilappilli House, Vattathani, P.O.Keraladheswarapuram, Keraladheswarapuram amson), Tirur Taluk.
Devarajan (48 years)
Maliyekkal House, Vattathani, P.O. Tanalur, Tanalur amsom, Tirur Taluk.
Reliefs
Relief Type:
Money Recovery with Interest
Outcome:
Granted
Description:
Defendants directed to pay sum of Rs. 1,07,556/- with interest to plaintiff
Evidence:
The suit is decreed as follows: 1. The defendant is hereby directed to pay the sum of Rs. 1,07,556/- to the plaintiff with 12% per annum from the date of suit till today and thereafter interest of 6% per annum. 2. The defendants shall pay the costs of the suit to the plaintiff.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Evidence of the loan application by the first defendant.
Reference:
A1
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Document related to the loan agreement.
Reference:
A2
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
Document related to loan delivery details.
Reference:
A3
Document Type:
Agreement for Retail Credit Card
Submitted By:
Plaintiff
Relevance:
Document related to credit card agreement.
Reference:
A4
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Document where defendant acknowledges the debt and security.
Reference:
A5
Document Type:
Application seeking Restructuring facility
Submitted By:
Plaintiff
Relevance:
Document related to loan restructuring.
Reference:
A6
Document Type:
Restructured Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
Document sanctioning restructured loan.
Reference:
A7
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Document related to the loan agreement.
Reference:
A8
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
Loan delivery details document.
Reference:
A9
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Document of acknowledgment of the debt and security.
Reference:
A10
Document Type:
True Copy of Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Certified accounts showing details of entry under Bank Book Evidence Act.
Reference:
A11
Document Type:
True Copy of Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Certified accounts showing details of entry under Bank Book Evidence Act.
Reference:
A12