Case Summary
Kerala Gramin Bank filed a suit against Shahul Hameed and P. Kader for defaulting on an educational loan taken for the purpose of the first defendant's education.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of Loan Amount with Interest and Costs
Case Type
Civil Suit - Recovery of Loan
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
In the result, the suit is decreed as follows. Plaintiff is allowed to realize an amount of Rs.1,55,227/- with interest at the rate of 14.25% per annum from the date of suit...
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Kuttippuram Branch
Defendants
Shahul Hameed (26 years)
Pilathethu House, PO. Naduvattom, Naduvattom amsom, Tirur Taluk
P. Kader (56 years)
Pilathethu House, PO. Naduvattom, Naduvattom amsom, Tirur Taluk
Reliefs
Relief Type:
Recovery of Loan Amount
Outcome:
Granted
Description:
Recovery of loan amount with interest at 14.25% per annum and costs
Evidence:
The suit is decreed as follows. Plaintiff is allowed to realize an amount of Rs.1,55,227/- with interest at the rate of 14.25% per annum from the date of suit...
Relief Type:
Costs Recovery
Outcome:
Granted
Description:
Plaintiff's entitlement to realize the costs of the suit from the defendants
Evidence:
The suit is decreed as follows. Plaintiff is allowed to realize an amount of Rs.1,55,227/- with interest at the rate of 14.25% per annum from the date of suit...
Documents & Evidence
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
Defendants' loan application for educational purpose
Reference:
A1
Document Type:
Educational Loan Agreement
Submitted By:
Plaintiff
Relevance:
Agreement executed for educational loan facility
Reference:
A2
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Defendants' acknowledgments of debt executed at different dates
Reference:
A3, A4, A5
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Shows the total due amount from defendants
Reference:
A7