Case Summary
Kerala Gramin Bank is the plaintiff seeking to recover a loan of ₹78,180 from Indira Ponnan and Ponnappan. The defendants failed to repay the loan despite multiple reminders.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realise an amount of ₹78,180 together with 6% interest from the date of decree till realisation and cost of the suit.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of Kerala Gramin Bank, allowing them to recover the outstanding loan amount with interest from the defendants.
Why Plaintiff Won:
The plaintiff established his case warranting the grant of relief sought for.
The plaintiff established his case warranting the grant of relief sought for.
Losing Side's Weaknesses:
The plaintiff established his case warranting the grant of relief sought for.
The plaintiff established his case warranting the grant of relief sought for.
Supporting Evidence
From the uncontroverted testimony of PW1 and Ext.A1 to A7 documents the plaintiff had established his case warranting the grant of relief sought for.
Judgment Evidence:
In the result, the suit decreed with costs. Plaintiff is entitled to realise an amount of ₹78,180 together with 6% interest from the date of decree till realisation and cost of the suit from the defendants and their assets both movable and immovable.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Indira Ponnan
- Party Age
- 65
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Ponnappan. C
- Party Age
- 68
- Relation
- S/o
Plaintiffs Documents
Original Loan Application, Loan Sanction Communication to borrowers, Memorandum of agreement for agriculture, Pronote, Acknowledgment of Debit and Security, Statement of account Certificate Under Section 2A of The Bankers Book Evidence Act 1891
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Feroz. A.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover an amount of Rs.78,180/- along with interest.
Evidence:
In the result, the suit decreed with costs Plaintiff is entitled to realise an amount of Rs.78,180/- (Rupees Seventy Eight Thousand One Hundred and Eighty only) together with 6% interest from the date of decree till realisation and cost of the suit from the defendants and their assets both movable and immovable.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original Loan Application evidencing the loan taken by the defendants.
Reference:
Ext.A1
Document Type:
Loan Sanction communication
Submitted By:
Plaintiff
Relevance:
Loan Sanction Communication to borrowers regarding the approval of the loan.
Reference:
Ext.A2
Document Type:
Memorandum of agreement for agriculture
Submitted By:
Plaintiff
Relevance:
Memorandum of agreement detailing the terms of the agricultural loan.
Reference:
Ext.A3
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Pronote executed by the defendants promising to repay the loan.
Reference:
Ext.A4
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Acknowledgment of the debt by the defendants in favor of the plaintiff bank.
Reference:
Ext.A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Further acknowledgment of the debt by the defendants.
Reference:
Ext.A6
Document Type:
Statement of account Certificate
Submitted By:
Plaintiff
Relevance:
Certificate under Section 2A of The Bankers Book Evidence Act evidencing outstanding dues.
Reference:
Ext.A7
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank vs Indira Ponnan et al regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs Indira Ponnan et al regarding realisation of money