Case Summary
The plaintiff, Kerala Gramin Bank, is suing the defendant, Dasan, for non-payment of an agricultural loan amounting to Rs. 56,677. The defendant failed to repay the loan despite repeated demands, leading to the suit being filed.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant shall pay an amount of Rs. 57,196/- to the plaintiff with interest @ 11% per annum from the date of suit till the date of decree.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed in favor of the plaintiff, ordering the defendant to pay Rs. 57,196 with interest to the plaintiff.
Why Plaintiff Won:
The plaintiff bank succeeded due to the unchallenged evidence provided by its witness and the terms agreed upon in the loan agreement.
The plaintiff bank succeeded due to the unchallenged evidence provided by its witness and the terms agreed upon in the loan agreement.
Losing Side's Weaknesses:
The plaintiff bank succeeded due to the unchallenged evidence provided by its witness and the terms agreed upon in the loan agreement.
The plaintiff bank succeeded due to the unchallenged evidence provided by its witness and the terms agreed upon in the loan agreement.
Supporting Evidence
The evidence of PW1, supported by the documentary evidence, stands unchallenged. As such this court finds that the plaintiff has succeeded to prove his case.
Judgment Evidence:
In the result, the suit is decreed as follows: 1) The defendant shall pay an amount of Rs. 57,196/- to the plaintiff with interest @ 11% per annum from the date of suit till the date of decree and with future interest at the rate of 6% from the date of decree till realisation of the decree amount.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Plaintiff
- Party Name
- Preetha M.
- Relation
- W/o. Surendran
- Party Role
- Defendant
- Party Name
- Dasan
- Party Age
- 59
- Relation
- S/o
Plaintiffs Documents
Loan application submitted by Dasan, Memorandum of agreement for agricultural loan, Loan sanction communication, Copy of lawyer notice, Statement of account of Dasan.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- A. Girish Kumar
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant shall pay an amount of Rs. 57,196/- to the plaintiff with interest.
Evidence:
In the result, the suit is decreed as follows: 1) The defendant shall pay an amount of Rs. 57,196/- to the plaintiff with interest @ 11% per annum from the date of suit till the date of decree and with future interest at the rate of 6% from the date of decree till realisation of the decree amount.
Relief Type:
Cost
Outcome:
Granted
Description:
The plaintiff shall also be entitled to realise the costs of the suit.
Evidence:
The plaintiff shall also be entitled to realise the costs of the suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted by Dasan to the Kerala Gramin Bank, Chamal.
Reference:
Ext.A1
Document Type:
Memorandum of Agreement for Agricultural Loan
Submitted By:
Plaintiff
Relevance:
Entered into between Kerala Gramin Bank, Chamal and Dasan.
Reference:
Ext.A2
Document Type:
Loan Sanction communication
Submitted By:
Plaintiff
Relevance:
Issued by Kerala Gramin Bank to Dasan.
Reference:
Ext.A3
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Sent by Adv. A. Gireesh Kumar to Dasan.
Reference:
Ext.A4
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Related to the lawyer notice sent to Dasan.
Reference:
Ext.A4(a)
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Of Dasan issued by Kerala Gramin Bank, Chamal.
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 1 Kozhikode
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank et al vs Dasan regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank et al vs Dasan regarding realisation of money