Case Summary
Kerala Gramin Bank filed a suit against Ali V.A. for the realisation of a loan amount of Rs. 36,978 along with interest for non-repayment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realisation of the loan amount with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The defendant admitted to the suit claim, leading to the decree in favor of the plaintiff.
The defendant admitted to the suit claim, leading to the decree in favor of the plaintiff.
Judgment Evidence:
The plaintiff is entitled to fix the rate of interest as per the directives of the Reserve Bank of India. The plaintiff is keeping a true and correct account in respect of the suit transaction and Rs. 36,978/- is due from the defendant as on the date of the suit.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Valanchery, PO. Valanchery, Tirur Taluk
Defendants
Ali V.A. (54 years)
Vadakkanazhi Alikkal House, Kattiparuthi amsom, Painkannur desom, PO. Painkannur, Tirur Taluk, 679 571
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recovery of Rs. 36,978 with interest
Evidence:
The plaintiff is entitled to fix the rate of interest as per the directives of the Reserve Bank of India. Rs. 36,978/- is due from the defendant as on the date of the suit.