Case Summary
The plaintiff, Kerala Gramin Bank, is seeking to recover a loan amount due from the defendant self-help group, Archana Ayalkootam Unit, and its members. The defendants failed to repay the loan despite multiple reminders and notices.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹2,05,224/- with 6% interest from the date of the suit until the date of realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff for the recovery of ₹2,05,224/- with interest and costs against the defendants who failed to repay the loan amount despite reminders.
Why Plaintiff Won:
The documents produced by the plaintiff substantiate their claim of the outstanding loan amount.
The documents produced by the plaintiff substantiate their claim of the outstanding loan amount.
Losing Side's Weaknesses:
The documents produced by the plaintiff substantiate their claim of the outstanding loan amount.
The documents produced by the plaintiff substantiate their claim of the outstanding loan amount.
Supporting Evidence
The oral and documentary evidence adduced by PW1 proves that an amount of ₹2,05,224/- is outstanding in the loan accounts of the defendants as of 01-10-2014.
Judgment Evidence:
In the result; the suit is decreed as follows: a) The plaintiff is entitled to realize an amount of ₹2,05,224/- (Rupees Two Lakhs Five Thousand Two Hundred and Twenty-Four Only) remains due with 6% interest from the date of the suit until the date of realization from the defendants 1 to 11 and their assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- represented by its Manager, Leena
- Party Role
- Defendant
- Party Name
- Archana Ayalkootam Unit
- Relation
- represented by its President Shyma
- Party Role
- Defendant
- Party Name
- Shyma
- Party Age
- 32
- Relation
- W/o. Biju
- Party Role
- Defendant
- Party Name
- Shyni
- Party Age
- 32
- Relation
- W/o. Hari
- Party Role
- Defendant
- Party Name
- Kumari
- Party Age
- 42
- Relation
- W/o. Chandran
- Party Role
- Defendant
- Party Name
- Bindhu
- Party Age
- 37
- Relation
- W/o. Prasad
Plaintiffs Documents
Loan application No. 4643/2013, Take Delivery Letter to DPN, Promissory note, Copy of the bank statement, Articles of Agreement, Inter-se Agreement, Acknowledgment of debt
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt. Gayathri R. Krishnan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. P.N. Praveen
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the amount due along with interest.
Evidence:
The suit is decreed as follows: The plaintiff is entitled to realize an amount of ₹2,05,224/- (Rupees Two Lakhs Five Thousand Two Hundred and Twenty-Four Only) remains due with 6% interest from the date of the suit until the date of realization from the defendants 1 to 11 and their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover costs associated with the suit.
Evidence:
The plaintiff is also entitled to realize the costs of this suit from the defendants 1 to 11 and their assets.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
This document was submitted by the defendants requesting financial assistance, which led to the loan sanction.
Reference:
Ext.A1
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
This document confirms the acceptance of the loan amount by the defendants.
Reference:
Ext.A2
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
This document was executed by the defendants acknowledging their debt to the plaintiff bank.
Reference:
Ext.A3
Document Type:
Copy of the bank statement
Submitted By:
Plaintiff
Relevance:
This document shows the account transactions relevant to the loan and the outstanding amount due.
Reference:
Ext.A4
Document Type:
Articles of agreement
Submitted By:
Plaintiff
Relevance:
This document confirms the agreement among defendants to form a self-help group and take the loan.
Reference:
Ext.A5
Document Type:
Inter se Agreement
Submitted By:
Plaintiff
Relevance:
This document details the mutual agreement of defendants regarding their liability for the loan.
Reference:
Ext.A6
Document Type:
Acknowledgement of Debt
Submitted By:
Plaintiff
Relevance:
This document was signed by the defendants recognizing their debt to the plaintiff.
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
Case Code
OS.NO.
Case Code Year
2014