Case Summary
The plaintiff Kerala Gramin Bank filed a suit against Baburaj K.P. and others for recovery of a loan amount due to default. The defendants did not file a written statement, and the evidence provided by the plaintiff remained unchallenged.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
Judgment Evidence:
Suit is decreed for the plaintiff to recover the specified amount with interest and costs from the defendant.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Defendants
Baburaj K.P. (44 Years years)
Kotheri Parambil, K.M. House, Kottakkal, Puthur amsom, Tirur Taluk
Anil Kumar K.P. (34 Years years)
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendant to pay Rs.1,43,157/- with 14% interest
Evidence:
Plaintiff adduced evidence in line with averments; Plaintiff entitled to a decree as prayed for
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Loan application for Rs.1,00,000/-
Reference:
Ext.A1
Document Type:
Agreement for MSME Working Capital Limits CC & OD
Submitted By:
Plaintiff
Relevance:
Agreement for MSME working capital limits dated 20.02.2015
Reference:
Ext.A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Promissory note for Rs.1,00,000/- dated 20.02.2015
Reference:
Ext.A3
Document Type:
Take delivery letter to Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Take delivery letter to demand promissory note dated 20.02.2015
Reference:
Ext.A4
Document Type:
Guarantee Agreement with Guarantee Covering Letter
Submitted By:
Plaintiff
Relevance:
Guarantee agreement with covering letter dated 20.02.2015
Reference:
Ext.A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Acknowledgment of debt and security dated 08.09.2017
Reference:
Ext.A6
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Statement of accounts showing due amount of Rs.1,40,680/- as on 27.02.2018
Reference:
Ext.A7