Case Summary
Kerala Gramin Bank has filed a suit against Khairuneesa for the recovery of a loan amount. The defendant defaulted on the repayment of a credit facility availed for self-employment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
₹50,046/- (Rupees Fifty Thousand And Forty Six Only) together with interest at the rate of 13.6% per annum from 1/4/2024 till the date of realisation.
Case Type
Original Suit
Final Judgment
No
The court decreed the suit, allowing the plaintiff to recover the loan amount. The plaintiff is entitled to interest on the amount until realisation.
Why Plaintiff Won:
Evidence and documents provided by the plaintiff established the claim for the loan amount.
Evidence and documents provided by the plaintiff established the claim for the loan amount.
Losing Side's Weaknesses:
Evidence and documents provided by the plaintiff established the claim for the loan amount.
Evidence and documents provided by the plaintiff established the claim for the loan amount.
Supporting Evidence
The unchallenged evidence and documents fully establishes the case of plaintiff.
Judgment Evidence:
In the result, suit is decreed with costs as follows: Plaintiff is allowed to realise an amount of ₹50,046/- (Rupees Fifty Thousand And Forty Six Only) together with interest at the rate of 13.6% per annum from 1/4/2024 till the date of realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Khairuneesa
- Party Age
- 34
- Relation
- W/o
Plaintiffs Documents
Loan application, Promissory note, Take delivery letter to DPN, Agreement for MSME Working Capital limits CC&OD, Copy of lawyer notice, Postal receipt, Acknowledgment card, Statement of account, Acknowledgment of debt and security of borrower.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Sibin.V. Jose
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff allowed to recover amount due with interest.
Evidence:
In the result, suit is decreed with costs as follows: 1. Plaintiff is allowed to realise an amount of ₹50,046/- (Rupees Fifty Thousand And Forty Six Only) together with interest at the rate of 13.6% per annum from 1/4/2024 till the date of realisation.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff entitled to recover costs of the suit.
Evidence:
2. Plaintiff is also entitled to recover costs of the suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted as part of the plaintiff's evidence to support the loan claim.
Reference:
Ext.A1
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Executed by the defendant as evidence of the loan agreement.
Reference:
Ext.A2
Document Type:
Take Delivery Letter to DPN
Submitted By:
Plaintiff
Relevance:
Document evidencing the delivery and acceptance of terms related to the loan.
Reference:
Ext.A3
Document Type:
Agreement for MSME working capital limits
Submitted By:
Plaintiff
Relevance:
Agreement related to the working capital loan facilities extended to the defendant.
Reference:
Ext.A4
Document Type:
Lawyer notice, postal receipts and acknowledgment card
Submitted By:
Plaintiff
Relevance:
Legal notice sent to the defendant for repayment along with proofs of delivery.
Reference:
Ext.A5 series
Document Type:
Certified copy of Account statement
Submitted By:
Plaintiff
Relevance:
Account statement to show the outstanding balance and details of the loan.
Reference:
Ext.A6
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Document acknowledging the debt owed by the defendant.
Reference:
Ext.A7
Case Classification
Case Type
Original Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Non-payment of rent
Case Code
Case between Kerala Gramin Bank vs Khairuneesa regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs Khairuneesa regarding realisation of money