Case Summary
Kerala Gramin Bank is the plaintiff seeking to recover a loan amount from M/s. Thanal Swayam Sahaya Sangham and its members, who are the defendants. The defendants defaulted on repaying the loan taken from the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants are directed to pay Rs.6,04,794/- with future interest and costs of the suit.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, directing the defendants to pay an amount with interest for the loan default. The defendants failed to repay the loan despite the bank's repeated requests.
Why Plaintiff Won:
The plaintiff proved their case with unchallenged evidence and documents substantiating their claims.
The plaintiff proved their case with unchallenged evidence and documents substantiating their claims.
Losing Side's Weaknesses:
The plaintiff proved their case with unchallenged evidence and documents substantiating their claims.
The plaintiff proved their case with unchallenged evidence and documents substantiating their claims.
Supporting Evidence
The evidence of PW1 and the documents produced by him remains unchallenged. As such, I find that the plaintiff had proved his case and is entitled to a decree as prayed for.
Judgment Evidence:
In the result, suit is decreed as follows: 1)The defendants are directed to pay an amount of Rs.6,04,794/- (Rupees six lakhs four thousand seven hundred and ninety four only) with future interest at 12% per annum from the date of suit till the date of decree and with interest @ 6% per annum from the date of decree till its realization to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- M/s. Thanal Swayam Sahaya Sangham
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Mr. Goureesan. P
- Party Age
- 60
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Mr. Krishnan. K
- Party Age
- 57
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Mr. Libeesh. N. M
- Party Age
- 35
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Mr. Shaji. N. M
- Party Age
- 43
- Relation
- S/o
Plaintiffs Documents
Agreement executed by plaintiff and members of Self help Group, Articles of agreement for Linkage loans to Self Help Group, Pronote, Take delivery letter to DPN, Acknowledgment of debt and security of borrower.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. M. C. Rathnakaran
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendants are directed to pay an amount of Rs.6,04,794/- with future interest
Evidence:
The defendants are directed to pay an amount of Rs.6,04,794/- (Rupees six lakhs four thousand seven hundred and ninety four only) with future interest at 12% per annum from the date of suit till the date of decree and with interest @ 6% per annum from the date of decree till its realization to the plaintiff.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to realize costs of the suit from the defendants
Evidence:
The plaintiff is also entitled to realize costs of the suit from the defendants.
Documents & Evidence
Document Type:
Agreement
Submitted By:
Plaintiff
Relevance:
Agreement executed by plaintiff and members of Self Help Group
Reference:
Ext.A1
Document Type:
Articles of agreement
Submitted By:
Plaintiff
Relevance:
Articles of agreement for Linkage loans to Self Help Group
Reference:
Ext.A2
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Pronote
Reference:
Ext.A3
Document Type:
Take Delivery Letter
Submitted By:
Plaintiff
Relevance:
Take delivery letter to DPN
Reference:
Ext.A4
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Acknowledgment of debt and security of borrower
Reference:
Ext.A5
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Acknowledgment of debt and security of borrower
Reference:
Ext.A6
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Copy of lawyer notice
Reference:
Ext.A7
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
Postal receipts 17 Nos.
Reference:
Ext.A8
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of account
Reference:
Ext.A9
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Recovery of money
Case Code
Case between Kerala Gramin Bank vs M/s. Thanal Swayam Sahaya Sangham et al regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs M/s. Thanal Swayam Sahaya Sangham et al regarding realisation of money