Case Summary
Kerala Gramin Bank filed a suit against Pratheeksha JLG Vizhinjam Unit and other defendants for recovery of a loan amount. The defendants defaulted on repayment despite multiple reminders.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is allowed to realize an amount Rs. 1,64,151/- from the defendants jointly and severally.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the outstanding loan amount from the defendants.
Why Plaintiff Won:
Plaintiff's unchallenged evidence proved its case.
Plaintiff's unchallenged evidence proved its case.
Losing Side's Weaknesses:
Plaintiff's unchallenged evidence proved its case.
Plaintiff's unchallenged evidence proved its case.
Supporting Evidence
Plaintiff's unchallenged evidence prove its case and it is entitled to a decree to realise the amount from the defendants.
Judgment Evidence:
In the result, the suit is decreed with costs and plaintiff is allowed to realise an amount Rs. 1,64,151/- (Rupees One lakh Sixty Four thousand One hundred and Fifty One only) from the defendants jointly and severally with interest at the rate of 15% per annum for the principal amount from the date of suit till date of realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- represented by its branch manager Nijin.S.R.
- Party Role
- Defendant
- Party Name
- Pratheeksha JLG Vizhinjam Unit
- Relation
- represented by it’s President Jinni.S
- Party Role
- Defendant
- Party Name
- Jinni.S
- Party Age
- 25
- Relation
- W/o Seeji
- Party Role
- Defendant
- Party Name
- Sudha.S.
- Party Age
- 46
- Relation
- W/o Sasikumar
- Party Role
- Defendant
- Party Name
- Stancy Wilfred
- Party Age
- 32
- Relation
- W/o Prafin Lopez
- Party Role
- Defendant
- Party Name
- Sindhuyathra
- Party Age
- 38
- Relation
- W/o Binu
Plaintiffs Documents
Joint Liability Group (JLG) Schemes loan application dated 30.11.2016, Original pronote dated 30.11.2016, Original of take delivery letter to DPN dated 30.11.2016.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.Gayathri.R.Krishnan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. Kanjiramattom.T.K.Siraj
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is allowed to recover an amount of Rs. 1,64,151/- from the defendants.
Evidence:
Thus, the suit is decreed with costs and plaintiff is allowed to realise an amount Rs. 1,64,151/- (Rupees One lakh Sixty Four thousand One hundred and Fifty One only) from the defendants jointly and severally with interest at the rate of 15% per annum for the principal amount from the date of suit till date of realisation.
Documents & Evidence
Document Type:
Joint Liability Group (JLG) Schemes loan application
Submitted By:
Plaintiff
Relevance:
This document is the loan application submitted by the defendants for obtaining the loan.
Reference:
Ext.A1
Document Type:
Original Pronote
Submitted By:
Plaintiff
Relevance:
This document confirms the loan issued to the defendants.
Reference:
Ext.A2
Document Type:
Original of take delivery letter to DPN
Submitted By:
Plaintiff
Relevance:
This document evidences the delivery of the loan amount to the defendants.
Reference:
Ext.A3
Document Type:
True extract of the statement of account
Submitted By:
Plaintiff
Relevance:
This document provides the account statement showing the outstanding loan amount.
Reference:
Ext.A4
Document Type:
Original Inter-Se agreement
Submitted By:
Plaintiff
Relevance:
This agreement was executed by the defendants as security for the loan repayment.
Reference:
Ext.A5
Document Type:
Original Letter of Consent cum Guarantee cum Hypothecation Agreement for JLG loans
Submitted By:
Plaintiff
Relevance:
This document shows the defendants' consent and agreement regarding the hypothecation of assets for the loan.
Reference:
Ext.A6
Document Type:
Original of Acknowledgment of debt and security
Submitted By:
Plaintiff
Relevance:
This document acknowledges the ongoing debt of the defendants.
Reference:
Ext.A7
Document Type:
Copy of legal notice
Submitted By:
Plaintiff
Relevance:
This legal notice was sent to the defendants regarding the loan default.
Reference:
Ext.A8
Document Type:
Acknowledgement Card
Submitted By:
Plaintiff
Relevance:
These acknowledgement cards serve as proof of delivery of notices sent to the defendants.
Reference:
Ext.A9 series
Document Type:
Returned Advocate Notices
Submitted By:
Plaintiff
Relevance:
These notices were returned indicating that the defendants failed to respond.
Reference:
Ext.A10 series
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Recovery of money
Case Code
OS.NO.
Case Code Year
2022