Case Summary
Kerala Gramin Bank sued Premachandran.CK for non-repayment of a loan, seeking to recover Rs. 29,607 with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of money with interest and costs
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
In the result, the suit is decreed as follows: 1. Plaintiff is allowed to realise an amount of Rs. 29,607/- (Rupees Twenty Nine Thousand Six Hundred and Seven only) with interest on Rs. 29,597 at the rate of 14% per annum from the date of suit till today and thereafter at the rate 6% per annum till realization from the defendant and his assets. 2. Plaintiff is entitled to realize costs of the suit from the defendant.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Venniyur - - Branch
Defendants
Premachandran.CK (47 years)
Chullikunnath House, P.O. Omachapuzha, Theyyala Via, Omachapuzha Amsom, Tirur Taluk, Malappuram District
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Realization of money with interest and costs
Evidence:
Documents & Evidence
Document Type:
Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
Execution of loan agreement
Reference:
A1
Document Type:
Acknowledgment
Submitted By:
Plaintiff
Relevance:
Acknowledgement of debt and security
Reference:
A2
Document Type:
Copy of Statement
Submitted By:
Plaintiff
Relevance:
Statement of accounts showing transaction details
Reference:
A3