Case Summary
Kerala Gramin Bank filed a suit against Sobha V for recovery of an agricultural loan due to default in repayment. The bank claims outstanding dues based on a loan agreement made in 2017.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realise an amount of Rs.59,246/- with 6% interest from the date of suit till the date of realisation and cost of the suit.
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 with interest from the defendant. The interest rate was set at 6% per annum.
Why Plaintiff Won:
The plaintiff established its case warranting the grant of relief sought for through uncontroverted testimony and documents.
The plaintiff established its case warranting the grant of relief sought for through uncontroverted testimony and documents.
Losing Side's Weaknesses:
The plaintiff established its case warranting the grant of relief sought for through uncontroverted testimony and documents.
The plaintiff established its case warranting the grant of relief sought for through uncontroverted testimony and documents.
Supporting Evidence
The uncontroverted testimony of PW1 and Exts.A1 to A5 documents the plaintiff had established its case warranting the grant of relief sought for.
Judgment Evidence:
In the result, the suit decreed with costs. Plaintiff is entitled to realise an amount of Rs.59,246/- (Rupees Fifty nine thousand two hundred and forty six only) with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant and her assets both movable and immovable.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Sobha V
- Party Age
- 51
- Relation
- W/o
Plaintiffs Documents
Original Loan Application, Original Memorandum of Agreement for Agricultural Loans, Original Acknowledgment of Debt and Security of Borrower/ Co-obligant, Statement of Accounts, Copy of Advocate Notice
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt. Gayathri R Krishnan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. Kanjiramattom T K Siraj
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the amount due from the defendant.
Evidence:
Thus, the suit is liable to decreed with costs. Plaintiff is entitled to realise an amount of Rs.59,246/- (Rupees Fifty nine thousand two hundred and forty six only) with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant and her assets both movable and immovable.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application submitted by the defendant.
Reference:
Ext.A1
Document Type:
Memorandum of agreement for agricultural loans
Submitted By:
Plaintiff
Relevance:
Agreement executed by the defendant for the loan.
Reference:
Ext.A2
Document Type:
Acknowledgment of Debt and Security of Borrower/Co-obligant
Submitted By:
Plaintiff
Relevance:
Acknowledgment executed by the defendant regarding the continuity of the loan.
Reference:
Ext.A3
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Shows the outstanding dues of the defendant to the plaintiff.
Reference:
Ext.A4
Document Type:
Copy of Advocate Notice
Submitted By:
Plaintiff
Relevance:
Notice sent to the defendant regarding the loan repayment.
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Non-payment of rent
Case Code
Case between Kerala Gramin Bank vs Sobha V regarding recovery of money
Case Code Year
Case between Kerala Gramin Bank vs Sobha V regarding recovery of money