Case Summary
Kerala Gramin Bank filed a suit against Sri.P.Sureshan and Smt.P.Sreeja for the recovery of a loan amount. The defendants defaulted on repayment despite repeated demands by the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants are directed to pay an amount of Rs.1,12,350/- with future interest.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of Kerala Gramin Bank, directing the defendants to pay the total due amount with interest. The plaintiff is also entitled to recover costs of the suit.
Why Plaintiff Won:
Plaintiff proved her case and entitlement to the decree.
Plaintiff proved her case and entitlement to the decree.
Losing Side's Weaknesses:
Plaintiff proved her case and entitlement to the decree.
Plaintiff proved her case and entitlement to the decree.
Supporting Evidence
The evidence of PW1 and the documents produced by her remains unchallenged. As such, I find that the plaintiff had proved her 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.1,12,350/- (Rupees one lakh twelve thousand three hundred and fifty only) with future interest at 12% per annum from the date of suit till the date of decree...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Party Role
- Defendant
- Party Name
- Sri.P.Sureshan
- Party Age
- 61
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Smt.P.Sreeja
- Party Age
- 50
- Relation
- W/o
Plaintiffs Documents
Pronote, Take delivery letter to DPN, Agreement for MSME working capital limits, Guarantee Agreement, Guarantee covering letter, Statement of account no.40177131006047, Copy of lawyer notice.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.Joseph E.D.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Deepu.B.V
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover the loan amount along with interest.
Evidence:
I find that the plaintiff had proved her case and is entitled to a decree as prayed for.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is also 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:
Pronote
Submitted By:
Plaintiff
Relevance:
Executed by the first defendant as part of the loan agreement.
Reference:
Ext.A1
Document Type:
Take Delivery Letter
Submitted By:
Plaintiff
Relevance:
Document outlining the terms under which the loan was provided.
Reference:
Ext.A2
Document Type:
Agreement for MSME working capital limits
Submitted By:
Plaintiff
Relevance:
Agreement detailing the business loan structure.
Reference:
Ext.A3
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
Guarantee executed by the second defendant for the loan repayment.
Reference:
Ext.A4
Document Type:
Guarantee covering letter
Submitted By:
Plaintiff
Relevance:
Document signed by the second defendant confirming her responsibility.
Reference:
Ext.A5
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Shows the overdue status of the loan including interest up to the specified date.
Reference:
Ext.A6
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Legal notice issued to the defendants regarding the default in payment.
Reference:
Ext.A7
Case Classification
Case Type
Civil 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 Sri.P.Sureshan et al regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs Sri.P.Sureshan et al regarding realisation of money