Case Summary
Kerala Gramin Bank initiated a suit against Subeera PT and others for the recovery of a loan amount. The defendants had defaulted on their repayment obligations as per the loan agreement.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Rs. 1,58,352/- with interest at the rate of 12% per annum and future interest at the rate of 6%.
Case Type
Civil Suit
Final Judgment
No
The court decreed that the plaintiff is entitled to recover a total of Rs. 1,58,352/- along with interest from the defendants. The court found in favor of the plaintiff due to the defendants' default on the loan agreement.
Why Plaintiff Won:
The evidence presented by the plaintiff demonstrated the defendants' failure to adhere to the loan repayment terms.
The evidence presented by the plaintiff demonstrated the defendants' failure to adhere to the loan repayment terms.
Losing Side's Weaknesses:
The evidence presented by the plaintiff demonstrated the defendants' failure to adhere to the loan repayment terms.
The evidence presented by the plaintiff demonstrated the defendants' failure to adhere to the loan repayment terms.
Supporting Evidence
The unchallenged evidence of PW1 and Exts. A1 to A7 would show that the plaintiff is entitled to a decree as prayed for.
Judgment Evidence:
In the result, the suit is decreed as follows: 1.The plaintiff is entitled to realise an amount of Rs. 1,58,352/-...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Subeera PT
- Party Age
- 33
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Subeera PT
- Party Age
- 33
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Molly
- Party Age
- 42
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Naseera
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Leela
- Party Age
- 56
- Relation
- W/o
Plaintiffs Documents
Loan application submitted by Anaswara and others, Inter se agreement executed by Molly and others, Letter of consent cum guarantee cum hypothecation agreement for JLG loan...
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. A Girish Kumar
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri.Hany K
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realise an amount of Rs. 1,58,352/- from the defendants with interest.
Evidence:
In the result, the suit is decreed as follows: 1.The plaintiff is entitled to realise an amount of Rs. 1,58,352/- (Rupees One Lakh Fifty Eight Thousand Three Hundred and Fifty Two only) from the defendants with interest at the rate of 12% per annum from the date of suit till the date of decree.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is also entitled to realise the costs of the suit from the defendants.
Evidence:
In the result, the suit is decreed as follows: 2.The plaintiff is also entitled to realise the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted by Anaswara and others to the Manager, Kerala Gramin Bank, Chamal.
Reference:
Ext.A1
Document Type:
Inter se Agreement
Submitted By:
Plaintiff
Relevance:
Executed by Molly TP and others to the Kerala Gramin Bank, Chamal.
Reference:
Ext.A2
Document Type:
Letter of consent cum guarantee cum hypothecation agreement
Submitted By:
Plaintiff
Relevance:
Executed by Subeera and another to Kerala Gramin Bank, Chamal.
Reference:
Ext.A3
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
For Rs. 2,50,000/- signed by Subeera and Molly TP.
Reference:
Ext.A4
Document Type:
Take Delivery Letter
Submitted By:
Plaintiff
Relevance:
Executed by Smt. Subeera and Molly TP to The Manager, Kerala Gramin Bank, Chamal Branch.
Reference:
Ext.A5
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Sent by Adv. A. Girish Kumar to Molly and others.
Reference:
Ext.A6
Document Type:
Bank Statement Extract
Submitted By:
Plaintiff
Relevance:
For the period from 07.09.2021 to 08.05.2023.
Reference:
Ext.A7
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 1 Kozhikode
Common Reasons
Case Code
Case between Kerala Gramin Bank vs Subeera PT et al regarding realisation of money
Case Code Year
Case between Kerala Gramin Bank vs Subeera PT et al regarding realisation of money