Case Summary
Kerala Gramin Bank filed a suit against Suresh Kumar for the realization of a loan amount that had not been repaid. Despite the court's summons, the defendant did not appear, leading to a judgment in favor of the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Decree to realize Rs.3,11,872/- with interest
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit, ordering the defendant to pay Kerala Gramin Bank an amount of Rs.3,11,872/- along with interest. The suit was decided in favor of the plaintiff due to the defendant's failure to appear.
Why Plaintiff Won:
The plaintiff proved its case through unchallenged evidence.
The plaintiff proved its case through unchallenged evidence.
Losing Side's Weaknesses:
The plaintiff proved its case through unchallenged evidence.
The plaintiff proved its case through unchallenged evidence.
Supporting Evidence
Plaintiff's unchallenged evidence proves its case and it is entitled to a decree to realise the amount from the defendant.
Judgment Evidence:
In the result, the suit is decreed with costs and defendant shall pay an amount of Rs.3,11,872/- (Rupees Three lakhs Eleven thousand Eight hundred and Seventy Two only) to the plaintiff with interest at the rate of 12.60% per annum for the principal amount from the date of suit till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Kerala Gramin Bank
- Relation
- represented by its Branch Manager, Jyothi P Ninan
- Party Role
- Defendant
- Party Name
- Suresh Kumar. S
- Party Age
- 56
- Relation
- S/o
Plaintiffs Documents
Loan Application dated 17.12.2021, Loan Agreement for Non-Farm Sector Term loans dated 17.12.2021, Copy of Statement of Account dated 31.05.2024, Loan Sanction Communication dated 17.12.2024, Copy of Advocate Notice dated 31.07.2023, Acknowledgment Card dated 04.08.2023
Defendants Documents
Nil
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
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri.Jijith Raj. J.S
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff sought to recover the loan amount due from the defendant.
Evidence:
the suit is decreed with costs and defendant shall pay an amount of Rs.3,11,872/- (Rupees Three lakhs Eleven thousand Eight hundred and Seventy Two only) to the plaintiff with interest at the rate of 12.60% per annum for the principal amount from the date of suit till date of realization.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Document evidencing the application for the loan made by the defendant.
Reference:
Ext.A1
Document Type:
Loan Agreement for Non-Farm Sector Term loans
Submitted By:
Plaintiff
Relevance:
Document confirming the terms and conditions agreed upon for the loan.
Reference:
Ext.A2
Document Type:
Copy of Statement of Account with Certificate
Submitted By:
Plaintiff
Relevance:
Document detailing the financial transactions indicating the amount owed.
Reference:
Ext.A3
Document Type:
Loan Sanction communication
Submitted By:
Plaintiff
Relevance:
Document that informs the defendant about the approval of the loan.
Reference:
Ext.A4
Document Type:
Copy of Advocate Notice
Submitted By:
Plaintiff
Relevance:
Legal notice sent to the defendant regarding the debt repayment.
Reference:
Ext.A5
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Document providing proof of receipt of the advocate notice by the defendant.
Reference:
Ext.A6
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
OS.NO.
Case Code Year
2024