Case Summary
M/s. Karnataka Bank Limited is seeking to recover money from the defendants who had availed an educational loan. The defendants acknowledged the debt but failed to repay despite repeated demands.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Amount of ₹5,65,484.47 with 6% interest and costs of the suit
Case Type
Civil Suit
Final Judgment
No
The court decrees in favor of the plaintiff, allowing them to recover the amount due along with interest. Payment will be postponed for six months, after which installments will be allowed.
Why Plaintiff Won:
The defendants acknowledged the debt and did not contest the claims made by the plaintiff.
The defendants acknowledged the debt and did not contest the claims made by the plaintiff.
Losing Side's Weaknesses:
The defendants acknowledged the debt and did not contest the claims made by the plaintiff.
The defendants acknowledged the debt and did not contest the claims made by the plaintiff.
Supporting Evidence
Defendants appeared and filed written statement admitting the plaint claim.
Judgment Evidence:
Plaintiff is allowed to realise an amount of ₹5,65,484.47/- with 6% interest from date of suit till realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- M/s. Karnataka Bank Limited
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Ananya.M
- Party Age
- 28
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Prabhakaran.M.T
- Party Age
- 76
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Vijaya Kumari
- Party Age
- 65
- Relation
- W/o
Plaintiffs Documents
Term loan agreement dated 26/12/2012
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. K. Sivadasan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sajna Muhammed Ali
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. M.K. Sareena
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realise an amount of ₹5,65,484.47/- with 6% interest from date of suit till realisation.
Evidence:
Plaintiff is allowed to realise an amount of ₹5,65,484.47/- (Rupees Five Lakhs Sixty Five Thousand Four Hundred and Eighty Four And Forty Seven Paise Only) with 6% interest from date of suit till realisation.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff is also allowed to recover costs of the suit in confessional scale.
Evidence:
Plaintiff is also allowed to recover costs of the suit in confessional scale.
Relief Type:
Other
Outcome:
Partly Granted
Description:
Payment of amount is postponed for a period of six months from the date of judgment.
Evidence:
As per the consensus by the parties, the payment of amount is postponed. But only for a period of six months from the date of judgment.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Recovery of money
Case Code
Case between M/s. Karnataka Bank Limited vs Ananya.M et al regarding realisation of money
Case Code Year
Case between M/s. Karnataka Bank Limited vs Ananya.M et al regarding realisation of money