Case Summary
Kerala Gramin Bank filed a suit against P.P. Unnikrishnan for the realisation of money loaned under KCC scheme, as the defendant failed to repay the loan despite repeated demands.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money recovery with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
In the result, the suit is decreed as follows
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Valiyakunnu Branch
Defendants
P.P. Unnikrishnan (48 years)
Pookkuzhi Palliyalil House, Valiyakunnu amsom and Post, Tirur Taluk
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recovery of Rs. 69,349 with interest
Evidence:
Plaintiff is allowed to realise an amount of Rs. 69,349/- (Rupees Sixty Nine Thousand Three Hundred and Forty Nine only) with interest at the rate of 12% per annum from the date of suit till today, and thereafter at the rate of 6% per annum till realisation on Rs.67,086/- (Rupees Sixty Seven Thousand and Eighty Six only) from the defendant and their assets.
Relief Type:
Legal Costs
Outcome:
Granted
Description:
Plaintiff is entitled to realise costs of the suit from the defendant at confessional scale
Evidence:
Plaintiff is entitled to realise costs of the suit from the defendant at confessional scale.
Documents & Evidence
Document Type:
Memorandum of Agreement
Submitted By:
Plaintiff
Relevance:
Evidence of loan terms and conditions
Reference:
Document Type:
Lawyer Notice dated 6.12.2013
Submitted By:
Plaintiff
Relevance:
Evidence of demands made for loan repayment
Reference:
Document Type:
Bank records
Submitted By:
Plaintiff
Relevance:
Account details of the loan transaction
Reference: