Case Summary
Kerala Gramin Bank filed a suit against defendants for the realisation of a loan amount with interest at the specified rate.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of Loan Amount with Interest
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved the loan agreement and default in repayments by the defendants.
The plaintiff proved the loan agreement and default in repayments by the defendants.
Judgment Evidence:
In the result, the suit is decreed as follows: Plaintiff is allowed to realise an amount of Rs.1,25,342/- with interest at the rate of 12 % per annum from the date of suit.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Purathur- Branch
Defendants
C. Gireesan (39 years)
Chettiyattil House, Aaspathripadi, Post Muttannur, Purathur amsom, Tirur Taluk
C.K. Krishnan Kutty (46 years)
Chakkumkulangara House, Post Muttannur, Purathur amsom, Tirur Taluk
Reliefs
Relief Type:
Realization of Loan Amount with Interest
Outcome:
Granted
Description:
Plaintiff is allowed to realise an amount with interest from the defendants and their assets.
Evidence:
The suit is decreed as follows: Plaintiff is allowed to realise an amount of Rs.1,25,342/- with interest at the rate of 12 % per annum from the date of suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Proved loan application for the amount
Reference:
Ext.A1
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Defendants acknowledged the debt in writing
Reference:
Ext.A7