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ORIGINAL SUIT No. 331 OF 2017

Case between Kerala Gramin Bank vs Abdul Azeez et al regarding loan recovery

Court
Court of the Munsiff of Tirur
Judge
Smt. Vincy.T.V.
Order Date
2018-04-13
Duration
3 years
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Case Summary

Kerala Gramin Bank filed a suit against Abdul Azeez seeking recovery of a loan amount with interest due to non-payment and violation of loan terms.

Judgment Outcome

Plaintiff Won
Interim Order
The court decreed the suit in favor of the plaintiff, directing the defendant to pay the loan amount with interest and costs.
Judgment Favored
Plaintiff
Relief Granted
Money Recovery with Interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved its case by adducing cogent and reliable evidence.

Judgment Evidence:

The suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.31,308/- (Rupees Thirty one thousand three hundred and eight only) to the plaintiff with interest there on at the rate of 8% per annum from the date of suit till the date of realisation II. The defendant shall pay the costs of the suit to the plaintiff. (Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in open court, this the 13th day of April, 2018). MUNSIFF.

Parties Involved

Plaintiffs

Kerala Gramin Bank (Age not specified years) Kottakkal Branch

Defendants

Abdul Azeez (51 years) Paramban House, Arichole, Kottakkal, P.O.Puthur, Puthur amsom, Tirurangadi Taluk

Reliefs

Relief Type: Money Recovery
Outcome: Granted
Description:
Directed the defendant to pay the sum of Rs.31,308/- to the plaintiff with interest.
Evidence:
The suit is decreed as follows: I. The defendant is hereby directed to pay the sum of Rs.31,308/- (Rupees Thirty one thousand three hundred and eight only) to the plaintiff with interest there on at the rate of 8% per annum from the date of suit till the date of realisation.
Relief Type: Costs of Suit
Outcome: Granted
Description:
Defendant to pay the costs of the suit to the plaintiff.
Evidence:
The suit is decreed as follows: II. The defendant shall pay the costs of the suit to the plaintiff. (Dictated to the Confidential Assistant, transcribed by her, corrected by me and pronounced in open court, this the 13th day of April, 2018). MUNSIFF.

Documents & Evidence

Document Type: Application for Personal Loan
Submitted By: Plaintiff
Relevance:
Loan application dated 9-12-2014.
Reference:
A1
Document Type: Request for Overdraft Facilities
Submitted By: Plaintiff
Relevance:
Request for overdraft facilities dated 9-12-2014.
Reference:
A2
Document Type: Pronote
Submitted By: Plaintiff
Relevance:
On-demand promissory note dated 9-12-2014.
Reference:
A3
Document Type: Take Delivery Letter to DPN
Submitted By: Plaintiff
Relevance:
Take delivery letter to demand promissory note dated 9-12-2014.
Reference:
A4
Document Type: Agreement for MSME Working Capital Limits-CC&OD
Submitted By: Plaintiff
Relevance:
Agreement for MSME working capital limits-CC&OD dated 9-12-14.
Reference:
A5
Document Type: Copy of Lawyer Notice
Submitted By: Plaintiff
Relevance:
Copy of lawyer notice dated 28-9-2017.
Reference:
A6
Document Type: Statement of Account
Submitted By: Plaintiff
Relevance:
Statement of account for the period of 9-12-2014 to 3-11-2017.
Reference:
A7

Quick Facts

Location
Tirur
Case Filed
Thu, 04/13/2017 - 12:00
Outcome Confidence
95%

Involved Entities

Bank

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