Case Summary
The case involves a suit for realisation of money brought by The Federal Bank Limited, Vengola Branch against Sarath Saji for defaulting on a Digital Personal Loan scheme.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
A sum of ₹5,66,820.44, interest at 6% per annum, and costs of the suit
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unchallenged evidence of PW1 and documents marked as Ext. A1 to A6 proves the case of the plaintiff.
The unchallenged evidence of PW1 and documents marked as Ext. A1 to A6 proves the case of the plaintiff.
Judgment Evidence:
Parties Involved
Plaintiffs
The Federal Bank Limited, Vengola Branch of the Federal Bank Ltd (52 Years years)
Bethsada Kiddies Park, P P Road, Vengola, Ernakulam District, Pin:683556
Defendants
Sarath Saji (28 years years)
Vanamkandam House, Vengola, Arakapady, Vengola P O, Ernakulam District, Kerala - - 683 556
Reliefs
Relief Type:
Money and Loan Recovery
Outcome:
Granted
Description:
Plaintiff awarded Rs. 5,66,820.44 with interest and costs
Evidence:
Suit decreed with costs as specified
Documents & Evidence
Document Type:
Computer printout of the customer inputs and details
Submitted By:
Plaintiff
Relevance:
Evidence of customer details and loan scheme
Reference:
Ext.A1
Document Type:
Computer printout of the customer inputs, details and BYOM Loans terms and conditions
Submitted By:
Plaintiff
Relevance:
Terms and conditions of the loan scheme
Reference:
Ext.A2
Document Type:
Computer printout of the customer inputs, details and BYOM Loans terms and conditions
Submitted By:
Plaintiff
Relevance:
Additional evidence of loan terms
Reference:
Ext.A3
Document Type:
Statment of account for the period from 24/01/22 to 26/01/22
Submitted By:
Plaintiff
Relevance:
Account statement showing loan disbursement
Reference:
Ext.A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Evidence of legal notice to defendant
Reference:
Ext.A5
Document Type:
Statement of account for the period from 25/01/22 to 05/12/24
Submitted By:
Plaintiff
Relevance:
Account statement highlighting default
Reference:
Ext.A6