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
The suit was decreed in favor of the plaintiff with a monetary award and interest, along with costs.
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.
Losing Side's Weaknesses:
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.
Supporting Evidence
Judgment Evidence:
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The Federal Bank Limited, Vengola Branch of the Federal Bank Ltd
- Party Age
- 52
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Sarath Saji
- Party Age
- 28
- Relation
- S/o
Plaintiffs Documents
Computer printout of the customer inputs and details, Computer printout of the customer inputs, details and BYOM Loans terms and conditions, Computer printout of the customer inputs, details and BYOM Loans terms and conditions, Statment of account for the period from 24/01/22 to 26/01/22, Lawyer notice, Statement of account for the period from 25/01/22 to 05/12/24
Defendants Documents
Advocates
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
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Perumbavoor
Common Reasons
Non-payment of loan instalments
Case Code
Case between The Federal Bank Limited, Vengola Branch et al vs Sarath Saji regarding Realisation of Money
Case Code Year
Case between The Federal Bank Limited, Vengola Branch et al vs Sarath Saji regarding Realisation of Money