Case Summary
The Federal Bank filed a suit against Sainudheen to recover an outstanding loan amount of Rs.2,31,672/- with interest for defaulting on repayment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Realization of outstanding loan amount with interest
Case Type
Civil Suit - Loan Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
The plaintiff adduced evidence in tune with the averments in the plaint. The evidence adduced by the plaintiff remained unchallenged. I find no reason to disbelieve PW.1. The plaintiff has proved its case by the oral evidence of PW.1 and documents produced in this case.
Parties Involved
Plaintiffs
The Federal Bank Limited (Age not specified years)
Valachery Branch
Defendants
Sainudheen. C.P (49 years)
Charayanparambil House, Moonnakkapalli Road, Tirur Tatuk.
Reliefs
Relief Type:
Loan Recovery
Outcome:
Granted
Description:
Realization of outstanding loan amount with interest
Evidence:
The plaintiff has proved its case by the oral evidence of PW.1 and documents produced in this case.
Documents & Evidence
Document Type:
Loan sanction order
Submitted By:
Plaintiff
Relevance:
Proof of loan approval
Reference:
A1
Document Type:
Consent letter
Submitted By:
Plaintiff
Relevance:
Acknowledgement of loan terms by defendant
Reference:
A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Legal commitment to repay the loan amount
Reference:
A3
Document Type:
Security Delivery Letter
Submitted By:
Plaintiff
Relevance:
Security provided for the loan
Reference:
A4
Document Type:
Agreement for personal loan
Submitted By:
Plaintiff
Relevance:
Loan agreement detailing repayment terms
Reference:
A5
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Notice sent to the defendant regarding default
Reference:
A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement showing outstanding amount due
Reference:
A7