Case Summary
The Federal Bank Ltd filed a suit against Femi P. Paul and others seeking repayment of a loan amount availed by the first defendant for educational purposes.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of loan amount with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed that the defendants pay Rs. 5,12,538 with 6% interest to the plaintiff bank.
Why Plaintiff Won:
According to PW1, an amount of Rs. 5,12,538 was due to the plaintiff as on 29-03-2015. The court found the plaintiff's claim valid based on the evidence presented.
According to PW1, an amount of Rs. 5,12,538 was due to the plaintiff as on 29-03-2015. The court found the plaintiff's claim valid based on the evidence presented.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
PW1 affirmed the due amount to the plaintiff based on the provided evidence.
Judgment Evidence:
Ext.A1 to A11 were marked on the part of the plaintiff as documentary evidence.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The Federal Bank Ltd
- Relation
- Represented by its Manager
- Party Role
- Defendant
- Party Name
- Femi.P. Paul
- Party Age
- 22
- Relation
- D/o P.M. Paul
- Party Role
- Defendant
- Party Name
- P.M. Paul
- Party Age
- 46
- Relation
- S/o Mathai
Plaintiffs Documents
Federal Vidhya Loan Application, Promissory Note, Security Delivery letter, Agreement for Federal Vidhya loan scheme, Agreement for availing benefit of latest subsidiary, Letter of confirmation of balance, Certified copy of the computerized ledger account
Defendants Documents
Not available
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.Mercyamma Mathew
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. M.P. Hussain
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
The defendants are directed to pay Rs.5,12,538 with 6% interest per annum.
Evidence:
The plaintiff provided documentary evidence supporting the amount due.
Documents & Evidence
Document Type:
Federal Vidhya Loan Application
Submitted By:
Plaintiff
Relevance:
Application for the loan amount
Reference:
Ext.A1
Document Type:
Certified copy of the computerized ledger account
Submitted By:
Plaintiff
Relevance:
Details of the outstanding dues
Reference:
Ext.A11
Case Classification
Case Type
Civil Suit - Money Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Case Code
Case between The Federal Bank Ltd vs Femi.P. Paul et al regarding loan agreement
Case Code Year
Case between The Federal Bank Ltd vs Femi.P. Paul et al regarding loan agreement