Case Summary
The lawsuit involves The Federal Bank Ltd seeking recovery of an outstanding loan amount from the defendant, Ijas M.I, who failed to adhere to the repayment schedule. The bank claims that despite reminders and a legal notice, the defendant has not repaid the dues.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant ordered to pay Rs. 6,19,314 with interest.
Case Type
Civil Suit
Final Judgment
No
The court decreed that the defendant must pay Rs. 6,19,314 with interest and costs to the plaintiff. Failure to comply allows the plaintiff to recover the amount from the defendant's assets.
Why Plaintiff Won:
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
Losing Side's Weaknesses:
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
Supporting Evidence
The unchallenged proof affidavit and documents would satisfactorily prove the plaint claim.
Judgment Evidence:
In the result, The suit is decreed directing the defendant to pay an amount of 6,19,314/- (Rupees Six Lakhs Three Hundred and Fourteen Only) with 9% interest per annum from the date of suit till the date of decree.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The Federal Bank Ltd
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Ijas M.I
- Party Age
- 33
- Relation
- S/o
Plaintiffs Documents
Copy of KYC document of defendant, Computer print out of the general terms and conditions of the loan duly certified, Printout of the customer details of the defendant duly certified.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- M.S.Kiran
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Lisha William
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Rohith R Kartha
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- E.K.Remesh Kartha
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Directing the defendant to pay an amount due along with interest.
Evidence:
The suit is decreed directing the defendant to pay an amount of 6,19,314/- (Rupees Six Lakhs Three Hundred and Fourteen Only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Recovery
Outcome:
Granted
Description:
Entitlement to recover the decree amount from the defendant's assets.
Evidence:
In default, the plaintiff is entitled to recover the decree amount from the defendant and from his assets with post decretal interest @ 6% per annum.
Relief Type:
Other
Outcome:
Granted
Description:
Entitlement for the costs of litigation.
Evidence:
The plaintiff is also entitled for the costs of the litigation.
Documents & Evidence
Document Type:
Copy of KYC document of defendant
Submitted By:
Plaintiff
Relevance:
Identifies the defendant.
Reference:
Ext.A1
Document Type:
Computer print out of the general terms and conditions of the loan duly certified.
Submitted By:
Plaintiff
Relevance:
Details the terms of the loan agreement.
Reference:
Ext.A2
Document Type:
Printout of the customer details of the defendant duly certified under the Banker’s Books Evidence Act.
Submitted By:
Plaintiff
Relevance:
Provides verified customer information of the defendant.
Reference:
Ext.A3
Document Type:
Computer printout showing the particulars of the personal loan availed by the defendant duly certified under the Banker’s Books Evidence Act.
Submitted By:
Plaintiff
Relevance:
Details the particulars of the loan taken by the defendant.
Reference:
Ext.A4
Document Type:
Statement of account of the defendant issued by the Federal Bank Ltd, Palarivattom Branch.
Submitted By:
Plaintiff
Relevance:
Shows account transactions during the specified period.
Reference:
Ext.A5
Document Type:
Statement of account of the defendant issued by the Federal Bank Ltd, Palarivattom Branch.
Submitted By:
Plaintiff
Relevance:
Covers account transactions up until the date of suit.
Reference:
Ext.A6
Document Type:
Copy of the lawyer notice issued to the defendant.
Submitted By:
Plaintiff
Relevance:
Serves as evidence of the legal notice sent prior to the suit.
Reference:
Ext.A7
Document Type:
Postal receipts of lawyer notice.
Submitted By:
Plaintiff
Relevance:
Proof of dispatch of the legal notice to the defendant.
Reference:
Ext.A8
Document Type:
Returned cover along with Acknowledgment card of the legal notice.
Submitted By:
Plaintiff
Relevance:
Confirms receipt of the legal notice by the defendant.
Reference:
Ext.A9
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Recovery of money
Case Code
Case between The Federal Bank Ltd vs Ijas M.I regarding recovery of money.
Case Code Year
Case between The Federal Bank Ltd vs Ijas M.I regarding recovery of money.