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
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.
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
Plaintiffs
The Federal Bank Ltd (Age not specified years)
Palarivattom Branch, Metro Pillar No. 529, 35/37A, Main Road, Palarivattom P.O, Ernakulam – 682 025
Defendants
Ijas M.I (33 years)
EMC P Ltd NH Bypass, Vennala, Kochi, Ernakulam District, Kerala – 682 028
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