Case Summary
The Federal Bank Ltd filed a suit against Lintu Shibu and others for the realization of an educational loan amounting to Rs. 5,60,637. The defendants failed to repay the loan despite repeated requests and legal notice.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants shall pay Rs. 5,60,637 along with interest at 6% per annum from the date of institution of the suit till realization.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of the plaintiff, ordering the defendants to pay the bank the due loan amount along with interest.
Why Plaintiff Won:
The evidence adduced by the plaintiff established the case.
The evidence adduced by the plaintiff established the case.
Losing Side's Weaknesses:
The evidence adduced by the plaintiff established the case.
The evidence adduced by the plaintiff established the case.
Supporting Evidence
The plaint averments, affidavit and the documents would establish the case of the plaintiff. There is no evidence to rebut the evidence adduced on the side of the plaintiff.
Judgment Evidence:
In the result, the suit is decreed as follows: It is ordered that the defendants shall pay to the plaintiff the sum of Rs.5,60,637/- along with interest at the rate of 6% per annum from the date of institution of the suit till the date of realization of the sum.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The Federal Bank Ltd
- Relation
- represented by
- Party Role
- Defendant
- Party Name
- Lintu Shibu
- Party Age
- 30
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Shibu P John
- Party Age
- 57
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Lissy Shibu
- Party Age
- 54
- Relation
- W/o
Plaintiffs Documents
Demand promissory note for Rs. 254418, security delivery letter, loan agreement for federal special Vidhya loan scheme, confirmation of balance statements, lawyer's notice, statement of account.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- C J Jomi
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff requested the recovery of a loan amount plus interest.
Evidence:
It is ordered that the defendants shall pay to the plaintiff the sum of Rs.5,60,637/- along with interest at the rate of 6% per annum.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to realize the costs from the defendants.
Evidence:
The plaintiff is entitled to realise the costs from the defendants.
Documents & Evidence
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
This document represents the loan agreement made by the defendants with the plaintiff bank.
Reference:
Ext.A1
Document Type:
Security Delivery Letter
Submitted By:
Plaintiff
Relevance:
This document secures the loan provided to the defendants.
Reference:
Ext.A2
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
This document outlines the terms and conditions of the educational loan.
Reference:
Ext.A3
Document Type:
Confirmation of Balance Statement
Submitted By:
Plaintiff
Relevance:
This document confirms the outstanding balance of the loan as of the specified date.
Reference:
Ext.A4
Document Type:
Confirmation of Balance Statement
Submitted By:
Plaintiff
Relevance:
This document confirms the outstanding balance of the loan as of the specified date.
Reference:
Ext.A5
Document Type:
Confirmation of Balance Statement
Submitted By:
Plaintiff
Relevance:
This document confirms the outstanding balance of the loan as of the specified date.
Reference:
Ext.A6
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
This document is the lawyer's notice demanding repayment of the loan.
Reference:
Ext.A7
Document Type:
Returned Notices
Submitted By:
Plaintiff
Relevance:
This document includes returned notices from the defendants regarding the loan repayment.
Reference:
Ext.A8
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document shows the detailed statement of account for the loan.
Reference:
Ext.A9
Document Type:
Capitalization of Interest Statement
Submitted By:
Plaintiff
Relevance:
This document details the capitalization of interest on the loan amount.
Reference:
Ext.A10
Case Classification
Case Type
Civil Suit
Category
Other Civil Cases
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court, Kottayam
Common Reasons
Recovery of money
Case Code
Case between The Federal Bank Ltd vs Lintu Shibu et al regarding realization of money
Case Code Year
Case between The Federal Bank Ltd vs Lintu Shibu et al regarding realization of money