Case Summary
The case involves The Federal Bank Ltd. claiming repayment from the defendants who failed to repay a loan. The defendants are ordered to pay a total amount of ₹3,65,000 to the plaintiff with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendants are directed to pay ₹3,65,000 with interest at the rate of 6% per annum.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence and submissions by the plaintiff were found to be convincing and uncontested.
The evidence and submissions by the plaintiff were found to be convincing and uncontested.
Judgment Evidence:
In the result, the suit is decreed as follows: The defendants are directed to pay to the plaintiff, an amount of 3,65,000/- with interest at the rate of 6% per annum...
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
Praveen N.S (38 years)
Nedumparambil House, Kuthirapanthy, Beach Ward, Thiruvampady Junction, Alappuzha, Kerala – 688 002
Shri. Sidharthakumar N (75 years)
Nedumparambil House, Kuthirapanthy, Beach Ward, Thiruvampady Junction, Alappuzha, Kerala – 688 002
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendants are directed to pay an amount of 3,65,000/- with interest.
Evidence:
I am of the opinion that the plaintiff is entitled to recover the same from the defendants, with interest from the date of suit.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to the costs of the suit from the defendants.
Evidence:
Considering the nature of the suit and circumstances surrounding the suit, the plaintiff is entitled to the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Retail Loan Application Form
Submitted By:
Plaintiff
Relevance:
Filed as evidence to support the plaintiff's claim of loan agreement.
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Filed as evidence to establish the approval of the loan.
Reference:
Ext.A2
Document Type:
Agreement for Federal Personal Car Loan Scheme
Submitted By:
Plaintiff
Relevance:
Supports the claim regarding the loan terms and agreement.
Reference:
Ext.A3
Document Type:
Agreement of Guarantee
Submitted By:
Plaintiff
Relevance:
Establishes the guarantee agreement related to the loan.
Reference:
Ext.A4
Document Type:
Declaration
Submitted By:
Plaintiff
Relevance:
Related to the terms of the loan.
Reference:
Ext.A5
Document Type:
Undertaking
Submitted By:
Plaintiff
Relevance:
A document related to the obligations of the defendants.
Reference:
Ext.A6
Document Type:
Agreement for conversion
Submitted By:
Plaintiff
Relevance:
Filed to show additional agreements associated with the loan.
Reference:
Ext.A7
Document Type:
Copy of RC Book of Car
Submitted By:
Plaintiff
Relevance:
Establishes collateral related to the loan.
Reference:
Ext.A8
Document Type:
Notice
Submitted By:
Plaintiff
Relevance:
Notification related to the loan repayment.
Reference:
Ext.A9
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Serves as evidence of demand for loan repayment.
Reference:
Ext.A10
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Legal notice sent concerning the loan.
Reference:
Ext.A11
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
Proof of communication related to the loan.
Reference:
Ext.A12
Document Type:
Computer printout of Statement
Submitted By:
Plaintiff
Relevance:
Financial statement demonstrating the transaction history.
Reference:
Ext.A13
Document Type:
Aadhaar Card Copy
Submitted By:
Plaintiff
Relevance:
Identity proof of the first defendant.
Reference:
Ext.A14
Document Type:
Aadhaar Card Copy
Submitted By:
Plaintiff
Relevance:
Identity proof of the second defendant.
Reference:
Ext.A15
Document Type:
Copy of Power of Attorney
Submitted By:
Plaintiff
Relevance:
Document representing authority in the matter.
Reference:
Ext.A16