Case Summary
Federal Bank Ltd filed a suit against Varsha S and Rajeswary for the realization of a loan amount. The defendants failed to repay the money owed despite repeated requests.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realise an amount of Rs.2,90,258 together with interest at the rate of 6% per annum from the date of suit till the date of realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the outstanding loan amount along with interest and costs.
Why Plaintiff Won:
The plaintiff succeeded in proving her case through documented evidence and testimonies.
The plaintiff succeeded in proving her case through documented evidence and testimonies.
Losing Side's Weaknesses:
The plaintiff succeeded in proving her case through documented evidence and testimonies.
The plaintiff succeeded in proving her case through documented evidence and testimonies.
Supporting Evidence
By producing Exts.A1 to A10 and by deposing in tune with the plaint averments in the affidavit, the plaintiff has succeeded in proving her case. Moreover, there is no evidence to rebut the evidence adduced on the side of the plaintiff.
Judgment Evidence:
In the result, suit is decreed as follows:- The plaintiff is entitled to realise an amount of Rs.2,90,258/- together with interest at the rate of 6% per annum from the date of suit till the date of realization from the defendants and their assets, with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Federal Bank Ltd
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Varsha S
- Party Age
- 26
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Rajeswary
- Party Age
- 50
- Relation
- W/o
Plaintiffs Documents
Copy of application for Education Loan, Demand Promissory note, Security delivery letter, Agreement for Federal Special Vidya Loan Scheme, Balance Confirmation, Office copy of lawyers notice, Postal receipts, Acknowledgment Card, Statement of Account.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Anup B.S
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Priyasankar S.S
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sreekumar.N
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Abhirami.S
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the loan amount together with interest.
Evidence:
Hence, the plaintiff is entitled to the relief as prayed for.
Documents & Evidence
Document Type:
Application for Education Loan
Submitted By:
Plaintiff
Relevance:
Marked subject to proof as evidence of the loan application.
Reference:
Ext.A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the promissory note for the loan.
Reference:
Ext.A2
Document Type:
Security Delivery Letter
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the security delivery for the loan.
Reference:
Ext.A3
Document Type:
Agreement for Federal Special Vidya Loan Scheme
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the loan agreement.
Reference:
Ext.A4
Document Type:
Balance Confirmation
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the balance confirmation dated 19/11/2019.
Reference:
Ext.A5
Document Type:
Balance Confirmation
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the balance confirmation dated 12/10/2022.
Reference:
Ext.A6
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the lawyer's notice demanding repayment.
Reference:
Ext.A7
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
Marked as evidence of postal receipts for the lawyer's notice.
Reference:
Ext.A8
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Marked as evidence of acknowledgment cards related to the notice.
Reference:
Ext.A9
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Marked as evidence of the statement of account for the loan period.
Reference:
Ext.A10
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Recovery of money
Case Code
Case between Federal Bank Ltd vs Varsha S et al regarding realization of money
Case Code Year
Case between Federal Bank Ltd vs Varsha S et al regarding realization of money