Case Summary
The plaintiff, Indian Bank, filed a suit against the defendants for the recovery of a loan amount of Rs. 8,45,802. The defendants, having defaulted in repayment, were found liable for the loan.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants to pay the sum of Rs. 8,45,802 with interest.
Case Type
Civil Suit
Final Judgment
No
The court ruled in favor of the plaintiff, ordering the defendants to pay the outstanding loan amount with interest.
Why Plaintiff Won:
The plaint averments and evidence established the plaintiff's case.
The plaint averments and evidence established the plaintiff's case.
Losing Side's Weaknesses:
The plaint averments and evidence established the plaintiff's case.
The plaint averments and evidence established the plaintiff's 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; 1.It is ordered that the defendants to pay to the plaintiff the sum of 8,45,802/₹ (Rupees eight lakhs forty five thousand eight hundred and two only) with interest thereon at the rate of 6% per annum for the principal amount of Rs.4,00,000/-(Rupees four lakhs only) from the date of decree till its realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Indian Bank
- Party Role
- Defendant
- Party Name
- Anandu Anil
- Party Age
- 26
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Anil K.M.
- Party Age
- 57
- Relation
- S/o
Plaintiffs Documents
Loan Application, Sanction of Education Loan, Demand Promissory Note, Loan Agreement, Statement of Account, Deed of Ratification, Copy of Letter, Acknowledgment of Debt, The letter of re fixing the installments.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Deepu Viswanath
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Dhanya Deepu
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendants to pay the sum of ₹8,45,802/- with interest.
Evidence:
It is ordered that the defendants to pay to the plaintiff the sum of 8,45,802/- (Rupees eight lakhs forty five thousand eight hundred and two only) with interest thereon at the rate of 6% per annum for the principal amount of Rs.4,00,000/-.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to costs from the defendants.
Evidence:
The plaintiff is entitled to realise the costs from the defendants.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Document related to the application for the loan availed by the defendants.
Reference:
Ext.A1
Document Type:
Sanction of Education Loan
Submitted By:
Plaintiff
Relevance:
Document indicating the sanction of the education loan provided to the defendants.
Reference:
Ext.A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Legal document where the defendants promised to pay back the loan.
Reference:
Ext.A3
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Contractual document outlining the terms of the loan between the plaintiff and the defendants.
Reference:
Ext.A4
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Document showing the outstanding balance and transaction history of the defendants' loan.
Reference:
Ext.A5
Document Type:
Deed of Ratification
Submitted By:
Plaintiff
Relevance:
Document confirming the terms agreed upon by the parties regarding the loan.
Reference:
Ext.A6
Document Type:
Copy of Letter
Submitted By:
Plaintiff
Relevance:
Letter related to the loan agreement or its management.
Reference:
Ext.A7
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
Document where the defendants acknowledged their debt to the plaintiff.
Reference:
Ext.A8
Document Type:
The letter of re fixing the installments
Submitted By:
Plaintiff
Relevance:
Correspondence regarding the adjustment of loan repayment installments.
Reference:
Ext.A9
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court, Kottayam
Common Reasons
Recovery of money
Case Code
Case between Indian Bank vs Anandu Anil et al regarding Suit for realisation of money.
Case Code Year
Case between Indian Bank vs Anandu Anil et al regarding Suit for realisation of money.