O.S. No. 348/2023

Case between M/s. The Federal Bank Ltd. vs Mr. Selvaraj P.S. regarding realization of money.

Court

THE COURT OF THE THIRD ADDL. MUNSIFF & RENT CONTROLLER, ERNAKULAM

Judge

Smt. Reeja R. Nair

Order Date

2026-01-05

Duration

approximately-3 years 9 months

Case Closed

Mon, 01/05/2026 - 12:00

Judgement document from eCourt website

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Case Summary

The Plaintiff, M/s. The Federal Bank Ltd., is seeking to recover dues from the Defendant, Mr. Selvaraj P.S., arising from a gold loan agreement. The Defendant defaulted on repayment, leading to legal action by the Plaintiff.

Judgment Outcome

Plaintiff Won

Interim Order

The suit is decreed in favor of the Plaintiff, granting them the right to recover amounts due under the gold loan agreement. The Plaintiff is entitled to recover costs as well.

Judgment Favored

Plaintiff

Relief Granted

The Plaintiff is entitled to realize an amount of Rs.2,66,154.04/- and interest at rates of 12% and 6% per annum from the Defendant.

Case Type

Civil Suit

Final Judgment

The suit is decreed in favor of the Plaintiff, granting them the right to recover amounts due under the gold loan agreement. The Plaintiff is entitled to recover costs as well.

Why Plaintiff Won:
The court found the evidence provided by the Plaintiff uncontested and satisfactory.

Losing Side's Weaknesses:
The court found the evidence provided by the Plaintiff uncontested and satisfactory.

Supporting Evidence

The unrebutted oral testimony of PW1 and Exts. A1 to A5 series established the case as pleaded by the plaintiff.

Judgment Evidence:

In the result, suit is decreed as follows; The plaintiff is entitled to realize an amount of Rs.2,66,154.04/- from the defendant and from his assets.

Parties Involved

Parties

Party Role: Plaintiff
Party Name: M/s. The Federal Bank Ltd.
Relation: Represented by

Party Role: Defendant
Party Name: Mr. Selvaraj P.S.

Plaintiffs Documents

Certified copy of loan application dated 07.08.2021, statement of account, certified copy of FIR No. 66/2022, lawyer's notice dated 10.01.2023.

Defendants Documents

Advocates

Party Role: Plaintiff
Advocate Name: K.N. Sivasankaran
Appearance Type: Main Counsel

Party Role: Plaintiff
Advocate Name: Sunil Shankar
Appearance Type: Assisting Counsel

Party Role: Plaintiff
Advocate Name: Jerrin George K.
Appearance Type: Assisting Counsel

Party Role: Plaintiff
Advocate Name: Sandhy S.
Appearance Type: Assisting Counsel

Reliefs

Relief Type: Recovery

Outcome: Granted

Description:

Entitled to realize an amount of Rs.2,66,154.04 from the defendant.

Evidence:

The plaintiff is entitled to realize an amount of Rs.2,66,154.04/- (Rupees Two Lakhs Sixty Six Thousand One Hundred and Fifty Four and Zero Four Paisa only) from the defendant and from his assets.

Relief Type: Recovery

Outcome: Granted

Description:

Entitled to realize interest at 12% per annum on Rs.2,66,154.04.

Evidence:

The plaintiff is entitled to realize interest @ 12 % per annum for Rs.2,66,154.04/- (Rupees Two Lakhs Sixty Six Thousand One Hundred and Fifty Four and Zero Four Paisa only) from the defendant and from his assets.

Relief Type: Recovery

Outcome: Granted

Description:

Entitled to realize interest at 6% per annum on Rs.2,66,154.04.

Evidence:

The plaintiff is entitled to realize interest @ 6% per annum for Rs.2,66,154.04/- (Rupees Two Lakhs Sixty Six Thousand One Hundred and Fifty Four and Zero Four Paisa only) from the defendant and from his assets.

Relief Type: Recovery

Outcome: Granted

Description:

Entitled to realize costs of the suit from the defendant.

Evidence:

The plaintiff is entitled to realize costs of the suit from from the defendant and from his assets.