Case Summary
The plaintiff, M/s. Indian Bank, filed a suit against the defendants, Anandavally.B. and Deepthi, for the realization of a loan amount due to the bank. The defendants defaulted on their loan repayment despite multiple notifications from the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
An amount of Rs.30,553/- together with interest @ 6% per annum and costs of the suit.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff, allowing them to recover the outstanding loan amount along with interest. The defendants are required to pay the costs of the suit.
Why Plaintiff Won:
The plaintiff bank successfully proved the case with sufficient evidence including loan documents and acknowledgment of debt.
The plaintiff bank successfully proved the case with sufficient evidence including loan documents and acknowledgment of debt.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
By producing Ext.A1 to A8 and by deposing in tune with the plaint averments in the affidavit, the plaintiff has succeeded in proving his case. Moreover, 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: (i) The plaintiff is entitled to realise an amount of Rs.30,553/- together with interest @ 6% per annum from the date of suit till the date of realization from the defendants and their assets. (ii) The plaintiff is also entitled to realise costs of the suit from the defendants.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- M/s. Indian Bank
- Relation
- represented by
- Party Role
- Defendant
- Party Name
- Anandavally.B.
- Party Age
- 60
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Deepthi
- Party Age
- 34
- Relation
- W/o
Plaintiffs Documents
Application form for OD/General Credit card for Financial Inclusion Category, Demand promissory note, Letter of continuity, Agreement of guarantee, Acknowledgment of debt, Office copy of Advocate notice, Postal receipt, Statement of account.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. I.Sowfiuar
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the outstanding amount along with interest.
Evidence:
In the result, the suit is decreed as follows: The plaintiff is entitled to realise an amount of Rs.30,553/- (Rupees Thirty Thousand Five Hundred and Fifty Three Only) together with interest @ 6% per annum from the date of suit till the date of realization from the defendants and their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is also entitled to recover the costs of the suit from the defendants.
Evidence:
In the result, the suit is decreed as follows: The plaintiff is also entitled to realise costs of the suit from the defendants.
Documents & Evidence
Document Type:
Application form for OD/ General Credit Card for Financial Inclusion Category
Submitted By:
Plaintiff
Relevance:
This document was used to establish the loan agreement on which the suit is based.
Reference:
Ext.A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
This document served as evidence of the financial obligation of the defendants.
Reference:
Ext.A2
Document Type:
Letter of Continuity
Submitted By:
Plaintiff
Relevance:
This document was part of the loan agreement terms.
Reference:
Ext.A3
Document Type:
Agreement of Guarantee
Submitted By:
Plaintiff
Relevance:
This was used to support the plaintiff's claim regarding loan security.
Reference:
Ext.A4
Document Type:
Acknowledgment of Debt
Submitted By:
Plaintiff
Relevance:
This document was crucial in confirming the defendants' recognition of their debt.
Reference:
Ext.A5
Document Type:
Office copy of Advocate notice
Submitted By:
Plaintiff
Relevance:
This document showed that the plaintiff formally requested repayment from the defendants.
Reference:
Ext.A6
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
This document served as proof of the notice being sent to the defendants.
Reference:
Ext.A7
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document detailed the financial transactions relevant to the case.
Reference:
Ext.A8
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 M/s. Indian Bank et al vs Anandavally.B., Deepthi regarding Realisation of Money
Case Code Year
Case between M/s. Indian Bank et al vs Anandavally.B., Deepthi regarding Realisation of Money