Case Summary
The plaintiff, State Bank of India, is seeking recovery of a loan amount from the defendant, Sreejith P.S, who failed to repay the loans taken from the bank. The court found in favor of the plaintiff due to the defendant's default on the loan agreements.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay an amount of 2,83,916/- with 9% interest per annum from the date of suit till the date of decree.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence provided by the plaintiff sufficiently established the claim for recovery of the loan amount.
The evidence provided by the plaintiff sufficiently established the claim for recovery of the loan amount.
Judgment Evidence:
In the result, The suit is decreed directing the defendant to pay an amount of 2,83,916/- with 9% interest per annum from the date of suit till the date of decree.
Parties Involved
Plaintiffs
State Bank of India (Age not specified years)
Kundanoor Branch, Building no. 11/41 NH Bypass, Opposite Nairs Hospital, Kannadikkadu, Kundanoor P.O, Ernakulam, Pin – 682 304
Greeshma Surendran (31 years years)
Kundanoor Branch, Building no. 11/41 NH Bypass, Opposite Nairs Hospital, Kannadikkadu, Kundanoor P.O, Ernakulam, Pin – 682 304
Defendants
Sreejith P.S (36 years years)
Pulliyil house, Arackpady, Kochi, Ernakulam. Pin – 683 556
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendant to pay an amount of ₹2,83,916 with 9% interest per annum from the date of suit till the date of decree.
Evidence:
The suit is decreed directing the defendant to pay an amount of 2,83,916/- (Rupees Two Lakhs Eighty Three Thousand Nine Hundred and sixteen only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Recovery
Outcome:
Granted
Description:
In default, the plaintiff is entitled to recover the decree amount from the defendant and his assets with post decretal interest @ 6% per annum.
Evidence:
In default, the plaintiff is entitled to recover the decree amount from the defendant and from his assets with post decretal interest @ 6% per annum.
Relief Type:
Other
Outcome:
Granted
Description:
Plaintiff is entitled to the costs of the litigation.
Evidence:
The plaintiff is also entitled to the costs of the litigation.
Documents & Evidence
Document Type:
Xpress Credit Loan Application
Submitted By:
Plaintiff
Relevance:
The original Xpress credit loan application in loan account no. 40285952127.
Reference:
Ext.A1
Document Type:
Xpress Credit Loan Application
Submitted By:
Plaintiff
Relevance:
The original Xpress credit loan application in loan account no. 40530755541.
Reference:
Ext.A2
Document Type:
Personal Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original personal loan agreement in loan account no. 40285952127.
Reference:
Ext.A3
Document Type:
Personal Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original personal loan agreement in loan account no. 40530755541.
Reference:
Ext.A4
Document Type:
Loan Agreement Letter
Submitted By:
Plaintiff
Relevance:
The original loan agreement letter in loan account no. 40285952127.
Reference:
Ext.A5
Document Type:
Loan Agreement Letter
Submitted By:
Plaintiff
Relevance:
The original loan agreement letter in loan account no. 40530755541.
Reference:
Ext.A6
Document Type:
Sanction Report
Submitted By:
Plaintiff
Relevance:
The original sanction report in loan account no. 40285952127.
Reference:
Ext.A7
Document Type:
Sanction Report
Submitted By:
Plaintiff
Relevance:
The original sanction report in loan account no. 40530755541.
Reference:
Ext.A8
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
The statement of account in respect of account no. 40285952127 issued by the State Bank of India, Kundanoor.
Reference:
Ext.A9
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
The statement of account in respect of account no. 40530755541 issued by the State Bank of India, Kundanoor.
Reference:
Ext.A10