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
The court decreed the suit, directing the defendant to pay the amount owed along with interest. The plaintiff also has the right to recover the amount from the defendant's assets in case of default.
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.
Losing Side's Weaknesses:
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.
Supporting Evidence
The unchallenged proof affidavit and documents would satisfactorily prove the plaint claim.
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
Parties
- Party Role
- Plaintiff
- Party Name
- State Bank of India
- Party Role
- Plaintiff
- Party Name
- Greeshma Surendran
- Party Age
- 31
- Relation
- D/o N.Surendran
- Party Role
- Defendant
- Party Name
- Sreejith P.S
- Party Age
- 36
- Relation
- S/o Subramnaian P.K
Plaintiffs Documents
Xpress credit loan application, personal loan agreement, sanction report, statement of account
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- V.K.Hema
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Gouri A.H
- Appearance Type
- Main Counsel
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
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Recovery of money
Case Code
Case between State Bank of India et al vs Sreejith P.S regarding recovery of money.
Case Code Year
Case between State Bank of India et al vs Sreejith P.S regarding recovery of money.