Case Summary
The plaintiff, State Bank of India, filed a suit against defendants Neema A.M. and Abdul Majeed for the recovery of an outstanding loan amount. The defendants, co-borrowers of the loan, failed to repay the sanctioned loan amount despite multiple notices.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Rs.3,04,071.75/- together with interest at the rate of 6% per annum from the date of suit till realization
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, granting them the right to recover the loan amount from the defendants. The court found the plaintiff's case to be proven through the submitted documents.
Why Plaintiff Won:
The plaintiff has succeeded in proving his case.
The plaintiff has succeeded in proving his case.
Losing Side's Weaknesses:
The plaintiff has succeeded in proving his case.
The plaintiff has succeeded in proving his case.
Supporting Evidence
By producing Exts.A1 to A10 and by deposing in tune with the plaint averments in the affidavit, the plaintiff has succeeded in proving his case.
Judgment Evidence:
In the result, The suit is decreed and the plaintiff is entitled to realise an amount of Rs.3,04,071.75/- together with interest at the rate of 6 % per annum from the date of suit till the realization from the defendants and their assets, with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- State Bank of India
- Relation
- represented by its Authorised Officer
- Party Role
- Defendant
- Party Name
- Neema A.M.
- Party Age
- 27
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Abdul Majeed
- Party Age
- 62
- Relation
- S/o
Plaintiffs Documents
Education loan application dated 11/07/2016, Sanction letter dated 22/08/2016, Agreement for term loan under education loan schemes dated 24/08/2016, Office copy of advocate notice dated 12/08/2024, Postal receipt dated 12/08/2024, Postal acknowledgment card, Statement of account for the period from 24/08/2016 to 07/08/2024
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Ajith.A.Khadar
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Jasmin M.
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- Nil
- Appearance Type
- Case between State Bank of India, Kollam et al vs Neema A.M., Abdul Majeed regarding realisation of money > Case advocates
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff sought to recover Rs.3,04,071.75 from the defendants.
Evidence:
The suit is decreed and the plaintiff is entitled to realise an amount of Rs.3,04,071.75/- together with interest at the rate of 6 % per annum from the date of suit till the realization from the defendants and their assets, with costs.
Documents & Evidence
Document Type:
Education Loan Application
Submitted By:
Plaintiff
Relevance:
This document was used to establish the loan application submitted by the defendants.
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
This document shows the approval of the loan amount.
Reference:
Ext.A2
Document Type:
Agreement for Term Loan
Submitted By:
Plaintiff
Relevance:
This document outlines the terms of the loan agreement between the plaintiff and the defendants.
Reference:
Ext.A3
Document Type:
Office copy of Advocate notice
Submitted By:
Plaintiff
Relevance:
These documents were used to demonstrate attempts to recover the loan through legal notice.
Reference:
Ext.A4 and A7
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
These documents serve as proof of sending the legal notice to the defendants.
Reference:
Ext.A5 and A8
Document Type:
Postal Acknowledgment Card
Submitted By:
Plaintiff
Relevance:
These cards confirm the receipt of the legal notice by the defendants.
Reference:
Ext.A6 and A9
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document provides the financial details related to the loan, establishing the amount due.
Reference:
Ext.A10
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Non-payment of rent
Case Code
Case between State Bank of India, Kollam et al vs Neema A.M., Abdul Majeed regarding realisation of money
Case Code Year
Case between State Bank of India, Kollam et al vs Neema A.M., Abdul Majeed regarding realisation of money