Case Summary
The plaintiff, State Bank of India, filed a suit against the defendant, Ajilesh Joseph, for the recovery of an amount he owes due to a loan default. The defendant failed to repay the loan, resulting in legal action by the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant is directed to pay to the plaintiff an amount of ₹7,83,890 with interest at the rate of 6% per annum.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The case of the plaintiff stands proved due to uncontested evidence.
The case of the plaintiff stands proved due to uncontested evidence.
Judgment Evidence:
In the result, the suit is decreed as follows: The defendant is directed to pay to the plaintiff, an amount of 7,83,890/- (Rupees seven lakhs eighty three thousand eight hundred and ninety only) with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation from the defendant or from assets of defendant.
Parties Involved
Plaintiffs
State Bank of India (Age not specified years)
Local Head Office at Thiruvanthapuram and Branch Office, Broadway, Shanmugham Road, Ernakulam
Defendants
Ajilesh Joseph (28 years years)
Muttappallil, Karamkolly, Ambalavayal, Wayanad, Kerala - 673 591
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay a total amount of 7,83,890/- to the plaintiff with interest.
Evidence:
I.The defendant is directed to pay to the plaintiff, an amount of 7,83,890/- with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation from the defendant or from assets of defendant.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to the costs of the suit from the defendant.
Evidence:
Considering the nature of the suit and circumstances surrounding the suit, the plaintiff is entitled to the costs of the suit from the defendant.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted as evidence to support the claim regarding the loan taken by the defendant.
Reference:
Ext.A1
Document Type:
Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Submitted to establish the terms of the loan agreement between the plaintiff and the defendant.
Reference:
Ext.A2
Document Type:
Personal Loan Agreement
Submitted By:
Plaintiff
Relevance:
Provided to demonstrate the contractual obligation of the defendant to repay the loan.
Reference:
Ext.A3
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Used to show that the plaintiff notified the defendant about the outstanding loan.
Reference:
Ext.A4
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Indicated the legal steps taken to recover the loan amount from the defendant.
Reference:
Ext.A5
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Another reminder sent to emphasize the need for repayment.
Reference:
Ext.A6
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Final notice issued to the defendant before proceeding with legal action.
Reference:
Ext.A7