Case Summary
State Bank of India is suing Eldhose Varghese for failing to repay a personal loan of Rs. 4,50,000. Despite notification, the defendant did not respond or make payments on the loan.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant is directed to pay an amount of 4,88,652/- with 9% interest per annum.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed directing the defendant to pay the outstanding amount of Rs. 4,88,652 with 9% interest per annum from the date of suit till the date of decree.
Why Plaintiff Won:
The unchallenged proof affidavit and documents satisfy the claims of the plaintiff.
The unchallenged proof affidavit and documents satisfy the claims of the plaintiff.
Losing Side's Weaknesses:
The unchallenged proof affidavit and documents satisfy the claims of the plaintiff.
The unchallenged proof affidavit and documents satisfy the claims of the plaintiff.
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 4,88,652/- (Rupees Four Lakhs Eighty-Eight Thousand Six Hundred and Fifty-Two Only) 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
- Relation
- represented by its Branch Manager
- Party Role
- Defendant
- Party Name
- Eldhose Varghese
- Party Age
- 45
Plaintiffs Documents
The original of the loan application, the original of the arrangement letter, the original of the personal loan agreement, office copy of the demand notice, office copy of the lawyer notice, extract of the loan account maintained by the plaintiff.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sreejith S Nair
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Biju Joseph
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Remil Regi George
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Directing the defendant to pay an amount of Rs. 4,88,652 with interest.
Evidence:
The suit is decreed directing the defendant to pay an amount of 4,88,652/- (Rupees Four Lakhs Eighty-Eight Thousand Six Hundred and Fifty-Two Only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Other
Outcome:
Granted
Description:
Entitlement to recover the decree amount from the defendant and from his assets.
Evidence:
In default, the plaintiff is entitled to recover the decree amount from the defendant and from his assets.
Relief Type:
Other
Outcome:
Granted
Description:
Entitlement to the costs of the litigation.
Evidence:
The plaintiff is also entitled for the costs of the litigation.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original of the loan application submitted by the defendant.
Reference:
Ext.A1
Document Type:
Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Original of the arrangement letter issued by the plaintiff.
Reference:
Ext.A2
Document Type:
Personal Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original of the personal loan agreement executed by the defendant in favour of the plaintiff.
Reference:
Ext.A3
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Office copy of the demand notice issued by the plaintiff.
Reference:
Ext.A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Office copy of the lawyer notice issued by the plaintiff.
Reference:
Ext.A5
Document Type:
Loan Account Extract
Submitted By:
Plaintiff
Relevance:
Extract of the loan account of the defendant maintained by the plaintiff, duly certified.
Reference:
Ext.A6
Case Classification
Case Type
Civil Suit
Category
Other Civil Cases
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Non-payment of rent
Case Code
Case between State Bank of India vs Eldhose Varghese regarding recovery of money
Case Code Year
Case between State Bank of India vs Eldhose Varghese regarding recovery of money