Case Summary
The State Bank of India is suing George Varghese for the recovery of a personal loan amounting to Rs.30,201/- which he has failed to repay. The bank claims that despite reminders and a legal notice, the defendant did not respond or repay the loan.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs.30,201/- from the defendant, along with interest and costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed that the plaintiff is entitled to recover Rs.30,201/- along with interest from the defendant. The claim for higher interest was refused as it was deemed unreasonable.
Why Plaintiff Won:
The plaintiff provided unchallenged evidence of the loan agreement and the defendant's failure to repay.
The plaintiff provided unchallenged evidence of the loan agreement and the defendant's failure to repay.
Losing Side's Weaknesses:
The plaintiff provided unchallenged evidence of the loan agreement and the defendant's failure to repay.
The plaintiff provided unchallenged evidence of the loan agreement and the defendant's failure to repay.
Supporting Evidence
The unrebutted oral testimony of PW1 and Exts.A1 to A6 series established the case as pleaded by the plaintiff.
Judgment Evidence:
In the result, suit is decreed in part as follows; 1.Plaintiff is entitled to realize an amount of Rs.30,201/- (Rupees Thirty Thousand Two Hundred and One only) from the defendant and from his assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The State bank of India
- Relation
- represented by its Branch Manager, Praveen V
- Party Role
- Defendant
- Party Name
- George Varghese
- Party Age
- 56
Plaintiffs Documents
Original agreement letter dated 04.11.2019, Original sanction letter issued by the plaintiff bank, Original loan agreement in favour of the plaintiff bank, Copy of lawyer's notice dated 17.02.2025, Original of acknowledgement card dated 19.02.2025, Statement of account along with certification.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Usha Rani T.K.
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Shyla Shafeeq
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover Rs.30,201/- from the defendant.
Evidence:
In the result, suit is decreed in part as follows; 1.Plaintiff is entitled to realize an amount of Rs.30,201/- (Rupees Thirty Thousand Two Hundred and One only) from the defendant and from his assets.
Relief Type:
Interest
Outcome:
Partly Granted
Description:
Plaintiff is entitled to recover interest at 12% per annum on the amount of Rs.30,201/- from the date of suit till date of decree.
Evidence:
2.Plaintiff is entitled to realize interest @ 12% per annum for Rs.30,201/- (Rupees Thirty Thousand Two Hundred and One only) from the date of suit till date decree from the defendant and from his assets.
Relief Type:
Interest
Outcome:
Granted
Description:
Plaintiff is entitled to recover interest at 6% per annum on the amount of Rs.30,201/- from the date of decree till date of realization.
Evidence:
3.Plaintiff is entitled to realize interest @ 6% per annum for Rs.30,201/- (Rupees Thirty Thousand Two Hundred and One only) from date of decree till date of realization from the defendant and from his assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover costs of the suit from the defendant.
Evidence:
4.Plaintiff is entitled to realize costs of the suit from defendant and from his assets.
Documents & Evidence
Document Type:
Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Original arrangement letter detailing loan terms.
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Original sanction letter issued by the plaintiff bank for the loan.
Reference:
Ext.A2
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original loan agreement executed by the defendant in favor of the plaintiff bank.
Reference:
Ext.A3
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Copy of lawyer's notice sent to the defendant regarding the loan payment.
Reference:
Ext.A4
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Original of acknowledgment card for the defendant’s acceptance of the lawyer’s notice.
Reference:
Ext.A5
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of account detailing the payment status and remaining balance of the loan.
Reference:
Ext.A6
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 The State bank of India vs George Varghese regarding realization of money
Case Code Year
Case between The State bank of India vs George Varghese regarding realization of money