Case Summary
The plaintiff, State Bank of India, sued the defendant, Johnson N.D, for failing to repay a sanctioned loan. The court found in favor of the plaintiff after the defendant remained absent.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
₹4,00,580.09 with 9% interest per annum from the date of suit till the date of decree.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
Judgment Evidence:
In the result, the suit is decreed directing the defendant to pay an amount of ₹4,00,580.09/- (Rupees Four Lakhs Five Hundred and Eighty point Zero Nine paise Only) with 9% interest per annum from the date of suit till the date of decree.
Parties Involved
Plaintiffs
Jayesh P (47 years)
State Bank of India, Ernakulam Branch, KTDC Building, Shanmugham road, Ernakulam, Pin - 682 011
Defendants
Johnson N.D (54 years)
Naduvilparambil house, Karieer station road, Ernakulam - 682 016
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff sought recovery of the outstanding loan amount along with interest.
Evidence:
The suit is decreed directing the defendant to pay an amount of ₹4,00,580.09/- with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff entitled to costs of the litigation.
Evidence:
The plaintiff is also entitled for the costs of the litigation.
Documents & Evidence
Document Type:
Xpress Credit Loan Application
Submitted By:
Plaintiff
Relevance:
Proves the loan application made by the defendant.
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Details the terms and conditions of the loan agreement.
Reference:
Ext.A2
Document Type:
Loan Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Outlines the arrangement made for granting the loan.
Reference:
Ext.A3
Document Type:
Sanction Report
Submitted By:
Plaintiff
Relevance:
Confirms the sanctioning of the loan by the bank.
Reference:
Ext.A4
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Shows the account details and outstanding amounts.
Reference:
Ext.A5
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Indicates the legal notice sent to the defendant regarding the loan default.
Reference:
Ext.A6
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Serves as proof of sending the legal notice.
Reference:
Ext.A7
Document Type:
Track Report
Submitted By:
Plaintiff
Relevance:
Provides tracking details of the dispatched notice.
Reference:
Ext.A8