Case Summary
The plaintiff, State Bank of India, filed a suit against the defendant, Mahesh R, for recovery of money due from a personal loan. The defendant defaulted on the agreed repayment terms, prompting the bank to seek relief through this legal action.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay ₹2,81,171.04 with 9% interest per annum from the date of suit till date of decree.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of the plaintiff, directing the defendant to pay an amount of ₹2,81,171.04 with interest. The court concluded the plaintiff was entitled to recovery due to the defendant's failure to repay the loan.
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.
Losing Side's Weaknesses:
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
The unchallenged proof affidavit and documents satisfactorily proved the plaint claim.
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 defendants to pay an amount of ₹2,81,171.04/- (Rupees Two Lakh Eighty-One Thousand One Hundred and Seventy-One and Four Paise 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 M.G.Road Branch, Ernakulam
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Mahesh R
- Party Age
- 43
- Relation
- S/o
Plaintiffs Documents
Original Loan Application, Arrangement letter, Original personal loan agreement, Original irrevocable standing instructions, Lawyer notice issued to the defendant along with the copy of the postal receipt, Original final recall notice, Statement of account issued by State Bank of India, Ernakulam, Separate interest calculation statement
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Domson J Vattakuzhy
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Indrajith S Kaimal
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover an amount of ₹2,81,171.04 from the defendant.
Evidence:
In the result, The suit is decreed directing the defendants to pay an amount of ₹2,81,171.04/- (Rupees Two Lakh Eighty-One Thousand One Hundred and Seventy-One and Four Paise only)
Relief Type:
Interest
Outcome:
Partly Granted
Description:
The plaintiff is entitled to interest at 9% per annum from the date of suit till the date of decree.
Evidence:
with 9% interest per annum from the date of suit till the date of decree
Relief Type:
Post Decretal Interest
Outcome:
Granted
Description:
The plaintiff is entitled to post decretal interest at 6% per annum.
Evidence:
and from his assets with post decretal interest @ 6% per annum.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to the costs of the litigation.
Evidence:
The plaintiff is also entitled to the costs of the litigation.
Documents & Evidence
Document Type:
Original loan application
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence proving the loan transaction.
Reference:
Ext.A1
Document Type:
Arrangement Letter
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence proving the loan transaction.
Reference:
Ext.A2
Document Type:
Original personal loan agreement
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence proving the loan transaction.
Reference:
Ext.A3
Document Type:
Original irrevocable standing instructions
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence proving the loan transaction.
Reference:
Ext.A4
Document Type:
Lawyer notice issued to the defendant along with the copy of the postal receipt
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence demonstrating the plaintiff's demands for repayment.
Reference:
Ext.A5
Document Type:
Original final recall notice
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence demonstrating the final demand for the outstanding amount.
Reference:
Ext.A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence proving the outstanding balance on the loan.
Reference:
Ext.A7
Document Type:
Separate interest calculation statement
Submitted By:
Plaintiff
Relevance:
This document was marked and is part of the evidence proving the interest calculation on the loan.
Reference:
Ext.A8
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 State Bank of India vs Mahesh R regarding money recovery
Case Code Year
Case between State Bank of India vs Mahesh R regarding money recovery