Case Summary
State Bank of India filed a suit against Mr. Afsal.K.M for the recovery of a loan amount due to non-payment. The defendant availed a loan but defaulted on the payments, leading to the suit for recovery of the outstanding amount.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs.1,66,977/- from the defendant along with specified interest and costs.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff's claims were substantiated by unrebutted evidence and testimony, thus entitling them to the relief sought.
The plaintiff's claims were substantiated by unrebutted evidence and testimony, thus entitling them to the relief sought.
Judgment Evidence:
In the result, suit is decreed as follows. Plaintiff is entitled to realize an amount of Rs.1,66,977/- from the defendant and from his assets.
Parties Involved
Plaintiffs
State Bank of India (null years)
CEPZ, Kakkanad Branch, Ernakulam 682 037
Defendants
Mr. Afsal.K.M (35 years)
Keeledath, Muppathadam.P.O, Ernakulam-683110
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to realize an amount of Rs.1,66,977/- from the defendant.
Evidence:
In the result, suit is decreed as follows. Plaintiff is entitled to realize an amount of Rs.1,66,977/-.
Relief Type:
Interest
Outcome:
Partly Granted
Description:
Plaintiff entitled to interest @ 12% per annum till date of decree.
Evidence:
Plaintiff is entitled to realize interest @ 12% per annum for Rs.1,66,977/- from the date of suit till date decree.
Relief Type:
Interest
Outcome:
Granted
Description:
Plaintiff entitled to interest @ 6% per annum from date of decree till realization.
Evidence:
Plaintiff is entitled to realize interest @ 6% per annum for Rs.1,66,977/- from date of decree till date of realization.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff entitled to costs of the suit.
Evidence:
Plaintiff is entitled to realize costs of the suit from defendant.
Documents & Evidence
Document Type:
Original Loan arrangement letter
Submitted By:
Plaintiff
Relevance:
Established the terms of the loan agreement.
Reference:
Ext.A1
Document Type:
Original loan agreement
Submitted By:
Plaintiff
Relevance:
Provided the loan terms and conditions.
Reference:
Ext.A2
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Showed the outstanding amount due from the defendant.
Reference:
Ext.A3
Document Type:
Copy of statutory notice
Submitted By:
Plaintiff
Relevance:
Notified the defendant of the loan repayment default.
Reference:
Ext.A4
Document Type:
Original returned letter
Submitted By:
Plaintiff
Relevance:
Indicated the defendant's non-response to the statutory notice.
Reference:
Ext.A5