Case Summary
The plaintiff is the State Bank of India, and the defendant is Shaban Reza, a defense personnel. The case is about the bank seeking recovery of a loan amount due to the defendant's failure to make repayments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay ₹6,54,059.7 with 9% interest per annum and costs.
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:
The suit is decreed directing the defendant to pay an amount of ₹6,54,059.7 (Rupees Six Lakhs Fifty-Four Thousand Fifty-Nine and Paisa Seven Only) with 9% interest per annum from the date of suit till the date of decree.
Parties Involved
Plaintiffs
State Bank of India (Age not specified years)
Branch Office at M.G.Road, Jeevan Prakash, L.I.C Building, Ernakulam, Kerala - 682 011
Defendants
Shaban Reza (44 years years)
6/923, Bazar Road, Mattancherry, Kochi, Ernakulam - 682 002
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is seeking the recovery of the outstanding loan amount of ₹6,54,059.7 along with any other costs, charges, or expenses incurred due to the defendant's default.
Evidence:
The suit is decreed directing the defendant to pay an amount of ₹6,54,059.7 (Rupees Six Lakhs Fifty-Four Thousand Fifty-Nine and Paisa Seven Only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled for 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 executed by the defendant.
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 from 14.06.23 to 25.06.24 duly certified under the Bankers Book of Evidence Act and also under Indian Evidence Act.
Reference:
Ext.A6