Case Summary
State Bank of India, represented by its Chief Manager Jayesh P, filed a suit against Shymon P for the recovery of an outstanding loan amount after the defendant failed to make repayments. The loan became a Non-Performing Asset due to non-payment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay ₹4,85,300 with 9% interest per annum from the date of suit till the date of decree.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendant to pay ₹4,85,300 with interest.
Why Plaintiff Won:
The unchallenged proof affidavit and documents adequately proved the plaintiff's claim.
The unchallenged proof affidavit and documents adequately proved the plaintiff's claim.
Losing Side's Weaknesses:
The unchallenged proof affidavit and documents adequately proved the plaintiff's claim.
The unchallenged proof affidavit and documents adequately proved the plaintiff's 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 defendant to pay an amount of 4,85, 300/- (Rupees Four Lakhs Eighty Five Thousand and Three Hundred ₹ 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
- Party Role
- Defendant
- Party Name
- Shymon P
- Party Age
- 36
- Relation
- S/o
Plaintiffs Documents
Original xpress credit loan application, Original loan agreement, Original loan arrangement letter, Original Appraisal cum sanction report, Statement of account of the defendant.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- V.K.Hema
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Gowri A.H
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay an amount of ₹4,85,300/- with interest.
Evidence:
The suit is decreed directing the defendant to pay an amount of 4,85,300/- (Rupees Four Lakhs Eighty Five Thousand and Three Hundred Only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Costs of Litigation
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 xpress credit loan application.
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original loan agreement.
Reference:
Ext.A2
Document Type:
Loan Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Original loan arrangement letter.
Reference:
Ext.A3
Document Type:
Appraisal cum Sanction Report
Submitted By:
Plaintiff
Relevance:
Original Appraisal cum sanction report.
Reference:
Ext.A4
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of account of the defendant bearing A/c no. 40876948915 issued by SBI, Ernakulam from 25.03.22 to 20.05.24 along with the certificate under the Banker’s book of Evidence Act and Section 65 of the Evidence Act.
Reference:
Ext.A5
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Office copy of the lawyer notice issued to the defendant.
Reference:
Ext.A6
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Postal receipt.
Reference:
Ext.A7
Document Type:
Track Report
Submitted By:
Plaintiff
Relevance:
Track report.
Reference:
Ext.A8
Document Type:
Standing Instruction
Submitted By:
Plaintiff
Relevance:
Original of the Irrevocable standing Instruction.
Reference:
Ext.A9
Document Type:
Oral Evidence
Submitted By:
Unknown
Relevance:
Evidence presented by the plaintiff through PW1.
Reference:
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Non-payment of Loan
Case Code
Case between State Bank of India vs Shymon P regarding money recovery
Case Code Year
Case between State Bank of India vs Shymon P regarding money recovery