Case Summary
The plaintiff, State Bank of India, is seeking to recover money from the defendant, Sri. Sajith K, for a loan that the defendant failed to repay. The defendant had availed a loan amounting to Rs. 2,00,000 and has not made the required payments despite multiple reminders.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs. 2,18,919/- from the defendant along with interest and costs.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff established the case through unrebutted oral testimony and evidence that was accepted by the court.
The plaintiff established the case through unrebutted oral testimony and evidence that was accepted by the court.
Judgment Evidence:
In the result, suit is decreed as follows; Plaintiff is entitled to realize an amount of Rs.2,18,919/- from the defendant and from his assets.
Parties Involved
Plaintiffs
State Bank of India (Age not specified years)
Madame Cama Road, Nariman Point, Mumbai-400 021
Defendants
Sri. Sajith K (42 years)
Keekanam, Pakkam Post, Panayal Pakkom, Kasargod Pin 671316
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff's entitlement to recover the amount owed.
Evidence:
Plaintiff is entitled to realize an amount of Rs.2,18,919/- (Rupees Two Lakhs Eighteen Thousand Nine Hundred and Nineteen only) from the defendant and from his assets.
Relief Type:
Damages
Outcome:
Granted
Description:
Interest on the amount owed from the date of suit to date of decree.
Evidence:
Plaintiff is entitled to realize interest @ 12% per annum for Rs.2,18,919/- (Rupees Two Lakhs Eighteen Thousand Nine Hundred and Nineteen only) from the date of suit till date decree from the defendant and from his assets.
Relief Type:
Damages
Outcome:
Granted
Description:
Interest on the amount owed from the date of decree to date of realization.
Evidence:
Plaintiff is entitled to realize interest @ 6% per annum for Rs.2,18,919/- (Rupees Two Lakhs Eighteen Thousand Nine Hundred and Nineteen only) from date of decree till date of realization from the defendant and from his assets.
Relief Type:
Other
Outcome:
Granted
Description:
Costs of the suit.
Evidence:
Plaintiff is entitled to realize costs of the suit from defendant and from his assets.
Documents & Evidence
Document Type:
Original Xpress Credit Loan application form
Submitted By:
Plaintiff
Relevance:
Established the loan application made by the defendant.
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Outlined the terms under which the loan was sanctioned.
Reference:
Ext.A2
Document Type:
Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Provided details on the loan arrangement.
Reference:
Ext.A3
Document Type:
Personal Loan Agreement
Submitted By:
Plaintiff
Relevance:
Documented the agreement regarding the disbursement of the loan.
Reference:
Ext.A4
Document Type:
Operation letter
Submitted By:
Plaintiff
Relevance:
Provided operational details regarding the loan account.
Reference:
Ext.A5
Document Type:
SI report
Submitted By:
Plaintiff
Relevance:
Supported the plaintiff's claims regarding the loan status.
Reference:
Ext.A6
Document Type:
Copy of legal notice
Submitted By:
Plaintiff
Relevance:
Showed that the defendant was notified of the dues.
Reference:
Ext.A7
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Indicated receipt of the legal notice by the defendant.
Reference:
Ext.A9
Document Type:
Statement of account along with certification
Submitted By:
Plaintiff
Relevance:
Provided the current dues owed by the defendant.
Reference:
Ext.A10