Case Summary
The plaintiff, Union Bank of India, filed a suit against the defendants for the recovery of loan amount. The defendants defaulted on a credit loan and failed to repay the amount due despite multiple reminders.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff’s bank is allowed to realise the plaint claim of Rs.4,13,458/- and also to realise 9% interest on the principal loan amount from the date of the suit.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing the bank to recover the loan amount along with interest.
Why Plaintiff Won:
The unrebutted evidence adduced by the plaintiff supported their claim for recovery.
The unrebutted evidence adduced by the plaintiff supported their claim for recovery.
Losing Side's Weaknesses:
The unrebutted evidence adduced by the plaintiff supported their claim for recovery.
The unrebutted evidence adduced by the plaintiff supported their claim for recovery.
Supporting Evidence
From the unrebutted evidence adduced by plaintiff, I hold that the plaintiff’s bank is entitled to the relief as prayed for.
Judgment Evidence:
In the result, the suit is decreed with costs as follows: The plaintiff’s bank is allowed to realise the plaint claim of Rs.4,13,458/- and also to realise 9% interest on the principal loan amount of Rs.2,50,000/- from the date of the suit ie, 13.04.2023 till realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Union Bank of India
- Party Role
- Defendant
- Party Name
- Anjaly Shyladharan
- Party Age
- 30
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Shyladharan
- Party Age
- 59
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Sobhana Shyladharan
- Party Age
- 57
- Relation
- W/o
Plaintiffs Documents
Original loan application, Original Education Loan Agreement, Original Education Loan Guarantee, Original Sanction letter, Original Promissory Note, Debit Balance confirmation letters, Certified copy of statement of Account, Office copy of Lawyer’s notice, Postal Receipts.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Clarness Joseph
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff’s bank is allowed to realise the plaint claim of Rs.4,13,458/- with interest.
Evidence:
I hold that the plaintiff’s bank is entitled to the relief as prayed for.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application submitted by the defendants
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original Education Loan Agreement
Reference:
Ext.A2
Document Type:
Loan Guarantee
Submitted By:
Plaintiff
Relevance:
Original Education Loan Guarantee
Reference:
Ext.A3
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Original Sanction letter
Reference:
Ext.A4
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Original Promissory Note
Reference:
Ext.A5
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Debit Balance confirmation letter
Reference:
Ext.A6
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Debit Balance confirmation letter
Reference:
Ext.A7
Document Type:
Loan Account Statement
Submitted By:
Plaintiff
Relevance:
Certified copy of statement of Account
Reference:
Ext.A8
Document Type:
65B Certificate
Submitted By:
Plaintiff
Relevance:
65 B Certificate
Reference:
Ext.A8(a)
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Office copy of Lawyer’s notice
Reference:
Ext.A9
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Postal Receipts
Reference:
Ext.A10 (series)
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Acknowledgment card and returned cover
Reference:
Ext.A11 (series)
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court Vaikom
Common Reasons
Non-payment of rent
Case Code
Case between Union Bank of India vs Anjaly Shyladharan et al regarding realisation of money.
Case Code Year
Case between Union Bank of India vs Anjaly Shyladharan et al regarding realisation of money.