Case Summary
The plaintiff, State Bank of India, filed a suit against the defendant, Ajilesh Joseph, for the recovery of an amount he owes due to a loan default. The defendant failed to repay the loan, resulting in legal action by the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant is directed to pay to the plaintiff an amount of ₹7,83,890 with interest at the rate of 6% per annum.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff, ordering the defendant to pay an amount of ₹7,83,890 with interest. The plaintiff is entitled to recover this amount along with the costs of the suit.
Why Plaintiff Won:
The case of the plaintiff stands proved due to uncontested evidence.
The case of the plaintiff stands proved due to uncontested evidence.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
I am of the opinion that the case of the plaintiff stands proved. There is no reason to disbelieve the evidence tendered by PW1.
Judgment Evidence:
In the result, the suit is decreed as follows: The defendant is directed to pay to the plaintiff, an amount of 7,83,890/- (Rupees seven lakhs eighty three thousand eight hundred and ninety only) with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation from the defendant or from assets of defendant.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- State Bank of India
- Party Role
- Defendant
- Party Name
- Ajilesh Joseph
- Party Age
- 28
- Relation
- S/o
Plaintiffs Documents
A1 24.01.2020 X press Credit Loan Application, A2 24.01.2020 Arrangement Letter, A3 24.01.2020 Personal Loan Agreement, A4 24.12.2021 True copy of the Demand Notice, A5 23.03.2022 True copy of the Legal Notice, A6 20.05.2022 True copy of the Demand Notice, A7 19.07.2022 True copy of the Demand Notice
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sreejith S. Nair
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Biju Joseph
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Remil Regi George
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay a total amount of 7,83,890/- to the plaintiff with interest.
Evidence:
I.The defendant is directed to pay to the plaintiff, an amount of 7,83,890/- with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation from the defendant or from assets of defendant.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to the costs of the suit from the defendant.
Evidence:
Considering the nature of the suit and circumstances surrounding the suit, the plaintiff is entitled to the costs of the suit from the defendant.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted as evidence to support the claim regarding the loan taken by the defendant.
Reference:
Ext.A1
Document Type:
Arrangement Letter
Submitted By:
Plaintiff
Relevance:
Submitted to establish the terms of the loan agreement between the plaintiff and the defendant.
Reference:
Ext.A2
Document Type:
Personal Loan Agreement
Submitted By:
Plaintiff
Relevance:
Provided to demonstrate the contractual obligation of the defendant to repay the loan.
Reference:
Ext.A3
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Used to show that the plaintiff notified the defendant about the outstanding loan.
Reference:
Ext.A4
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Indicated the legal steps taken to recover the loan amount from the defendant.
Reference:
Ext.A5
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Another reminder sent to emphasize the need for repayment.
Reference:
Ext.A6
Document Type:
Demand Notice
Submitted By:
Plaintiff
Relevance:
Final notice issued to the defendant before proceeding with legal action.
Reference:
Ext.A7
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Recovery of money
Case Code
Case between State Bank of India vs Ajilesh Joseph regarding realisation of money.
Case Code Year
Case between State Bank of India vs Ajilesh Joseph regarding realisation of money.