Case Summary
The plaintiff, Indian Bank, filed a suit against the defendant, Lathakumari.T, for the realization of a loan amount due to default in repayment. The defendant failed to appear in court, leading to a judgment in favor of the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant shall pay an amount of Rs. 67,641/- with interest at the rate of 10.45% per annum.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendant to pay the outstanding loan amount along with interest.
Why Plaintiff Won:
The plaintiff's unchallenged evidence proved its case.
The plaintiff's unchallenged evidence proved its case.
Losing Side's Weaknesses:
The plaintiff's unchallenged evidence proved its case.
The plaintiff's unchallenged evidence proved its case.
Supporting Evidence
Plaintiff's unchallenged evidence proves its case and it is entitled to a decree to realise the amount from the defendant.
Judgment Evidence:
In the result, the suit is decreed with costs and defendant shall pay an amount of Rs. 67,641/-(Rupees Sixty Seven thousand Six hundred and Forty One only) to the plaintiff with interest at the rate of 10.45% per annum for the principal amount from the date of suit till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Indian Bank
- Party Role
- Defendant
- Party Name
- Lathakumari.T
- Party Age
- 58
- Relation
- W/o Vijayan
Plaintiffs Documents
Loan Sanction Ticket, Original Loan Agreement, Original Acknowledgment of Debt-Cum-Security, Statement of account
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. S.I.Shah
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff requested the recovery of the loan amount due.
Evidence:
Thus, the suit is decreed with costs and defendant shall pay an amount of Rs. 67,641/- (Rupees Sixty Seven thousand Six hundred and Forty One only) to the plaintiff with interest at the rate of 10.45% per annum.
Documents & Evidence
Document Type:
Loan Sanction Ticket
Submitted By:
Plaintiff
Relevance:
Original loan sanction ticket evidencing the loan amount sanctioned to the defendant.
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original loan agreement detailing the terms and conditions of the loan granted to the defendant.
Reference:
Ext.A2
Document Type:
Acknowledgment of Debt-Cum-Security
Submitted By:
Plaintiff
Relevance:
Acknowledgment of debt provided by the defendant, indicating her recognition of the outstanding loan amount.
Reference:
Ext.A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement of account showing the financial transactions related to the loan.
Reference:
Ext.A4
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Recovery of money
Case Code
OS.NO.
Case Code Year
2022