Case Summary
Punjab National Bank filed a suit against Injila Devi for the recovery of an outstanding loan amounting to Rs.6,99,501. The defendant did not appear in court, leading to a default judgment in favor of the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realise an amount of Rs.6,99,501 with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant and her assets both movable and immovable.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff bank, allowing them to recover Rs.6,99,501 with interest and costs from the defendant. The defendant was absent and did not contest the claim.
Why Plaintiff Won:
The plaintiff established its case through uncontroverted testimony and supporting documents.
The plaintiff established its case through uncontroverted testimony and supporting documents.
Losing Side's Weaknesses:
The plaintiff established its case through uncontroverted testimony and supporting documents.
The plaintiff established its case through uncontroverted testimony and supporting documents.
Supporting Evidence
From the uncontroverted testimony of PW1 and Ext.A1 to A6 documents the plaintiff had established its case warranting the grant of relief sought for and it is entitled to a decree to realise the amount from the defendant.
Judgment Evidence:
In the result, the suit decreed with costs. Plaintiff is entitled to realise an amount of Rs.6,99,501/- (Rupees Six lakhs ninety nine thousand five hundred and one only) with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant and her assets both movable and immovable.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Punjab National Bank
- Party Role
- Defendant
- Party Name
- Injila Devi
Plaintiffs Documents
A1 05/05/2006 Original Loan Application Form, A2 23/01/2013 Original Agreement for Cash Credit/Working Capital Term Loan- Existing Borrowers, A3 23/01/2013 Limit Proposal Sanction Letter, A4 25/10/2018 Original Balance And Security Confirmation Letter, A5 30/10/2015 Original Balance And Security Confirmation Letter, A6 13/10/2021 Statement of Account
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. P Balakrishnan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. K P Krishnan
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Realisation of an amount of Rs.6,99,501/- with interest.
Evidence:
Thus, the suit is liable to decreed with costs. Plaintiff is entitled to realise an amount of Rs.6,99,501/- (Rupees Six lakhs ninety nine thousand five hundred and one only) with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant and her assets both movable and immovable.
Documents & Evidence
Document Type:
Original Loan Application form
Submitted By:
Plaintiff
Relevance:
This document was marked to establish the loan application made by the defendant.
Reference:
Ext.A1
Document Type:
Original Agreement for Cash Credit/Working Capital Term Loan - Existing Borrowers
Submitted By:
Plaintiff
Relevance:
This document was marked to show the agreement regarding the cash credit limit.
Reference:
Ext.A2
Document Type:
Limit Proposal Sanction Letter
Submitted By:
Plaintiff
Relevance:
This document was marked to confirm the sanction of the loan limit.
Reference:
Ext.A3
Document Type:
Original balance and security confirmation letter
Submitted By:
Plaintiff
Relevance:
This document was marked to show the balance and security confirmation executed by the defendant.
Reference:
Ext.A4
Document Type:
Original balance and security confirmation letter
Submitted By:
Plaintiff
Relevance:
This document was marked as additional balance and security confirmation.
Reference:
Ext.A5
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document was marked to present the outstanding amount due to the plaintiff.
Reference:
Ext.A6
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
Case between Punjab National Bank vs Injila Devi regarding realisation of money
Case Code Year
Case between Punjab National Bank vs Injila Devi regarding realisation of money