Case Summary
The plaintiff, State Bank of India, is seeking to recover a loan amount from the defendant, Rajan Nair, who defaulted on repayments. The court found that the defendant owed the claimed amount and ruled in favor of the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
₹6,65,181/- with interest at the rate of 13.50% per annum.
Case Type
Civil Suit
Final Judgment
No
The court ruled in favor of the plaintiff, allowing them to recover the loan amount along with interest and costs from the defendant.
Why Plaintiff Won:
The plaintiff was able to prove the defendant's default and the claim amount through unchallenged evidence.
The plaintiff was able to prove the defendant's default and the claim amount through unchallenged evidence.
Losing Side's Weaknesses:
The plaintiff was able to prove the defendant's default and the claim amount through unchallenged evidence.
The plaintiff was able to prove the defendant's default and the claim amount through unchallenged evidence.
Supporting Evidence
The evidence of the plaintiff is unchallenged because the defendant was set ex parte and PW1 was not cross-examined.
Judgment Evidence:
In the result, suit is decreed with costs as follows: 1.Plaintiff is allowed to realise ₹6,65,181/- from the defendant and his assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- State Bank of India, Poojappura Branch
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Rajan Nair
- Party Age
- 54
- Relation
- S/o
Plaintiffs Documents
20/07/2022 Pre approved ‘X press credit loan’, 25/04/2022 Lawyer’s Notice, 11/12/2019 to 25/04/2022 Statement of account.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. S.K.Ajith Kumar
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realise ₹6,65,181/- from the defendant and his assets.
Evidence:
In the result, suit is decreed with costs as follows: 1.Plaintiff is allowed to realise ₹6,65,181/- from the defendant and his assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realise interest at the rate of 13.50% per annum with monthly rests from 16/07/2022 till the date of decree.
Evidence:
2.Plaintiff is allowed to realise interest at the rate of 13.50% per annum with monthly rests from 16/07/2022 till the date of decree.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realise future interest at the rate of 6% per annum from the date of decree till realisation.
Evidence:
3.Plaintiff is allowed to realise future interest at the rate of 6% per annum from the date of decree till realisation.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realise the costs of the suit from the defendants and their assets.
Evidence:
4.Plaintiff is allowed to realise the costs of the suit from the defendants and their assets.
Documents & Evidence
Document Type:
Pre-approved ‘X press credit loan’
Submitted By:
Plaintiff
Relevance:
This exhibit serves as proof of the loan initially granted to the defendant.
Reference:
Ext.A1
Document Type:
Lawyer’s Notice
Submitted By:
Plaintiff
Relevance:
This notice indicates the plaintiff's demands for repayment of the loan amount.
Reference:
Ext.A2
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document outlines the transaction history related to the loan and the outstanding amount.
Reference:
Ext.A3
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 State Bank of India, Poojappura Branch vs Rajan Nair regarding recovery of money.
Case Code Year
Case between State Bank of India, Poojappura Branch vs Rajan Nair regarding recovery of money.