Case Summary
The plaintiff, State Bank of India, filed a suit against the defendant, Krishnadas N.V, for the recovery of a loan amount of ₹61,064/- due to non-payment. The defendant failed to appear in court, leading to an ex-parte judgment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹61,064/- with 6% interest and costs.
Case Type
Civil Suit
Final Judgment
No
The court ruled in favor of the plaintiff, allowing them to recover the outstanding loan amount along with interest and costs.
Why Plaintiff Won:
The evidence presented by the plaintiff established that the defendant had not fulfilled their payment obligations under the loan agreement.
The evidence presented by the plaintiff established that the defendant had not fulfilled their payment obligations under the loan agreement.
Losing Side's Weaknesses:
The evidence presented by the plaintiff established that the defendant had not fulfilled their payment obligations under the loan agreement.
The evidence presented by the plaintiff established that the defendant had not fulfilled their payment obligations under the loan agreement.
Supporting Evidence
The oral and documentary evidence presented by PW1 proves that an amount of ₹61,064/- (Rupees Sixty-One Thousand and Sixty-Four only) is due from the defendant. The documents produced by the plaintiff show that the defendant is liable to pay this amount.
Judgment Evidence:
In the result; the suit is decreed as follows: a)The plaintiff is entitled to realize an amount of ₹61,064/- (Rupees Sixty-One Thousand and Sixty-Four only) with 6% interest from the date of the suit till date of realization from the defendant and his assets. b) The plaintiff is also entitled to realize the costs of this suit from the defendant and his assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- State Bank of India
- Relation
- represented by its Branch Manager
- Party Role
- Defendant
- Party Name
- Krishnadas N.V
Plaintiffs Documents
Original Loan application, Original arrangement letter, Original personal loan agreement, Standing instruction letter, Copy of the Account statement, Advocate’s notice
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.Arun Gopalakrishnan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Athira D.R
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri.Udayakumar
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri.Ampady Rajkumar
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. Varun Gopalakrishnan Nair
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover an amount of ₹61,064/- with interest from the defendant.
Evidence:
In the result; the suit is decreed as follows: a) The plaintiff is entitled to realize an amount of ₹61,064/- (Rupees Sixty-One Thousand and Sixty-Four only) with 6% interest from the date of the suit till date of realization from the defendant and his assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the costs of the suit from the defendant.
Evidence:
b) The plaintiff is also entitled to realize the costs of this suit from the defendant and his assets.
Documents & Evidence
Document Type:
Original loan application
Submitted By:
Plaintiff
Relevance:
This document was presented as evidence that the loan was applied for by the defendant.
Reference:
Ext.A1
Document Type:
Original arrangement letter
Submitted By:
Plaintiff
Relevance:
This document outlines the terms agreed upon for the loan between the plaintiff and the defendant.
Reference:
Ext.A2
Document Type:
Original personal loan agreement
Submitted By:
Plaintiff
Relevance:
This document contains the formal agreement for the personal loan taken by the defendant.
Reference:
Ext.A3
Document Type:
Standing instruction letter
Submitted By:
Plaintiff
Relevance:
This letter authorizes the bank to deduct EMIs from the defendant's salary account.
Reference:
Ext.A4
Document Type:
Copy of the account statement
Submitted By:
Plaintiff
Relevance:
This document shows the financial transactions and outstanding balance on the loan.
Reference:
Ext.A5
Document Type:
Advocate’s notice
Submitted By:
Plaintiff
Relevance:
This notice was sent to the defendant regarding the outstanding loan amount.
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 State Bank of India vs Krishnadas N.V regarding Suit for realisation of money
Case Code Year
Case between State Bank of India vs Krishnadas N.V regarding Suit for realisation of money