Case Summary
The State Bank of India filed a suit against Shanlo Poulose for the recovery of loan amounts. The court found that the defendant had defaulted on the loans secured by pledged gold ornaments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Total loan amount of Rs.65,118/- with 6% interest from the date of suit till the date of realization and costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff, allowing the State Bank of India to recover the total loan amount with interest. The plaintiff was entitled to realize Rs.65,118/- along with costs from the defendant.
Why Plaintiff Won:
The plaintiff established its case through the uncontroverted testimony and documents presented.
The plaintiff established its case through the uncontroverted testimony and documents presented.
Losing Side's Weaknesses:
The plaintiff established its case through the uncontroverted testimony and documents presented.
The plaintiff established its case through the uncontroverted testimony and documents presented.
Supporting Evidence
Considering the facts and circumstances of the case, the court found that the plaintiff had established its case warranting the grant of relief sought for.
Judgment Evidence:
In the result, the suit decreed with costs. Plaintiff is entitled to realise total loan amount of Rs.65,118/- (Rupees Sixty five thousand one hundred and eighteen only) with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant and his assets both movables and immovables.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- State Bank of India
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Shanlo Poulose
- Party Age
- 28
- Relation
- S/o
Plaintiffs Documents
Original Application Cum Appraisal For Loans Against Gold/Silver Ornaments, Original Arrangement Letter Cum Memorandum in respect of Loan Against Gold/Silver Ornaments, Original DP Note and DP Note take Delivery Letter, Copy of Notice U/s 91 Cr.PC issued from Fort Police Station, Photocopy of Receipt issued by the SI of Police, Fort Police Station, Statement of Account.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. S Williams
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff sought to recover the total loan amount along with interest from the defendant.
Evidence:
the suit decreed with costs Plaintiff is entitled to realise total loan amount of Rs.65,118/- (Rupees Sixty five thousand one hundred and eighteen only) with 6% interest from the date of suit till the date of realisation and cost of the suit from the defendant
Documents & Evidence
Document Type:
Original Application Cum Appraisal For Loans Against Gold/Silver Ornaments
Submitted By:
Plaintiff
Relevance:
This document supported the plaintiff's claim for the loans sanctioned to the defendant.
Reference:
Ext.A1
Document Type:
Original Arrangement Letter Cum Memorandum in respect of Loan Against Gold/Silver Ornaments
Submitted By:
Plaintiff
Relevance:
This document supported the terms of the loan agreement.
Reference:
Ext.A2
Document Type:
Original DP Note and DP Note take Delivery Letter
Submitted By:
Plaintiff
Relevance:
This document served as evidence of the debt obligation by the defendant.
Reference:
Ext.A3
Document Type:
Original Application Cum Appraisal For Loans Against Gold/Silver Ornaments
Submitted By:
Plaintiff
Relevance:
This document supported the second loan sanctioned to the defendant.
Reference:
Ext.A4
Document Type:
Original Arrangement Letter Cum Memorandum in respect of Loan Against Gold/Silver Ornaments
Submitted By:
Plaintiff
Relevance:
This document supported the terms of the second loan agreement.
Reference:
Ext.A5
Document Type:
Original DP Note and DP Note take Delivery Letter
Submitted By:
Plaintiff
Relevance:
This document served as evidence of the debt obligation by the defendant for the second loan.
Reference:
Ext.A6
Document Type:
Copy of Notice U/s 91 Cr.PC issued from Fort Police Station
Submitted By:
Plaintiff
Relevance:
This document relates to police action regarding the stolen gold ornaments.
Reference:
Ext.A7
Document Type:
Photocopy of Receipt issued by the SI of Police, Fort Police Station
Submitted By:
Plaintiff
Relevance:
This document served as proof of police documentation concerning the case.
Reference:
Ext.A8
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document detailed the amounts due from the defendant on the loans.
Reference:
Ext.A9
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 Shanlo Poulose regarding realisation of money
Case Code Year
Case between State Bank of India vs Shanlo Poulose regarding realisation of money