State Bank of India SMECC Rep by Mr Savan Prakash vs Naveen Kumar Prop of Jayalakshmi coirs — 193/2025
Case under Codeofcivilprocedure Section ORDER VII RULE 1. Disposed: Uncontested--Ex-Parte Decree on 27th March 2026.
COS - Commercial Original Suit
CNR: TNCB230023032024
e-Filing Number
18-11-2024
Filing Number
1461/2024
Filing Date
09-12-2024
Registration No
193/2025
Registration Date
05-06-2025
Court
Commercial Court in the Cadre of Senior Civil Judge, Coimbatore
Judge
1-COMMERCIAL COURT IN THE CADRE OF SENIOR CIVIL JUDGE
Decision Date
27th March 2026
Nature of Disposal
Uncontested--Ex-Parte Decree
Acts & Sections
Petitioner(s)
State Bank of India SMECC Rep by Mr Savan Prakash
Adv. Karuppuswamy S
Respondent(s)
Naveen Kumar Prop of Jayalakshmi coirs
Hearing History
Judge: 1-COMMERCIAL COURT IN THE CADRE OF SENIOR CIVIL JUDGE
Disposed
Judgement
Arguments
Ex-Parte Evidence
Ex-Parte Evidence
| Date | Purpose | Result |
|---|---|---|
| 27-03-2026 | Disposed | |
| 13-03-2026 | Judgement | |
| 11-03-2026 | Arguments | |
| 10-03-2026 | Ex-Parte Evidence | |
| 02-02-2026 | Ex-Parte Evidence |
Final Orders / Judgements
The Coimbatore Commercial Court decreed State Bank of India's suit against the defendant for recovery of Rs. 7,86,380 (comprising Rs. 10,802 for a cash credit loan and Rs. 7,75,578 for a term loan), with future interest at 10.08% per annum from the suit date until decree, and 6% thereafter until realization. The court found the defendant liable based on unchallenged documentary evidence, including loan agreements and bank account statements, as the defendant defaulted on repayment obligations after the loans were classified as NPA. This case analysis is maintained by casestatus.in based on publicly available court records.
Interim Orders
The Coimbatore Commercial Court decreed State Bank of India's suit against the defendant for recovery of Rs. 7,86,380 (comprising Rs. 10,802 for a cash credit loan and Rs. 7,75,578 for a term loan), with future interest at 10.08% per annum from the suit date until decree, and 6% thereafter until realization. The court found the defendant liable based on unchallenged documentary evidence, including loan agreements and bank account statements, as the defendant defaulted on repayment obligations after the loans were classified as NPA. This case analysis is maintained by casestatus.in based on publicly available court records.
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