State Bank Of K N Palayam Branch Rep by its Branch Manager vs R Kothandan — 78/2025

Summary The Subordinate Court at Sathyamangalam decreed the suit filed by State Bank of India against defendant R. Kothandan, ordering him to pay Rs. 1,53,795 (outstanding loan amount) with 9% annual interest from suit filing to decree date, and thereafter 6% per annum until realization. The court found the plaintiff's claim established through documentary evidence (loan application, hypothecation agreement, revival letters, and account statement) and the defendant's failure to contest the suit after being set ex parte, rendering his default as admission of liability. This case analysis is maintained by casestatus.in based on publicly available court records.