State Bank of India, Kethanur Branch re by its Branch Manager vs N. Lingamuthu Gounder Advocate - Balakrishnan.R — 122/2019

Summary The District Commercial Court, Palladam held that the defendant must repay the outstanding agricultural loan amount of Rs. 72,774/- borrowed from State Bank of India with 12% annual interest from the date of filing. The court found the defendant's default established through bank witnesses and documentary evidence showing the loan was availed on 24.08.2007, renewed multiple times, and remained unpaid despite repeated demands, particularly after a legal notice on 02.04.2018. This case analysis is maintained by casestatus.in based on publicly available court records.