Case Summary
Bank of Baroda, represented by its manager, is suing Mrs. Savitha M.K and Mr. Baiju A.K for failure to repay a loan. The defendants have not responded in court and owe a total of ₹99,162 to the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of ₹99,162 with interest at 6% per annum.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The court found the plaintiff's case proved based on uncontested evidence.
The court found the plaintiff's case proved based on uncontested evidence.
Judgment Evidence:
In the result, the suit is decreed as follows: The defendants are directed to pay to the plaintiff, an amount of 99,162/- (Rupees ninety nine thousand one hundred and sixty two only) with interest at the rate of 6% per annum.
Parties Involved
Plaintiffs
Bank of Baroda (erstwhile Vijaya bank) Thrikkakara Branch (Age not specified years)
Bhaskara building, Seaport airport road, Mavelipuram, Kakkanadu Pin : 682021
Defendants
Mrs. Savitha M.K (38 years years)
Malayil house, Kandanadu P.O., Manakunnam Thiruvamkulam Pin : 682 305
Mr. Baiju A.K (41 years years)
Malayil house, Kandanadu P.O, Manakunnam, Thiruvamkulam Pin 682 305
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendants are directed to pay an amount of 99,162/- with interest.
Evidence:
The defendants are directed to pay to the plaintiff, an amount of 99,162/- (Rupees ninety nine thousand one hundred and sixty two only) with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation from the defendants or from assets of defendants.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to the costs of the suit from the defendants.
Evidence:
Considering the nature of the suit and circumstances surrounding the suit, the plaintiff is entitled to the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Used to establish the loan sanction details.
Reference:
Ext.A1
Document Type:
Letter of installment with acceleration clause
Submitted By:
Plaintiff
Relevance:
Provided terms of repayment.
Reference:
Ext.A2
Document Type:
Declaration cum Undertakings cum Authority
Submitted By:
Plaintiff
Relevance:
Outlined the obligations of the defendants.
Reference:
Ext.A3
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Evidence of the promise to repay the loan.
Reference:
Ext.A4
Document Type:
Composite Hypothication Agreement
Submitted By:
Plaintiff
Relevance:
Described the security for the loan.
Reference:
Ext.A5
Document Type:
General form of guarantee
Submitted By:
Plaintiff
Relevance:
Provided details on guarantees related to the loan.
Reference:
Ext.A6
Document Type:
Letter of acknowledgment of debt
Submitted By:
Plaintiff
Relevance:
Document acknowledging the outstanding debt.
Reference:
Ext.A7
Document Type:
Office copy of legal notice
Submitted By:
Plaintiff
Relevance:
Notice sent regarding the loan repayment.
Reference:
Ext.A8
Document Type:
Office copy of legal notice
Submitted By:
Plaintiff
Relevance:
Another copy of the notice regarding the loan repayment.
Reference:
Ext.A8(a)
Document Type:
Postal Acknowledgment Card
Submitted By:
Plaintiff
Relevance:
Acknowledgment of receipt of the legal notices.
Reference:
Ext.A9
Document Type:
Postal Acknowledgment Card
Submitted By:
Plaintiff
Relevance:
Another acknowledgment related to the legal notices.
Reference:
Ext.A9(a)
Document Type:
Computer Print out of Statement of account for the period from 19.11.2021 to 21.11.2024
Submitted By:
Plaintiff
Relevance:
Provided a detailed account of transactions related to the loan.
Reference:
Ext.A10