Case Summary
The plaintiff, Indian Overseas Bank, claims the defendant, Aneesh Kumar A, has failed to repay a loan amounting to ₹6,80,737.13. The case proceeded ex parte after the defendant did not appear.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant is directed to pay to the plaintiff an amount of ₹6,80,737.13 with interest.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The case of the plaintiff stands proved based on uncontested evidence.
The case of the plaintiff stands proved based on uncontested evidence.
Judgment Evidence:
In the result, the suit is decreed as follows: I. The defendant is directed to pay to the plaintiff, an amount of 6,80,737.13/- (Rupees six lakh eighty thousand seven hundred and thirty seven and thirteen paise only) with interest at the rate of 6% per annum.
Parties Involved
Plaintiffs
Indian Overseas Bank (Age not specified years)
M.G Road, Ernakulam, Kerala State
Defendants
Aneesh Kumar A (Age not specified years)
Villa No.D-2, Palm Nova, Vallumel Road, Thekkumbhagam Thripunithura, Nadama, Ernakulam, PIN: 682 301
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay the plaintiff an amount of ₹6,80,737.13 with interest.
Evidence:
The defendant is directed to pay to the plaintiff, an amount of 6,80,737.13/- with interest at the rate of 6% per annum from the date of institution of the suit, till its realisation from the defendant or from assets of defendant.
Relief Type:
Possession
Outcome:
Granted
Description:
The plaintiff shall be at liberty to realise the amount from the defendant or from the defendant's assets.
Evidence:
If the defendant do not pay the amount as ordered, the plaintiff shall be at the liberty to realise the same from the defendant or from assets of defendant.
Relief Type:
Costs
Outcome:
Granted
Description:
The plaintiff is entitled to the costs of the suit from the defendant.
Evidence:
Considering the nature of the suit and circumstances surrounding the suit, the plaintiff is entitled to the costs of the suit from the defendant.
Documents & Evidence
Document Type:
Credit Sanction Advice
Submitted By:
Plaintiff
Relevance:
Produced as evidence to support the loan agreement.
Reference:
Ext.A1
Document Type:
Deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Produced as evidence to support the collateral for the loan.
Reference:
Ext.A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Produced as evidence of the defendant's promise to repay the loan.
Reference:
Ext.A3
Document Type:
Letter of undertaking
Submitted By:
Plaintiff
Relevance:
Produced as evidence of the terms agreed upon by the defendant.
Reference:
Ext.A4
Document Type:
Request Draft
Submitted By:
Plaintiff
Relevance:
Produced to further support the loan agreement.
Reference:
Ext.A5
Document Type:
Combined Demand Notice
Submitted By:
Plaintiff
Relevance:
Produced to show the notice sent to the defendant regarding repayment.
Reference:
Ext.A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Presented to show the account details and outstanding amount.
Reference:
Ext.A7
Document Type:
Revival Letter
Submitted By:
Plaintiff
Relevance:
Produced as evidence related to the continuation of the loan agreement.
Reference:
Ext.A8
Document Type:
Combined Demand Notice to Borrowers
Submitted By:
Plaintiff
Relevance:
Produced to indicate the formal demand made to the defendant.
Reference:
Ext.A9
Document Type:
Revival Letter
Submitted By:
Plaintiff
Relevance:
Presented as part of the documentation related to the loan agreement.
Reference:
Ext.A10