Case Summary
This suit involves Indian Overseas Bank and a contractor named Rocky P L. The bank is seeking the realization of a loan amount with interest from the defendant.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
Judgment Evidence:
Parties Involved
Plaintiffs
Indian Overseas Bank (36 years years)
Kadavanthra Branch, Madapparambil Building, K P Vallon Road, Ernakulam- 682020
Defendants
Rocky P L (40 years years)
Palliparambil House, South Girinagar, Kadavanthra- 682020
Reliefs
Relief Type:
Damages
Outcome:
Granted
Description:
Realization of outstanding loan amount with interest
Evidence:
Defendant to pay Rs.1,75,261.55/- with interest
Documents & Evidence
Document Type:
Original Credit Sanction advice
Submitted By:
Plaintiff
Relevance:
Plaintiff established loan terms and conditions
Reference:
Ext.A1
Document Type:
Original agreement of term loan and hypothecation
Submitted By:
Plaintiff
Relevance:
Terms of loan agreement and security
Reference:
Ext.A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Document of repayment obligation
Reference:
Ext.A3
Document Type:
Letter of undertaking
Submitted By:
Plaintiff
Relevance:
Undertaking to repay loan
Reference:
Ext.A4
Document Type:
Revival Letter
Submitted By:
Plaintiff
Relevance:
Reactivation of loan facility
Reference:
Ext.A5 to A6
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Notice for outstanding amount
Reference:
Ext.A7
Document Type:
Postal receipt with postal tracking
Submitted By:
Plaintiff
Relevance:
Proof of notice delivery
Reference:
Ext.A8
Document Type:
Printout of account statement along with certificate under the Bankers Book Evidence Act
Submitted By:
Plaintiff
Relevance:
Evidence of loan account statement
Reference:
Ext.A9