Case Summary
Meera N B, an LIC agent, is suing Vincy E J and others for repayment of a loan of Rs. 5,50,000/- that she lent to them for construction of their house. The defendants failed to repay the loan despite several demands from the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants shall pay Rs.6,49,000/- along with interest at the rate of 6% per annum
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff provided sufficient evidence that the loan was given and not repaid.
The plaintiff provided sufficient evidence that the loan was given and not repaid.
Judgment Evidence:
In the result, suit is decreed as follows: Defendants shall pay Rs.6,49,000/- (Rupees Six lakhs forty nine thousand only) along with interest @ 6% from the date of suit till the date of decree or realization, as the case may be, to the plaintiff.
Parties Involved
Plaintiffs
Meera N B (36 years)
Neethilikkalparambu House, Changampuzha Road, Edappally, residing at Olattu House, Poojari Lane, BTS Road, Near Changampuzha Park, Edappally, Ernakulam
Defendants
Vincy E J (46 years)
Vachakkal House, Mundamveli P O, Manassery Desom, Rameswaram Village, Kochi Taluk
Martin (50 years)
Vachakkal House, Mundamveli P O, Manassery Desom, Rameswaram Village, Kochi Taluk
Moly Ranjan (46 years)
Uttaparambil House, Manassery, Mundamveli
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize an amount of Rs.6,49,000/- from the defendants.
Evidence:
Court is satisfied that plaintiff has proved her case and is liable to get a decree in her favour.
Relief Type:
Interest
Outcome:
Granted
Description:
Defendants are directed to pay interest at the rate of 6% per annum from the date of suit till the date of decree or realization.
Evidence:
Defendants shall pay interest at the rate of 6% per annum from the date of suit till the date of decree or realization, as the case may be, to the plaintiff.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff is entitled to realize the costs of the suit.
Evidence:
Plaintiff is also entitled to realize the costs of the suit.
Documents & Evidence
Document Type:
Original Bank pass book
Submitted By:
Plaintiff
Relevance:
Shows that the plaintiff debited Rs.1,00,000/- in cash and transferred Rs.2,00,000/- to the 2nd defendant and Rs.2,50,000/- to the 3rd defendant.
Reference:
Ext.A1
Document Type:
Copy of plaint
Submitted By:
Defendant
Relevance:
Serves as a document provided to the defendants indicating the amount received by the plaintiff from her husband.
Reference:
Ext.B1
Document Type:
Statement of Account
Submitted By:
Court
Relevance:
Details the bank transactions of the plaintiff during the relevant period, corroborating her claims.
Reference:
Ext.X1