Case Summary
M/s. ICICI Bank Ltd. is suing Jayakrishnan V for the recovery of a loan amount. Jayakrishnan failed to repay the loan, and the bank seeks to recover the outstanding amount.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
An amount of ₹3,75,120.44 with interest at the rate of 6% per annum from the date of institution of the suit.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The evidence tendered by PW1 was uncontested and sufficient to prove the plaintiff's case.
The evidence tendered by PW1 was uncontested and sufficient to prove the plaintiff's case.
Judgment Evidence:
In the result, the suit is decreed as follows: I. The defendant is directed to pay to the plaintiff, an amount of 3,75,120.44/- with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation.
Parties Involved
Plaintiffs
M/s. ICICI Bank Ltd. (Age not specified years)
Zonal Office, Pushpamangalam Estates, NH bye Pass, Edappally, Ernakulam, Pin – 682 025
Defendants
Jayakrishnan V (32 years)
Palliampil (H), Chennithala P.O, Mavelikkara, Alappuzha – 690 105
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay to the plaintiff an amount of 3,75,120.44/- with interest.
Evidence:
The defendant is directed to pay to the plaintiff, an amount of 3,75,120.44/- with interest at the rate of 6% per annum (simple interest) from the date of institution of the suit, till its realisation from the defendant or his assets.
Relief Type:
Other
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:
Certified copy of the Power of Attorney
Submitted By:
Plaintiff
Relevance:
Used to establish the authority of the plaintiff to file the case.
Reference:
Ext.A1
Document Type:
Preliminary Credit Facility Application form
Submitted By:
Plaintiff
Relevance:
Used to show the initial loan application submitted by the defendant.
Reference:
Ext.A2
Document Type:
Credit Facility Application Form
Submitted By:
Plaintiff
Relevance:
Serves as evidence of the terms of the loan agreement.
Reference:
Ext.A3
Document Type:
True copy of the loan recall notice
Submitted By:
Plaintiff
Relevance:
Demonstrates the demand for repayment made to the defendant.
Reference:
Ext.A4
Document Type:
Computer generated loan account details
Submitted By:
Plaintiff
Relevance:
Details the outstanding amount owed by the defendant.
Reference:
Ext.A5