Case Summary
UCO Bank filed a suit against defendant Jameela.K seeking realisation of unpaid loan amounts with accrued interest after the defendant defaulted on loan repayments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of outstanding loan amounts with accrued interest
Case Type
Civil Suit - Money Realisation
Final Judgment
No
The court decreed in favor of the plaintiff, directing the defendant to pay the outstanding principal amounts along with accrued interest on two separate loans.
Why Plaintiff Won:
The plaintiff provided reliable evidence of default in loan repayments and the outstanding amounts due, which remained unchallenged by the defendant.
The plaintiff provided reliable evidence of default in loan repayments and the outstanding amounts due, which remained unchallenged by the defendant.
Losing Side's Weaknesses:
The plaintiff provided reliable evidence of default in loan repayments and the outstanding amounts due, which remained unchallenged by the defendant.
The plaintiff provided reliable evidence of default in loan repayments and the outstanding amounts due, which remained unchallenged by the defendant.
Supporting Evidence
Given the unchallenged evidence provided by the plaintiff including statements of accounts, loan agreements, and default notices, the court found in favor of the plaintiff regarding the outstanding loan amounts and interest.
Judgment Evidence:
The suit is decreed as follows: The defendant is hereby directed to pay the plaintiff Bank an amount of Rs.1,67,355/- ... Defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- UCO Bank
- Party Role
- Defendant
- Party Name
- Jameela.K
- Party Age
- 50
- Relation
- W/o. Koyakutty.M
Plaintiffs Documents
Loan Application, Loan sanction letter, Agreement, Deed of Hypothecation, Demand of promissory note, Letter of continuity
Defendants Documents
Copy of lawyer notice, Statement of account
Advocates
Reliefs
Relief Type:
Payment of outstanding loan amounts with accrued interest
Outcome:
Granted
Description:
Directing defendant to pay the plaintiff Bank the outstanding loan amounts with accrued interest
Evidence:
The defendant is hereby directed to pay the plaintiff Bank an amount of Rs.1,67,355/- with interest at 10.70% per annum on Rs.1,66,777/- from the date of the suit till the realization of the amount.
Relief Type:
Payment of outstanding loan amounts with accrued interest
Outcome:
Granted
Description:
Directing defendant to pay the plaintiff Bank an amount of Rs.6,26,998/- with interest at 12.70% per annum on Rs.6,11,052/- from the date of the suit till the realization of the amount.
Evidence:
Defendant is hereby directed to pay the Plaintiff Bank an amount of Rs.6,26,998/- with interest at 12.70% per annum on 6,11,052/- from the date of the suit till the realization of the amount.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Application submitted by defendant for term loan
Reference:
A1
Document Type:
Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
Letter indicating sanction of the term loan
Reference:
A2
Document Type:
Copy of Lawyer Notice
Submitted By:
Defendant
Relevance:
Copy of the lawyer notice sent to the defendant
Reference:
A11
Document Type:
Statement of Account
Submitted By:
Defendant
Relevance:
Statements of account showing outstanding amounts due
Reference:
A12, A13
Case Classification
Case Type
Civil Suit - Money Realisation
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Default on loan repayments
Case Code
Case between UCO Bank vs Jameela.K et al regarding money realisation
Case Code Year
Case between UCO Bank vs Jameela.K et al regarding money realisation