Case Summary
UCO Bank filed a suit against Naseela Navas and others for the recovery of an educational loan amounting to Rs.6,23,087/-. The defendants defaulted on repayment, leading to the bank's claim for the outstanding amount.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize Rs.6,23,087/- from the defendants and from their assets.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unrebutted oral testimony and documents proved the plaintiff's claim.
The unrebutted oral testimony and documents proved the plaintiff's claim.
Judgment Evidence:
In the result, suit is decreed as follows, The plaintiff is entitled to realize Rs.6,23,087/- (Rupees Six Lakhs Twenty Three Thousand and Eighty Seven only) from the defendants and from their assets.
Parties Involved
Plaintiffs
UCO Bank (Age not specified years)
Vallarpadam/Mulavukad Branch, Valiyaparambil Square, Panambukadu Road, Vallarpadam, Ernakulam, Pin- 682504
Defendants
Naseela Navas (28 years)
Areeparambil House, Mulavukad.P.O, Ernakulam District, Pin-682504
Navas V K (55 years)
Areeparambil House, Mulavukad.P.O, Ernakulam District, Pin-682504
Soudhabie Navas (51 years)
Areeparambil House, Mulavukad.P.O, Ernakulam District, Pin-682504
Sajitha Shahir (53 years)
Illikkal House, Madavana, Kumbalam, Fanngad P.O, Ernakulam District, Pin-682506
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize Rs.6,23,087/- from the defendants.
Evidence:
The plaintiff is entitled to realize Rs.6,23,087/- (Rupees Six Lakhs Twenty Three Thousand and Eighty Seven only) from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize interest @ 12% per annum from the date of suit till date of decree.
Evidence:
The plaintiff is entitled to realize interest @ 12% per annum for Rs.6,23,087/- (Rupees Six Lakhs Twenty Three Thousand and Eighty Seven only) from the date of suit till date of decree from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize interest @ 6% per annum from date of decree till date of realization.
Evidence:
The plaintiff is entitled to realize interest @ 6% per annum for Rs.6,23,087/- (Rupees Six Lakhs Twenty Three Thousand and Eighty Seven only) from date of decree till date of realization from the defendants and from their assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize costs of the suit from the defendants.
Evidence:
The plaintiff is entitled to realize costs of the suit from the defendants and from their assets.
Documents & Evidence
Document Type:
Original Sanction letter
Submitted By:
Plaintiff
Relevance:
Contains the terms and conditions of sanction, duly signed and accepted by the defendants.
Reference:
Ext.A1
Document Type:
Original agreement for Educational loan
Submitted By:
Plaintiff
Relevance:
Duly signed and accepted by the defendant on 17.11.2016.
Reference:
Ext.A2
Document Type:
Original Guarantee agreement
Submitted By:
Plaintiff
Relevance:
Executed by the defendant No. 4 on 17.11.2016.
Reference:
Ext.A3
Document Type:
Original promissory note
Submitted By:
Plaintiff
Relevance:
Executed by the defendant in favour of the plaintiff Bank dated 17.11.2016.
Reference:
Ext.A4
Document Type:
Original agreement
Submitted By:
Plaintiff
Relevance:
Executed by the Defendants No.1 to 3 on 17.11.2016 in favour of plaintiff.
Reference:
Ext.A5
Document Type:
Revival Letter
Submitted By:
Plaintiff
Relevance:
Executed by the defendants on 31.10.2019, acknowledging the outstanding loan liability.
Reference:
Ext.A6
Document Type:
Revival Letter
Submitted By:
Plaintiff
Relevance:
Executed by the defendants on 31.10.2022, reaffirming the debt's validity.
Reference:
Ext.A7
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Statement under Term Loan under UCO Educational Loan Scheme along with certification.
Reference:
Ext.A8
Document Type:
Printout of calculation statement of interest
Submitted By:
Plaintiff
Relevance:
Includes certification and breakdown of interest calculation.
Reference:
Ext.A9