Case Summary
Plaintiff, Union Bank of India, filed suit for recovery of an agricultural loan against defendants who defaulted on repayment. Defendants failed to clear outstanding dues despite multiple warnings.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 1,95,226/- with interest @ 6% per annum
Case Type
Money Recovery Suit
Final Judgment
No
Why Plaintiff Won:
Judgment Evidence:
Parties Involved
Plaintiffs
Union Bank of India (Age not specified years)
Kolenchery Branch, St.Peter's College Trust Building, Kolenchery P.O, Aikkaranadu South Village
Defendants
Muhammedunni P.A (37 years years)
Palackal House, Ponjassery Kara, Madathipady, West Vengola P.O, Arackappady Village, Kunnathunadu Taluk, Ernakulam District, Pin : 683556
Fizal K.K (45 years years)
Kunjanparambil House, Kunnathukara Kara, Marampilly P.O, Marampilly Village, Kunnathunadu Taluk, Ernakulam District, Pin : 683105
Reliefs
Relief Type:
Money and Loan Recovery
Outcome:
Granted
Description:
Plaintiff awarded Rs. 1,95,226 with 6% interest per annum
Evidence:
The evidence on record establishes the default in repayment and the amount outstanding
Documents & Evidence
Document Type:
Certified copy of the Account Statement
Submitted By:
Plaintiff
Relevance:
Establishes execution of loan documents and default in repayment
Reference:
Ext.A1
Document Type:
Office copy of the lawyer notice
Submitted By:
Plaintiff
Relevance:
Establishes acknowledgment of debt
Reference:
Ext.A2
Document Type:
Postal registration receipt
Submitted By:
Plaintiff
Relevance:
Establishes the default in repayment and amount outstanding
Reference:
Ext.A3, Ext.A3(a)