Case Summary
Case filed by Union Bank of India against Rajesh K.V for defaulting on a Mudara loan of Rs.2,00,000 taken on 30.12.2016. Plaintiff seeks repayment of outstanding dues with interest.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant to pay Rs.70,451 with interest @ 11.05% per annum and costs of the suit.
Case Type
Civil Suit
Final Judgment
No
Plaintiff's claim for repayment of loan amount of Rs.70,451 with interest was upheld by the court.
Why Plaintiff Won:
The defendant defaulted on loan repayment despite multiple demands.
The defendant defaulted on loan repayment despite multiple demands.
Losing Side's Weaknesses:
The defendant defaulted on loan repayment despite multiple demands.
The defendant defaulted on loan repayment despite multiple demands.
Supporting Evidence
Judgment Evidence:
The suit is decreed. The defendant do pay ₹70451/- to the plaintiff with interest @ 11.05% per annum from the date of suit till the date of decree and thereafter the defendant do pay interest @ 6% per annum until the date of realization to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Union Bank of India
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Rajesh K.V
- Party Age
- 43
- Relation
- S/o
Plaintiffs Documents
Certified copy of the Account Statement of the defendant dated 06.02.2024, Office copy of lawyer notice dated 04.12.2023, The postal registration receipt dated 05.12.2023
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Babu T Cherian
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Money and Loan Recovery
Outcome:
Granted
Description:
Defendant to pay ₹70451/- to the plaintiff with interest
Evidence:
The defendant is liable to repay the amount as claimed in the suit
Documents & Evidence
Document Type:
Certified copy of the Account Statement of the defendant
Submitted By:
Plaintiff
Relevance:
Established the liability of the defendant
Reference:
Ext.A1
Document Type:
Office copy of lawyer notice
Submitted By:
Plaintiff
Relevance:
Established the liability of the defendant
Reference:
Ext.A2
Document Type:
The postal registration receipt
Submitted By:
Plaintiff
Relevance:
Established the liability of the defendant
Reference:
Ext.A3
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Kolenchery
Common Reasons
Unauthorized occupation
Case Code
Case between Union Bank of India, et al vs Rajesh K.V regarding Loan Repayment
Case Code Year
Case between Union Bank of India, et al vs Rajesh K.V regarding Loan Repayment