Case Summary
The plaintiff, Union Bank of India, is seeking to recover a loan amount from the defendants, including Jeenu Mohan and others. The case arose because the defendants failed to repay the sanctioned loan.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff’s bank is allowed to realise the plaint claim of Rs.4,15,884/- and also to realise 9% interest on the principal loan amount of Rs.2,40,000/- from the date of the suit ie, 13.04.2023 till realisation.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of the plaintiff bank to recover the loan amount along with interest. The court ruled that the plaintiff is entitled to the relief as prayed for.
Why Plaintiff Won:
The plaintiff successfully proved its entitlement to recover the loan amount based on the agreement and the defendants' acknowledgment of the debt.
The plaintiff successfully proved its entitlement to recover the loan amount based on the agreement and the defendants' acknowledgment of the debt.
Losing Side's Weaknesses:
The plaintiff successfully proved its entitlement to recover the loan amount based on the agreement and the defendants' acknowledgment of the debt.
The plaintiff successfully proved its entitlement to recover the loan amount based on the agreement and the defendants' acknowledgment of the debt.
Supporting Evidence
From the unrebutted evidence adduced by plaintiff, I hold that the plaintiff’s bank is entitled to the relief as prayed for.
Judgment Evidence:
In the result, the suit is decreed with costs as follows: The plaintiff’s bank is allowed to realise the plaint claim of Rs.4,15,884/- and also to realise 9% interest on the principal loan amount of Rs.2,40,000/- from the date of the suit ie, 13.04.2023 till realisation.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Union Bank of India
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Jeenu Mohan
- Party Age
- 31
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Mohankumar
- Party Age
- 59
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Sheela Mohankumar
- Party Age
- 57
- Relation
- W/o
Plaintiffs Documents
Original loan application dated 09/07/2012, Original loan education agreement dated 19.09.2012, Original education loan guarantee dated 19.09.2012, Original sanction letter dated 19.09.2012, Original promissory note dated 19.09.2012, Original promissory note dated 10.09.2015, Original debit balance confirmation letter dated 31.08.2018, Original debit balance confirmation letter dated 30.12.2020, Original statement of loan account No.553706550000164 dated 04.04.2023, Office copy of lawyer’s notice dated 05.03.2023.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Adv. Clareness Joseph
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff's bank is allowed to realise the plaint claim of Rs.4,15,884/-
Evidence:
I hold that the plaintiff’s bank is entitled to the relief as prayed for.
Relief Type:
Recovery
Outcome:
Granted
Description:
To realise 9% interest on the principal loan amount of Rs.2,40,000/-
Evidence:
The plaintiff’s bank is allowed to realise... 9% interest on the principal loan amount of Rs.2,40,000/- from the defendants and their assets
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application submitted by the defendants with the plaintiff bank
Reference:
Ext.A1
Document Type:
Education Loan Agreement
Submitted By:
Plaintiff
Relevance:
Original Educational loan agreement
Reference:
Ext.A2
Document Type:
Education Loan Guarantee
Submitted By:
Plaintiff
Relevance:
Original Education loan guarantee
Reference:
Ext.A3
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Original sanction letter
Reference:
Ext.A4
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Original promissory note
Reference:
Ext.A5
Document Type:
Promissory Note
Submitted By:
Plaintiff
Relevance:
Original promissory note dated 10.09.2015
Reference:
Ext.A6
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Original debit balance confirmation letter dated 31.08.2018
Reference:
Ext.A7
Document Type:
Debit Balance Confirmation letter
Submitted By:
Plaintiff
Relevance:
Original debit balance confirmation letter dated 30.12.2020
Reference:
Ext.A8
Document Type:
Statement of Loan Account
Submitted By:
Plaintiff
Relevance:
Original statement of loan account No.553706550000164
Reference:
Ext.A9
Document Type:
65 B Certificate
Submitted By:
Plaintiff
Relevance:
65 B certificate
Reference:
Ext.A9(a)
Document Type:
Lawyer's Notice
Submitted By:
Plaintiff
Relevance:
Office copy of lawyer’s notice
Reference:
Ext.A10
Document Type:
Postal Receipts
Submitted By:
Plaintiff
Relevance:
Postal receipts dated 05.03.2023
Reference:
Ext.A11
Document Type:
Returned Envelope
Submitted By:
Plaintiff
Relevance:
Returned envelop
Reference:
Ext.A12
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court Vaikom
Common Reasons
Non-payment of rent
Case Code
Case between Union Bank of India vs Jeenu Mohan et al regarding realisation of money
Case Code Year
Case between Union Bank of India vs Jeenu Mohan et al regarding realisation of money