Case Summary
The Union Bank of India filed a suit against Sukumaran K.K for defaulting on a loan repayment. The loan, taken by the defendant for purchasing an auto rickshaw, was not repaid as per agreed terms.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant do pay ₹ 1,92,703/- to the plaintiff with interest @ 11.05% per annum from the date of suit till the date of decree.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff established the liability of the defendant through oral testimony and documentary evidence.
The plaintiff established the liability of the defendant through oral testimony and documentary evidence.
Judgment Evidence:
In the result:- a)The suit is decreed. The defendant do pay ₹ 1,92,703/ 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
Plaintiffs
Union Bank of India (Age not specified years)
Kolenchery Branch, St.Peter’s College Trust Building, Kolenchery P.O, Aikkaranadu South Village
Defendants
Sukumaran K.K (61 years)
Konattu House, Vadavucode Kara, Vadavucode P.O, Vadavucode Village, Kunnathunadu Taluk, Pin : 682310
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover ₹ 1,92,703/- from the defendant with interest.
Evidence:
I am of the view that the plaintiff is entitled to get relief in the suit.
Relief Type:
Cost
Outcome:
Granted
Description:
The plaintiff is entitled to get costs of the suit.
Evidence:
The plaintiff is also entitled to get costs of the suit.
Documents & Evidence
Document Type:
Certified copy of the Account Statement
Submitted By:
Plaintiff
Relevance:
This document was used to establish the liability of the defendants for the outstanding loan amount.
Reference:
Ext.A1
Document Type:
Office copy of lawyer notice
Submitted By:
Plaintiff
Relevance:
This document was used to show that the plaintiff bank made demands for repayment of the loan amount.
Reference:
Ext.A2
Document Type:
The postal registration receipt
Submitted By:
Plaintiff
Relevance:
This document was used to support the claim that notice was sent to the defendant.
Reference:
Ext.A3