Case Summary
Vijaya Bank filed a suit against Peethambaran.T. for the recovery of an outstanding loan amount. The defendant had defaulted on loan repayments despite being given notice.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs 64,974/- with interest at the rate of 8.75% per annum from the date of suit till realization.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved their case by providing evidence of the loan agreement and the defendant's failure to repay.
The plaintiff proved their case by providing evidence of the loan agreement and the defendant's failure to repay.
Judgment Evidence:
In the result, the suit is decreed as follows: 1 Plaintiff is entitled to realise an amount of Rs 64,974/- (Rupees Sixty Four Thousand Nine Hundred and Seventy Four only) with interest at the rate of 8.75% per annum from the date of suit till the realization.
Parties Involved
Plaintiffs
Vijaya Bank (Age not specified years)
Defendants
Peethambaran.T. (48 years)
Theyyassanchery House, Mangalam.P.O. Tirur Taluk.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize an amount of Rs 64,974/- along with interest.
Evidence:
The suit is decreed as follows: Plaintiff is entitled to realise an amount of Rs 64,974/- (Rupees Sixty Four Thousand Nine Hundred and Seventy Four only) with interest at the rate of 8.75% per annum from the date of suit till the realization.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize the costs of the suit from the defendants.
Evidence:
Plaintiff is entitled to realise the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Loan agreement cum Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
This document details the loan agreement and terms of repayment.
Reference:
Ext.A1
Document Type:
Acknowledgement of liability
Submitted By:
Plaintiff
Relevance:
These documents serve as acknowledgments of the defendant's liability over time.
Reference:
Ext.A2 to A4
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
This notice was sent to the defendant as part of the legal proceedings.
Reference:
Ext.A5
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
This document shows the detailed transaction history and outstanding amount.
Reference:
Ext.A6