Case Summary
The case involves Vijaya Bank, which is seeking to recover a loan amount from M.P.Nainar. M.P.Nainar defaulted on the repayment of a loan taken for agricultural purposes.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is entitled to realize an amount of Rs 67,683/- with interest at the rate of 10% per annum from the date of suit till the date of realization.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The plaintiff proved the case by adducing cogent and reliable evidence.
The plaintiff proved the case by adducing cogent and reliable evidence.
Judgment Evidence:
In the result, the suit is decreed as follows. 1. Plaintiff is entitled to realize an amount of Rs 67,683/- (Rupees Sixty Seven Thousand Six Hundred and Eighty Three only) with interest at the rate of 10 % per annum from the date of suit till the date of realization.
Parties Involved
Plaintiffs
Vijaya Bank (Age not specified years)
Rep. By its Branch Manager, Tirur Branch
Defendants
M.P.Nainar (45 years)
Manal Parambil House, Purathur amsom desom & Post., Tirur Taluk.
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize an amount of Rs 67,683/- with interest.
Evidence:
Therefore, I am satisfied that the plaintiff has proved his case by adducing cogent and reliable evidence. Hence the plaintiff is entitled to a decree as prayed for.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to realize the costs of the suit from the defendants.
Evidence:
Plaintiff is entitled to realize the costs of the suit from the defendants.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
This document was used to establish that the defendant applied for a loan.
Reference:
Ext.A1
Document Type:
Loan Sanction Advice
Submitted By:
Plaintiff
Relevance:
This document shows the approval of the loan applied for by the defendant.
Reference:
Ext.A2
Document Type:
Loan agreement cum Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
This document details the terms and conditions of the loan agreement between the plaintiff and defendant.
Reference:
Ext.A3
Document Type:
Acknowledgements of liability
Submitted By:
Plaintiff
Relevance:
These documents confirm the liabilities acknowledged by the defendant regarding the loan.
Reference:
Ext.A4 to A7
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
This document serves as evidence of the demand made to the defendant for repayment.
Reference:
Ext.A8
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
This document provides details on the account transactions related to the loan.
Reference:
Ext.A9