Banking Company

The Karnataka Bank Ltd is suing Chackochan M J for failure to repay a loan taken to purchase a vehicle. The court found the defendant liable for the outstanding amount.

The Karnataka Bank Ltd. filed a suit for recovery of money against Suma Raveendran and Raveendran due to unpaid vehicle loan installments. The defendants defaulted on their payments, leading the bank to classify the loan as a Non-Performing Asset.

The South Indian Bank Limited filed a suit against Sivin Sabu and Krishna Priya K for the recovery of a loan amount. The defendants failed to repay the loan, resulting in a total liability of ₹572558.77.