Case Summary
UCO Bank filed a suit against Rajeena. S. for the recovery of loan amount due to default. The court found in favor of the plaintiff bank as the defendant failed to appear.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
`1,58,978/- with interest and costs
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit, allowing UCO Bank to recover the amount of `1,58,978/- along with interest and costs.
Why Plaintiff Won:
The plaintiff bank has established its entitlement to the claimed amount as the defendant did not contest the matter.
The plaintiff bank has established its entitlement to the claimed amount as the defendant did not contest the matter.
Losing Side's Weaknesses:
The plaintiff bank has established its entitlement to the claimed amount as the defendant did not contest the matter.
The plaintiff bank has established its entitlement to the claimed amount as the defendant did not contest the matter.
Supporting Evidence
This court is of the view that the plaintiff bank has established that the plaintiff bank is entitled to realize the amount claimed in the suit with interest.
Judgment Evidence:
The plaintiff is entitled to realize `1,58,978/- (Rupees One Lakh Fifty Eight Thousand Nine Hundred and Seventy Eight only) with 12% interest from the date of suit till the date of decree and thereafter 6% interest till the date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- UCO Bank
- Party Role
- Defendant
- Party Name
- Rajeena. S.
- Party Age
- 41
- Relation
- D/o
Plaintiffs Documents
Loan application, loan sanction letter, loan agreement, hypothecation deed, demand promissory note, waiver letter, advocate notice, postal receipt, statement of account
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. H. Sumanas
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. R. Suresh Babu
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is entitled to recover the amount claimed.
Evidence:
the plaintiff bank has established that the plaintiff bank is entitled to realize the amount claimed in the suit
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff is entitled to costs of the suit.
Evidence:
the defendant can be directed to pay costs of the proceeding to the plaintiff
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted by the defendant for loan approval.
Reference:
Ext.A1
Document Type:
Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
Letter confirming the loan sanctioned to the defendant.
Reference:
Ext.A2
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Agreement outlining the terms of the loan.
Reference:
Ext.A3
Document Type:
Hypothecation Deed
Submitted By:
Plaintiff
Relevance:
Document securing the loan with collateral.
Reference:
Ext.A4
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Note acknowledging the loan obligation of the defendant.
Reference:
Ext.A5
Document Type:
Waiver Letter
Submitted By:
Plaintiff
Relevance:
Document waiving certain rights or conditions.
Reference:
Ext.A6
Document Type:
Advocate Notice
Submitted By:
Plaintiff
Relevance:
Legal notice sent to the defendant regarding loan recovery.
Reference:
Ext.A7
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Receipt confirming the sending of the legal notice.
Reference:
Ext.A8
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Document detailing the account transactions and outstanding loan.
Reference:
Ext.A9
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiffs Court, Varkala
Common Reasons
Non-payment of rent
Case Code
Case between UCO Bank vs Rajeena. S. regarding loan repayment
Case Code Year
Case between UCO Bank vs Rajeena. S. regarding loan repayment