Case Summary
The plaintiff, UCO Bank, filed this suit for the realization of a loan amount due against the defendants, Sumesh and Ajumon. The defendants defaulted on their repayment obligations following a loan sanctioned to Sumesh.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is hereby entitled to realize ₹5,29,900/- with 9% interest from the date of suit till the date of decree and 6% interest from the date of decree till date of realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing UCO Bank to recover the due amount with interest from the defendants.
Why Plaintiff Won:
The plaintiff bank established its case through unchallenged oral and documentary evidence.
The plaintiff bank established its case through unchallenged oral and documentary evidence.
Losing Side's Weaknesses:
The plaintiff bank established its case through unchallenged oral and documentary evidence.
The plaintiff bank established its case through unchallenged oral and documentary evidence.
Supporting Evidence
The plaintiff bank can be permitted to realize the cost of the proceedings from the defendants as the case was established through unchallenged evidence.
Judgment Evidence:
In the result, suit is decreed as follows: 1. The plaintiff is hereby entitled to realize ₹5,29,900/- from the defendants with 9% interest from the date of suit till the date of decree and 6% interest from the date of decree till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- UCO Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Sumesh
- Party Age
- 46
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Ajumon
- Party Age
- 44
- Relation
- S/o
Plaintiffs Documents
Loan application submitted by the defendant on 02/07/2019, Sanction Order, Loan agreement dated 10/01/2020, Guarantee agreement dated 10/01/2020, Copy of advocate notice dated 13/10/2022, Postal receipts, 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:
Damages
Outcome:
Granted
Description:
The plaintiff is entitled to realize `5,29,900/- from the defendants with interest.
Evidence:
This court is having no hesitation to hold that the plaintiff is entitled to realize the amount of `5,29,900/- (Rupees Five Lakhs Twenty Nine Thousand and Nine Hundred only) with interest.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to realize costs of the proceedings from the defendants.
Evidence:
The plaintiff bank can be permitted to realize cost of the proceedings from the defendants.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The document is the loan application submitted by the defendant on 02.07.2019.
Reference:
Ext.A1
Document Type:
Sanction order
Submitted By:
Plaintiff
Relevance:
The document is the sanction order for the loan issued to the defendant.
Reference:
Ext.A2
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
The document is the loan agreement dated 10.01.2020.
Reference:
Ext.A3
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
The document is the guarantee agreement dated 10.01.2020.
Reference:
Ext.A4
Document Type:
Copy of Advocate Notice
Submitted By:
Plaintiff
Relevance:
The document is a copy of the advocate notice dated 13.10.2022.
Reference:
Ext.A5
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
The document is a postal receipt.
Reference:
Ext.A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
The document is the statement of account for the period from 10.01.2020 to 06.10.2022.
Reference:
Ext.A7
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 Sumesh et al regarding realization of money.
Case Code Year
Case between UCO Bank vs Sumesh et al regarding realization of money.