V.K.Jain, Presiding Member—The complainants in these matters are husband and wife. Shri S. Muniasamy, the complainant in Revision Petition No.2675 of 2014 being the husband and Mrs. M. Palaniselvi, complainant in Revision Petition No.2676 of 2014 being the wife.

2. The aforesaid complainants took loans from the petitioner bank against pledge of gold jewellery and executed separate applications cum letters of pledge for loan/overdraft against the said jewellery. Shri S. Muniasamy had taken an advance of Rs.1,84,400/- at the rate of 7% per annum or at such rates plus penal rates and compounded at such intervals as stipulated by the bank from time to time, whereas his wife M. Palaniselvi had taken advance of Rs.1,76,000/- on identical terms. The case of the petitioner bank is that in addition to the loan against pledge of jewellery several other commercial loans were taken by it by the aforesaid complainants. The details of the other loans taken by them

3. The husband had stood as guarantor for the loan taken by the wife. Similarly the wife had stood guarantor for the loan taken by the husband. This is also the case of the petitioner bank that both the complainants defaulte