JUDGMENT

Hon'ble Sharad Kumar Sharma, J.

This is a defendant's first appeal, which has been preferred, by them being aggrieved against the judgment dated 18.12.2004, and the consequential decree, which was rendered on 26.12.2004, by the court of learned District Judge, Bageshwar; in Civil Suit No.02 of 2004, Nainital Almora Kshetriya Gramin Bank vs. Smt. Gobindi Devi and others. The consequential effect of the judgment and decree, which was rendered by the District Judge, Bageshwar, was that it has resulted into decreeing of a suit for recovery of money due to be paid by the defendants to the bank to the tune of Rs.2,56,230/- alongwith the interest at the rate of 5%, per annum, which was levied to be made payable on the said amount which was adjudicated to be due to be paid, as a consequence of the decree under challenge.

2. The brief facts, as it involves consideration in the present first appeal are that the late husband of the present appellant no.1, i.e. Late Mr. Sunder Ram, had filed an application for grant of loan for motor vehicle, before the plaintiff/respondent, herein. For the purposes of sanction of a loan for the purchase of a Tempo Taxi, the said application thus prefe