đá bóng trực tiếpJudgment no. 04/2018/KDTM-ST dated november 22, 2018 on dispute over a credit agreement

đá bóng trực tiếp PEOPLE’S COURT OF QUANG BINH PROVINCE

JUDGMENT NO. 04/2018/KDTM-ST DATED NOVEMBER 22, 2018 ON DISPUTE OVER A CREDIT AGREEMENT

On November 22, 2018, at đá bóng trực tiếp headquarters of đá bóng trực tiếp People's Court of Quang Binh province, a first instance trial is conducted to hear đá bóng trực tiếp commercial case No. 01/2018/TLST-KDTM dated January 22, 2018 on dispute over a credit agreement under đá bóng trực tiếp Decision to Bring đá bóng trực tiếp Case to Trial No. 153/2018/QDXXST-KDTM dated October 1, 2018, among đá bóng trực tiếp involved parties:

1.Petitioner: Commercial Joint Stock Bank D Vietnam; Address: No. N, District H, Hanoi city.

- Legal representative: Mr. Phan Duc T - General Director.

- Authorized representative: Authorized representative: Mr. Le H - Branch Manager of Commercial Joint Stock Bank D in Quang Binh province (Decision on authorization to participate in legal proceedings No. 8695/QD dated October 28, 2016).

- Mr. Le H re-authorizes Mr. Nguyen Phuc B - Head of Risk Management Department, Branch of Commercial Joint Stock Bank D Quang Binh to participate in đá bóng trực tiếp proceedings (Decision on authorization to participate in proceedings and judgment enforcement No. 464/QD. QB on March 1, 2018). Mr. B appears in court hearing.

2.Respondent: Mr. Nguyen Van M and Ms. Phan Thi B; Permanent residence: Village L, commune D, district B, Quang Binh province. Both Mr. M and Ms. B have gone abroad since March 21, 2016 (where đá bóng trực tiếp address is unknown). Both do not appear in court.

FACTUAL AND PROCEDURAL BACKGROUND

According to đá bóng trực tiếp lawsuit petition, documents and evidence provided by đá bóng trực tiếp petitioner to đá bóng trực tiếp court as well as đá bóng trực tiếp presentation of đá bóng trực tiếp authorized representative of đá bóng trực tiếp petitioner at đá bóng trực tiếp court hearing, đá bóng trực tiếp contents of đá bóng trực tiếp lawsuit are as follows:

On March 11, 2016 and March 14, 2016, đá bóng trực tiếp married couple Mr. Nguyen Van M and Mrs. Phan Thi B signed with Commercial Joint Stock Bank D Vietnam, Quang Binh Branch - Transaction Office B (hereinafter referred to as đá bóng trực tiếp Bank) two credit agreements to borrow money for goods trading, in which đá bóng trực tiếp credit agreement No. 01/2016/535971/HD gives a loan amount of VND 450,000,000 (four hundred and fifty million VND) and đá bóng trực tiếp credit agreement No. 02/2016/535971/HD gives a loan amount 650,000,000 VND (six hundred and fifty million VND). đá bóng trực tiếp total of both agreements is 1,100,000,000 VND (one billion one hundred million). đá bóng trực tiếp loan term is 08 months from đá bóng trực tiếp drawdown date; đá bóng trực tiếp normal interest rate: 9.7%/year; overdue interest rate: 150% of đá bóng trực tiếp normal interest rate; fees are applied for each specific time, đá bóng trực tiếp fee rate is in accordance with đá bóng trực tiếp Bank's regulations, in accordance with đá bóng trực tiếp provisions of law and đá bóng trực tiếp guidance of đá bóng trực tiếp State Bank.

To secure their debt repayment obligations, Mr. Nguyen Van M and Mrs. Phan Thi B put their own property as collateral for their bank loan, which is đá bóng trực tiếp land use right according to đá bóng trực tiếp Land Use Right Certificate No. I 906838 , bearing đá bóng trực tiếp name of Mr. Nguyen Van M, certificate book No. 599 QSDD/68 QD-UB, issued by đá bóng trực tiếp People's Committee of District B on September 1, 1998, land plot No. 398, map sheet No. 13, area of ​​1,133 m2, including 200 m2 of residential land and 933 m2 of mixed garden land; all properties are houses and other construction works attached to đá bóng trực tiếp above-said land plot, in commune D, district B, Quang Binh province. According to đá bóng trực tiếp real estate mortgage agreement No. 01/2015/535971/HDBD dated March 23, 2015, đá bóng trực tiếp secured transaction was registered at đá bóng trực tiếp Land Registration Office of District B on March 24, 2015.

After signing đá bóng trực tiếp agreement, Mr. M and Mrs. B only paid interest until June 30, 2016. From July 1, 2016 up to now, Mr. M and Mrs. B have not fulfilled their debt repayment obligations as committed. By đá bóng trực tiếp end of November 22, 2018, Mr. Nguyen Van M and Mrs. Phan Thi B still owed đá bóng trực tiếp Bank (for both agreements) đá bóng trực tiếp total amount: 1,469,734,931 VND (in which: principal debt: 1,100,000,000 VND); balance of normal interest: 260,185,556 VND; balance overdue interest: 109,549,375 VND). Therefore, đá bóng trực tiếp Bank requests đá bóng trực tiếp Court to force Mr. Nguyen Van M and Mrs. Phan Thi B to immediately pay đá bóng trực tiếp debt amount of VND 1,469,734,931 to đá bóng trực tiếp Bank, and continue to bear đá bóng trực tiếp interest accrued after đá bóng trực tiếp first-instance trial date until đá bóng trực tiếp debt is fully repaid. In case Mr. M and Mrs. B fail to pay or fail to pay all debts under đá bóng trực tiếp order of đá bóng trực tiếp Court, đá bóng trực tiếp Bank will deal or realize đá bóng trực tiếp property according to đá bóng trực tiếp real estate mortgage agreement signed by Mr. M and Mrs. B. Bank for debt recovery.

- Respondents Mr. Nguyen Van M and Mrs. Phan Thi B:

After accepting đá bóng trực tiếp case, đá bóng trực tiếp People's Court of Quang Binh province carried out verification in đá bóng trực tiếp residence of Mr. M and Mrs. B, then it was known that Mr. M and Mrs. B had gone abroad. But they did not apply for permission of temporary absence, so đá bóng trực tiếp local authority does not know which country Mr. M and Mrs. B are in.

According to đá bóng trực tiếp presentation of Ms. Nguyen Thi Thanh H, đá bóng trực tiếp daughter of Mr. M, Mrs. B (Mrs. H is married and lives separately), her father and mother have been traveling abroad since March 2016 so far. Ms. H does not know đá bóng trực tiếp address where her father and mother are), Ms. H has informed her father and mother that đá bóng trực tiếp Provincial People's Court is handling đá bóng trực tiếp case filed by đá bóng trực tiếp Bank to claim debt against her parents (notified by phone), however, her parents have no opinion; Ms. H does not know when her father and mother will return home.

According to đá bóng trực tiếp Official Dispatch No.198/CAT-PA72 dated February 26, 2018 of đá bóng trực tiếp Quang Binh Police "on providing immigration information", on March 21, 2016, both Mr. M and Mrs. B exited Vietnam through Tan Son Nhat International Airport and no information on their re-entry is recorded. On đá bóng trực tiếp entry and exit database system, no information about đá bóng trực tiếp country of destination is recorded.

- Opinions of đá bóng trực tiếp representative of đá bóng trực tiếp People's Procuracy of Quang Binh province at đá bóng trực tiếp first-instance court session:

During đá bóng trực tiếp settlement of đá bóng trực tiếp case as well as at đá bóng trực tiếp court session, đá bóng trực tiếp judge, đá bóng trực tiếp people's jurors, đá bóng trực tiếp clerk of đá bóng trực tiếp court session and đá bóng trực tiếp petitioner in đá bóng trực tiếp case have strictly complied with đá bóng trực tiếp provisions of law. đá bóng trực tiếp evidence has been taken in accordance with regulations, ensuring đá bóng trực tiếp interests of đá bóng trực tiếp litigants. đá bóng trực tiếp respondents have been duly summoned by đá bóng trực tiếp Court but is absent for đá bóng trực tiếp second time, so it is recommended that đá bóng trực tiếp Trial Panel conducts đá bóng trực tiếp trial in đá bóng trực tiếp respondents’ absence. With reference to content: It is proposed that đá bóng trực tiếp Trial Panel accepts đá bóng trực tiếp petitioner's petition, forcing đá bóng trực tiếp respondents Mr. Nguyen Van M and Mrs. Phan Thi B to be obliged to pay đá bóng trực tiếp Bank, by November 22, 2018, đá bóng trực tiếp amount of: 1,469,734,931 VND (in which: principal debt: 1,100,000,000 VND); balance of normal interest: 260,185,556 VND; balance overdue interest: 109,549,375 VND). and continue to bear đá bóng trực tiếp interest accrued after đá bóng trực tiếp first-instance trial date until đá bóng trực tiếp debt is fully repaid In case Mr. M and Mrs. B fail to pay or fail to pay all debts under đá bóng trực tiếp order of đá bóng trực tiếp Court, đá bóng trực tiếp Bank will deal or realize đá bóng trực tiếp property according to đá bóng trực tiếp real estate mortgage agreement signed by Mr. M and Mrs. B. Bank for debt recovery.

JUDGEMENT OF đá bóng trực tiếp COURT

[1] In terms of court procedures: After accepting đá bóng trực tiếp case, đá bóng trực tiếp People's Court of Quang Binh province proceeded to serve đá bóng trực tiếp court's procedural documents to đá bóng trực tiếp respondents at đá bóng trực tiếp correct address provided by đá bóng trực tiếp petitioner, but because đá bóng trực tiếp respondent Mr. Nguyen Van M and Mrs. Phan Thi B have gone abroad, so đá bóng trực tiếp service of process fails. đá bóng trực tiếp court has posted đá bóng trực tiếp procedural documents at đá bóng trực tiếp residence of Mr. M and Mrs. B, at đá bóng trực tiếp Cultural House of Village L and at đá bóng trực tiếp headquarters of đá bóng trực tiếp People's Committee of Commune D, and at đá bóng trực tiếp same time gave a notice to Mr. M and Mrs. B that đá bóng trực tiếp Court was accepting and settling đá bóng trực tiếp case on đá bóng trực tiếp External News - Voice of Vietnam (VOV5) for three consecutive issues but still did not receive any information from Mr. M, Mrs. B.

đá bóng trực tiếp fact that Mr. M and Mrs. B changed đá bóng trực tiếp address of their residence without notifying đá bóng trực tiếp Bank of đá bóng trực tiếp new address of their residence as prescribed in Clause 3, Article 40 and Point b, Clause 2, Article 277 of đá bóng trực tiếp Civil Code 2015 was considered an intentional concealment of address and đá bóng trực tiếp Court will continue to handle đá bóng trực tiếp case according to đá bóng trực tiếp general procedure.

đá bóng trực tiếp People's Court of Quang Binh province opened đá bóng trực tiếp first instance court on October 22, 2018 but due to đá bóng trực tiếp respondent's absence (Mr. M, Mrs. B), đá bóng trực tiếp Court adjourned đá bóng trực tiếp trial. After đá bóng trực tiếp adjournment of đá bóng trực tiếp court session, đá bóng trực tiếp Court conducted a public posting of đá bóng trực tiếp decision to adjourn đá bóng trực tiếp court session and đá bóng trực tiếp summons to đá bóng trực tiếp involved parties at đá bóng trực tiếp residence of Mr. M and Mrs. B (đá bóng trực tiếp residence before they left đá bóng trực tiếp country) and at đá bóng trực tiếp headquarters of đá bóng trực tiếp People’s Committee of commune D to notify Mr. M and Mrs. B of đá bóng trực tiếp time and place of reopening đá bóng trực tiếp second court session. However, at đá bóng trực tiếp second court session, đá bóng trực tiếp respondents (Mr. M, Mrs. B) continue to be absent without reason. Therefore, đá bóng trực tiếp People's Court of Quang Binh province conducts đá bóng trực tiếp trial in đá bóng trực tiếp absence of Mr. M and Mrs. B according to đá bóng trực tiếp provisions of Point b, Clause 2, Article 227 of đá bóng trực tiếpCivil Procedure Code 2015 in Viet Nam.

[2]. Regarding đá bóng trực tiếp lawsuit:

- Based on documents and evidence in đá bóng trực tiếp file that were examined at đá bóng trực tiếp court hearing and đá bóng trực tiếp petitioner's presentation, đá bóng trực tiếp Trial Panel finds that: In 2016, đá bóng trực tiếp married couple Mr. Nguyen Van M and Mrs. Phan Thi B had signed with đá bóng trực tiếp Bank two credit agreements to borrow money for đá bóng trực tiếp purpose of trading in goods, in which đá bóng trực tiếp credit agreement No. 01/2016/535971/HD, dated 11/3/2016, đá bóng trực tiếp amount of 450,000,000 VND (four hundred and fifty million dong) is borrowed and credit agreement No. 02/2016/535971/HD dated March 14, 2016, đá bóng trực tiếp amount of VND 650,000,000 (six hundred and fifty million dong) is borrowed. đá bóng trực tiếp total of both agreements is 1,100,000,000 VND (one billion one hundred million).

To secure their debt repayment obligations, Mr. Nguyen Van M, Mrs. Phan Thi B put up their property including house and land as collateral for đá bóng trực tiếp Bank according to đá bóng trực tiếp law as stated in đá bóng trực tiếp real estate mortgage agreement No. 01/2015/535971/HDBD dated March 23, 2015, đá bóng trực tiếp secured transaction was registered at đá bóng trực tiếp Land Registration Office of District B on March 24, 2015.

Considering that đá bóng trực tiếp signing of credit agreements and real estate mortgage agreements by đá bóng trực tiếp parties is completely voluntary; đá bóng trực tiếp content and form of đá bóng trực tiếp agreements are strictly in compliance with đá bóng trực tiếp provisions of đá bóng trực tiếp State Bank and đá bóng trực tiếp provisions of law. Promptly after signing đá bóng trực tiếp agreements, đá bóng trực tiếp Bank disbursed to Mr. M and Mrs. B đá bóng trực tiếp amount of VND 1,100,000. During đá bóng trực tiếp performance of đá bóng trực tiếp agreement, Mr. Nguyen Van M and Mrs. Phan Thi B violated đá bóng trực tiếp debt repayment obligation. In specific, Mr. M and Mrs. B only performed đá bóng trực tiếp obligation to pay interest until June 30, 2016. From July 1, 2016 up to now, Mr. M and Mrs. B have not fulfilled their debt repayment obligations (both principal and interest) to đá bóng trực tiếp Bank. Until đá bóng trực tiếp first instance trial date (November 22, 2018), Mr. Nguyen Van M and Mrs. Phan Thi B still owed đá bóng trực tiếp Bank an amount of VND 1,469,734,931 (including: principal debt: 1,100,000,000 VND); balance of normal interest: 260,185,556 VND; balance overdue interest: 109,549,375 VND). đá bóng trực tiếp amount of interest owed (normal interest and overdue interest) is calculated by đá bóng trực tiếp Bank according to đá bóng trực tiếp agreed interest rate in đá bóng trực tiếp credit agreement signed by đá bóng trực tiếp parties. Therefore, đá bóng trực tiếp petitioner filed a lawsuit to ask đá bóng trực tiếp Court to force Mr. M and Mrs. B to pay đá bóng trực tiếp principal and interest, and in case đá bóng trực tiếp respondent fails to perform đá bóng trực tiếp debt payment obligation (or does not perform it fully), they request đá bóng trực tiếp disposition of đá bóng trực tiếp collateral for debt recovery. This request is grounded and in accordance with regulations of đá bóng trực tiếp law, so it is accepted.

- On March 28, 2018, đá bóng trực tiếp People's Court of Quang Binh province established a council to undertake a verification visit to đá bóng trực tiếp property that Mr. M and Mrs. B mortgaged to đá bóng trực tiếp Bank (land plot No. 398, map sheet No. 13, with an area of ​​1,133 m2, granted a certificate of land use right by đá bóng trực tiếp People's Committee of District B No. I906838 dated September 1, 1998 bearing đá bóng trực tiếp name of Mr. Nguyen Van M).

đá bóng trực tiếp measurement results show that đá bóng trực tiếp actual measured area is 27 m2 lower than đá bóng trực tiếp area stated in đá bóng trực tiếp land use right certificate (đá bóng trực tiếp area stated in đá bóng trực tiếp certificate is 1,133 m2 and đá bóng trực tiếp actual measured area is 1,106 m2). On đá bóng trực tiếp land plot of Mr. M, Mrs. B has 01 house of class 3, two floors, construction area of 137.5m2, usable area is 265 m2, this house was built by Mr. M, Mrs. B (as their marital property). Through inspection and examination, it is found that currently đá bóng trực tiếp land plot of Mr. M and Mrs. B has no dispute, đá bóng trực tiếp land plot has its own campus (with a fence built around it by Mr. M and Mrs. B), does not encroach on đá bóng trực tiếp land of other people. In other words, đá bóng trực tiếp decrease in đá bóng trực tiếp land area of ​​27 m2 is due to đá bóng trực tiếp error between đá bóng trực tiếp two measurements, not because of encroachment.

In 2012, Mr. M and Mrs. B submitted an application for đá bóng trực tiếp replacement of certificate of land use rights, ownership of houses and other property on land according to đá bóng trực tiếp result of regular cadastral mapping. On December 12, 2012, đá bóng trực tiếp People's Committee of District B has re-issued đá bóng trực tiếp certificate of land use rights, ownership of houses and other property on land No. BM529815, issuance book No. CH,08393, bearing đá bóng trực tiếp name of Mr. Nguyen Van M and Mrs. Phan Thi B with an area of ​​1,106 m2. However, because Mr. M and Mrs. B have not fulfilled their debt repayment obligations to đá bóng trực tiếp Bank, they have not yet obtained đá bóng trực tiếp old certificate of land use right (certificate No. I906838 dated September 1, 1998) in exchange for đá bóng trực tiếp new certificate, so when signing đá bóng trực tiếp mortgage agreement, đá bóng trực tiếp property will continue to use đá bóng trực tiếp old land use right certificate to sign.

đá bóng trực tiếp certificate of land use right, ownership of houses and other property on land issued on December 12, 2012 is currently being kept at đá bóng trực tiếp Land Registration Office of District B. Therefore, in case it is necessary to deal đá bóng trực tiếp mortgaged property for debt recovery, đá bóng trực tiếp judgment enforcement agency must coordinate with đá bóng trực tiếp land registration office of district B to realize it in accordance with regulations.

[3] Regarding court fees: đá bóng trực tiếp petitioner's lawsuit claim is accepted, so đá bóng trực tiếp petitioner does not have to bear đá bóng trực tiếp first-instance commercial court fee; đá bóng trực tiếp respondent must bear đá bóng trực tiếp first-instance commercial court fee as prescribed.

[4]. Regarding đá bóng trực tiếp right to appeal: đá bóng trực tiếp litigants have đá bóng trực tiếp right to appeal đá bóng trực tiếp judgment according to Article 479 of đá bóng trực tiếp Civil Procedure Code.

For đá bóng trực tiếp foregoing reasons,

DISPOSITION

Pursuant to Clause 1, Article 30; Clause 1 Article 37; Point b, Clause 2, Article 227; Articles 474, 477, 479 of đá bóng trực tiếp Civil Procedure Code 2015;

Apply Articles 290, 342, 348, 349, 350, 351, 355, 357, 471, 474, 476, 715 and Article 721 of đá bóng trực tiếpCivil Code 2005 in Viet Nam; Article 688 of đá bóng trực tiếpCivil Code 2015 in Viet Nam; Article 91 of đá bóng trực tiếpLuật các trực tiếp bóng đá hôm nay 2010; Article 306 of đá bóng trực tiếpLuật bóng đá hôm nay trực tiếp; Articles 166, 167 and 188 of đá bóng trực tiếp; Clause 2, Article 26 ofNghị quyết 326/2016/UBTVQH14 quy định về mứcdated December 30, 2016 of đá bóng trực tiếp National Assembly Standing Committee on collection, exemption, reduction, collection, payment, management and use of court fees and charges, đá bóng trực tiếp Trial Panel hereby judges as follows:

1.Accept đá bóng trực tiếp petition of Joint Stock Commercial Bank D Vietnam, force Mr. Nguyen Van M and Mrs. Phan Thi B to repay đá bóng trực tiếp debt to Joint Stock Commercial Bank D Vietnam amount of VND 1,469,734,931 (One billion four hundred six nine million seven hundred and three thousand nine hundred and thirty one dong), of which đá bóng trực tiếp principal debt is 1,100,000,000 dong, đá bóng trực tiếp interest debt until date of first instance trial (November 22, 2018) is 369,734,931 dong (in which đá bóng trực tiếp normal interest is 260,185,556 dong and overdue interest is 109,549,375 dong).

- đá bóng trực tiếp right to use land and property on land according to đá bóng trực tiếp certificate of land use right No. I 906838, in đá bóng trực tiếp name of Mr. Nguyen Van M, certificate book No. 599 QSDĐ/68 QD-UB, issued by đá bóng trực tiếp People's Committee People of District B on September 1, 1998 (replaced on December 12, 2012, No. BM529815, certificate book No. CH.08393, in đá bóng trực tiếp name of Mr. Nguyen Van M and Mrs. Phan Thi B with an area of ​​1,106 m2) ), address at commune D, district B, Quang Binh province and has been mortgaged by Mr. M and Mrs. B to đá bóng trực tiếp Commercial Joint Stock Bank D Vietnam  under đá bóng trực tiếp Real Estate Mortgage Agreement No. 01/2015/535971/HDBD dated March 23, 2015, đá bóng trực tiếp secured transaction was registered at đá bóng trực tiếp Land Registration Office of District B on March 24, 2015, which is đá bóng trực tiếp collateral for judgment execution obligation of Mr. Nguyen Van M amd Mrs. Phan Thi B.

In đá bóng trực tiếp event that Mr. Nguyen Van M and Mrs. Phan Thi B fail to repay or fully repay đá bóng trực tiếp debt to Joint Stock Commercial Bank D Vietnam, đá bóng trực tiếp Joint Stock Commercial Bank D Vietnam has đá bóng trực tiếp right to request đá bóng trực tiếp Civil Judgment Enforcement Department of Quang Binh province to realize đá bóng trực tiếp collateral in accordance with đá bóng trực tiếp provisions of đá bóng trực tiếpLuật thi đá bóng trực tiếp dân sự 2008 Số hiệuin order to recover đá bóng trực tiếp debt.

- From đá bóng trực tiếp next day of đá bóng trực tiếp first-instance trial of đá bóng trực tiếp case, Mr. Nguyen Van M and Mrs. Phan Thi B must continue to bear interest on overdue debt at đá bóng trực tiếp rate agreed in đá bóng trực tiếp credit agreement (agreement No. 01/2016/535971/HD dated 11/3/2016 and No. 02/2016/535971/HD dated March 14, 2016) of đá bóng trực tiếp outstanding principal amount until đá bóng trực tiếp debt is fully repaid.

2.Court fee for first-instance commercial case: Mr. Nguyen Van M and Mrs. Phan Thi B must bear 56,092,047 VND.

Refund to Commercial Joint Stock Bank D Vietnam đá bóng trực tiếp amount of VND 25,018,000 already paid according to đá bóng trực tiếp receipt of court fee advance payment No. AA/2017/0004503 dated January 11, 2018 at đá bóng trực tiếp Judgment Enforcement Department in Quang Binh province.

3.Commercial Joint Stock Bank D Vietnam has đá bóng trực tiếp right to appeal this judgment within 15 days from đá bóng trực tiếp date of judgment; Mr. Nguyen Van M and Mrs. Phan Thi B have đá bóng trực tiếp right to appeal this judgment within 1 month from đá bóng trực tiếp date đá bóng trực tiếp judgment is duly served or posted.