Commercial Suit No. 38/2024

Case between Bank of India vs Renil K regarding realisation of money

Court

COMMERCIAL COURT OF KOZHIKODE

Judge

Sri.Krishnankutty.K.V

Order Date

2025-01-31

Duration

Case Closed

Judgement document from eCourt website

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Case Summary

The case involves Bank of India as the plaintiff and Renil K as the defendant. The plaintiff claims a sum of money from the defendant.

Judgment Outcome

Plaintiff Won

Interim Order

The court directed the defendant to pay the plaintiff an amount of ₹12,54,465 with interest from the date of the suit until realization.

Judgment Favored

Plaintiff

Relief Granted

Defendant is directed to pay the plaintiff an amount of 12,54,465 ₹ with 9% interest from the date of the suit till realization.

Case Type

Commercial Suit

Final Judgment

The court directed the defendant to pay the plaintiff an amount of ₹12,54,465 with interest from the date of the suit until realization.

Why Plaintiff Won:
The case of the plaintiff stands proved based on the affidavit and documents submitted.

Losing Side's Weaknesses:
The case of the plaintiff stands proved based on the affidavit and documents submitted.

Supporting Evidence

On the basis of above, preliminary decree passed as follows: Plaintiff filed affidavit in lieu of his examination in chief and Ext. A1 to A11 are marked on his side.

Judgment Evidence:

Defendant is directed to pay the plaintiff an amount of 12,54,465 ₹ with 9% interest from the date of the suit till realization.

Parties Involved

Parties

Party Role: Plaintiff
Party Name: Bank of India, Beypore Branch
Relation: Rep. by its Manager

Party Role: Defendant
Party Name: Renil K
Party Age: 34
Relation: S/o.Ganeshan

Plaintiffs Documents

Sanction letter, Demand promissory note, Hypothication cum Loan agreement, Acknowledgment of debt, Copy of lawyer notice, Postal acknowledgment card, Account statement of A/c No.85213011000037, Account statement of A/c No.852173410000091, Non starter report form DLSA

Defendants Documents

Advocates

Party Role: Plaintiff
Advocate Name: Smt.Lissy.K.K
Appearance Type: Main Counsel

Party Role: Plaintiff
Advocate Name: Sri.M.C Ratnakaran
Appearance Type: Main Counsel

Reliefs

Relief Type: Recovery

Outcome: Granted

Description:

Defendant is directed to pay the plaintiff an amount of 12,54,465 ₹ with 9% interest.

Evidence:

Defendant is directed to pay the plaintiff an amount of 12,54,465 ₹ /- (Rupees Twelve Lakhs Fifty Four Thousand Four Hundred and sixty five only) with 9% interest from the date of the suit till realisation.

Relief Type: Recovery

Outcome: Granted

Description:

Plaintiff is entitled to realise the costs of the suit.

Evidence:

Plaintiff is entitled to realise the costs of the suit.