Case Summary
Canara Bank filed a suit against Adersh.M.T and Muraleedharan.K for the realization of a loan amount. The defendants failed to repay the loan despite repeated requests and were placed exparte.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants shall pay an amount of Rs. 5,75,435/- to the plaintiff jointly and severally with interest.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendants to pay the amount due along with interest. The plaintiff's evidence was unchallenged and the defendants failed to appear in court.
Why Plaintiff Won:
The plaintiff's unchallenged evidence proves its case and it is entitled to a decree.
The plaintiff's unchallenged evidence proves its case and it is entitled to a decree.
Losing Side's Weaknesses:
The plaintiff's unchallenged evidence proves its case and it is entitled to a decree.
The plaintiff's unchallenged evidence proves its case and it is entitled to a decree.
Supporting Evidence
Plaintiff's unchallenged evidence proves its case and it is entitled to a decree to realise the amount from the defendants.
Judgment Evidence:
Thus, the suit is liable to decreed with costs. In the result, the suit is decreed with costs and defendants shall pay an amount of Rs. 5,75,435/- to the plaintiff jointly and severally with interest.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- represented by its Principal Officer/Branh Manager
- Party Role
- Defendant
- Party Name
- Adersh.M.T
- Party Age
- 37
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Muraleedharan.K
- Party Age
- 70
- Relation
- S/o
Plaintiffs Documents
Original loan application dated 02.11.2004, Sanction memorandum dated 28.11.2004, Educational loan agreement dated 28.11.2004, Acknowledgment of Debt and Security.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Binu. S.R
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri. Kiran Babu
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff requested recovery of the loan amount due.
Evidence:
Thus, the suit is decreed with costs and defendants shall pay an amount of Rs. 5,75,435/- (Rupees Five lakhs Seventy Five thousand Four hundred and thirty Five only) to the plaintiff jointly and severally.
Documents & Evidence
Document Type:
Original loan application
Submitted By:
Plaintiff
Relevance:
This document is the original loan application through which the loan was sanctioned.
Reference:
Ext.A1
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
This document signifies the approval of the loan by the bank.
Reference:
Ext.A2
Document Type:
Educational Loan Agreement
Submitted By:
Plaintiff
Relevance:
This agreement outlines the terms for the loan repayment.
Reference:
Ext.A3
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document is a formal acknowledgment of the debt by the defendants.
Reference:
Ext.A4
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This is another acknowledgment relating to the specified debt.
Reference:
Ext.A5
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document serves as a further acknowledgment regarding the debt.
Reference:
Ext.A6
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
This document represents a continued acknowledgment of the defendants' obligations.
Reference:
Ext.A7
Document Type:
Statement of Loan Account
Submitted By:
Plaintiff
Relevance:
This statement summarizes the loan account details and outstanding amount.
Reference:
Ext.A8
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Recovery of money
Case Code
Case between Canara Bank vs Adersh.M.T et al regarding Suit for realization of money.
Case Code Year
Case between Canara Bank vs Adersh.M.T et al regarding Suit for realization of money.