Case Summary
The plaintiff, Canara Bank, filed a suit against Angel Bincy.T.S and her parents for the recovery of an education loan amount. The defendants failed to repay the loan despite receiving reminders from the bank.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff is allowed to recover ₹2,93,145 and interest at the rate of 12.65% per annum.
Case Type
Civil Suit
Final Judgment
No
The suit was decreed in favor of the plaintiff, allowing them to recover the loan amount with interest. The bank is entitled to recover ₹2,93,145 along with future interest.
Why Plaintiff Won:
The defendants failed to repay the loan and were set ex parte.
The defendants failed to repay the loan and were set ex parte.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
The evidence of the plaintiff is unchallenged because the defendants were set ex parte and PW1 was not cross-examined.
Judgment Evidence:
In the result, suit is decreed with costs as follows: Plaintiff is allowed to realise ₹2,93,145/- from the defendants and their assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- represented by its Manager
- Party Role
- Defendant
- Party Name
- Angel Bincy.T.S
- Party Age
- 28
- Relation
- D/o
- Party Role
- Defendant
- Party Name
- Thulaseedharan. K
- Party Age
- 64
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Sofiamma. P.R
- Party Age
- 57
- Relation
- W/o
Plaintiffs Documents
Ext.A1 is the loan application submitted by the defendants dated 10/04/2017, Ext.A2 is the general agreement dated 10/04/2017, Ext.A3 is the statement of accounts for the period from 10/04/2017 to 16/01/2025.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Prasanth.K.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff is allowed to realise ₹2,93,145/- from the defendants and their assets.
Evidence:
In the result, suit is decreed with costs as follows: 1.Plaintiff is allowed to realise ₹2,93,145/- from the defendants and their assets.
Relief Type:
Interest
Outcome:
Granted
Description:
Plaintiff is allowed to realise interest at the rate of 12.65% per annum with monthly rests from the date of suit till the date of decree.
Evidence:
2.Plaintiff is allowed to realise interest at the rate of 12.65% per annum with monthly rests from the date of suit till the date of decree.
Relief Type:
Future Interest
Outcome:
Granted
Description:
Plaintiff is allowed to realise future interest at the rate of 6% per annum from the date of decree till realisation.
Evidence:
3.Plaintiff is allowed to realise future interest at the rate of 6% per annum from the date of decree till realisation.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff is allowed to realise the costs of the suit from the defendant and his assets.
Evidence:
4.Plaintiff is allowed to realise the costs of the suit from the defendant and his assets.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The loan application submitted by the defendants dated 10/04/2017.
Reference:
Ext.A1
Document Type:
General Agreement
Submitted By:
Plaintiff
Relevance:
The general agreement dated 10/04/2017.
Reference:
Ext.A2
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
The statement of accounts for the period from 10/04/2017 to 16/01/2025.
Reference:
Ext.A3
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 Angel Bincy.T.S et al regarding recovery of loan amount
Case Code Year
Case between Canara Bank vs Angel Bincy.T.S et al regarding recovery of loan amount