Case Summary
Canara Bank is the plaintiff seeking to recover a loan amount from Vipin. C, who defaulted on repayments. The bank seeks the total outstanding amount along with interest and costs.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant is directed to pay Rs.2,86,000.62/- to the plaintiff with interest at the rate of 6% per annum from the date of the suit till the date of realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendant to repay the loan amount with interest. Additionally, the defendant is required to pay the costs of the suit.
Why Plaintiff Won:
The plaintiff proved the claim of borrowal and default through evidence.
The plaintiff proved the claim of borrowal and default through evidence.
Losing Side's Weaknesses:
The plaintiff proved the claim of borrowal and default through evidence.
The plaintiff proved the claim of borrowal and default through evidence.
Supporting Evidence
The claim of borrowal and default of payment stands proved by the affidavit of PW1 and Exhibits A1 to A3 documents which remains unchallenged.
Judgment Evidence:
In the result, suit is decreed as follows: 1The defendant is directed to pay Rs.2,86,000.62/- (Rupees Two Lakhs And Eighty Six Thousand And Sixty Two Paise Only) to the plaintiff with interest at the rate of 6% per annum from the date of the suit till the date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank, Kunnamangalam Branch
- Relation
- Rep. By its Senior Manager, Sarin. P.Sasi
- Party Role
- Defendant
- Party Name
- Vipin. C
- Party Age
- 36
- Relation
- S/o Sadanandan. C
Plaintiffs Documents
Sanction Memorandum, Agreement cum Deed of Hypothication, Attested copy of Account statement for the period from 04.01.2023 to 04.10.2023
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Sreehari.P.S
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Adv. Mujeeb Rahman. K
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay Rs.2,86,000.62/- with interest at the rate of 6% per annum.
Evidence:
The defendant is directed to pay Rs.2,86,000.62/- (Rupees Two Lakhs And Eighty Six Thousand And Sixty Two Paise Only) to the plaintiff with interest at the rate of 6% per annum from the date of the suit till the date of realization.
Relief Type:
Costs
Outcome:
Granted
Description:
The defendant is directed to pay costs of the suit to the plaintiff.
Evidence:
The plaintiff is entitled to get costs of the suit.
Documents & Evidence
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
This document supports the plaintiff's claim regarding the loan sanctioned.
Reference:
Ext.A1
Document Type:
Agreement cum Deed of Hypothication
Submitted By:
Plaintiff
Relevance:
This document outlines the terms of the loan agreement between the plaintiff and defendant.
Reference:
Ext.A2
Document Type:
Attested copy of Account statement for the period from 04.01.2023 to 04.10.2023
Submitted By:
Plaintiff
Relevance:
This document provides evidence of the outstanding balance on the loan.
Reference:
Ext.A3
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Non-payment of rent
Case Code
Case between Canara Bank et al vs Vipin. C regarding realization of money
Case Code Year
Case between Canara Bank et al vs Vipin. C regarding realization of money