Case Summary
Canara Bank filed a suit against Abdul Latheef.K.P seeking to recover a loan amount for a car purchase due to the defendant's default.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money recovery with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
The plaintiff bank provided clear evidence of the loan application, agreements, and the defendant's default on payments, leading to a successful claim.
The plaintiff bank provided clear evidence of the loan application, agreements, and the defendant's default on payments, leading to a successful claim.
Judgment Evidence:
The suit is decreed as follows: I. The defendant is directed to pay the plaintiff bank an amount of Rs. 2,69,803 with interest at 9% per annum on Rs. 2,66,986 from the date of suit till the date of realization. II. The defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Plaintiffs
Canara Bank (Age not specified years)
...
Defendants
Abdul Latheef.K.P (40 years)
Kakkidi Puthiyath Parambil House, Post Muttannur, Purathur asmom, Tirur Taluk
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recover the loan amount with interest and costs
Evidence:
The court decreed the suit in favor of Canara Bank, directing the defendant to pay the loan amount with interest and the costs of the suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Proves the defendant's request for a loan
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Shows the terms of the loan agreement
Reference:
Ext.A2
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Indicates the plaintiff's attempts to collect due amount
Reference:
Ext.A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Details the amount due and interest calculations
Reference:
Ext.A4