Case Summary
Canara Bank is seeking to recover an outstanding loan amount from Abdurahman. N.K. The bank alleges that the defendant defaulted on a loan agreement during the Covid-19 pandemic.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Rs.56,475.69/- (Rupees fifty six thousand four hundred seventy five and sixty nine paise only) with interest at the rate of 7.9 per cent from date of suit till date of decree and future interest at the rate of 6 per cent.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the outstanding loan amount with interest.
Why Plaintiff Won:
The plaintiff proved their case through unchallenged testimony and supporting documents.
The plaintiff proved their case through unchallenged testimony and supporting documents.
Losing Side's Weaknesses:
The plaintiff proved their case through unchallenged testimony and supporting documents.
The plaintiff proved their case through unchallenged testimony and supporting documents.
Supporting Evidence
The case of the plaintiff is proved by the unchallenged testimony of the PW1 and the documents produced by her.
Judgment Evidence:
In the result, the suit is decreed as follows: 1) The plaintiff shall be entitled to realize Rs.56,475.69/- (Rupees fifty six thousand four hundred seventy five and sixty nine paise only) from the defendant with interest at the rate of 7.9 per cent from date of suit till date of decree and with future interest at the rate of 6 per cent from the date of decree till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- Rep. By it’s Branch Manager, Anjana. K
- Party Role
- Defendant
- Party Name
- Abdurahman. N.K.
- Party Age
- 31
- Relation
- S/o
Plaintiffs Documents
Loan sanction Memorandum, Agreement cum Deed of Hypothecation, Copy of Account Statement
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Shiji.N
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.Sreehari. P.S
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the outstanding loan amount from the defendant.
Evidence:
The suit is decreed as follows: The plaintiff shall be entitled to realize Rs.56,475.69/- (Rupees fifty six thousand four hundred seventy five and sixty nine paise only) from the defendant.
Relief Type:
Costs
Outcome:
Granted
Description:
The defendant shall pay the costs of the proceedings to the plaintiff.
Evidence:
The defendant shall pay costs of the proceedings to the plaintiff.
Documents & Evidence
Document Type:
Loan Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
This document proves the loan amount sanctioned to the defendant.
Reference:
Ext.A1
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
This document outlines the terms of the hypothecation for the loan.
Reference:
Ext.A2
Document Type:
Copy of Account statement
Submitted By:
Plaintiff
Relevance:
This document reflects the defendant's account transactions related to 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 vs Abdurahman. N.K. regarding realization of money
Case Code Year
Case between Canara Bank vs Abdurahman. N.K. regarding realization of money