Case Summary
The plaintiff, Canara Bank, is seeking to recover an outstanding loan amount from the defendant, Ajith Abdul Jaleel, who has defaulted on payments. The court proceedings have been conducted ex parte due to the defendant's absence.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹1,18,647/- with 6% interest and costs from the defendant.
Case Type
Civil Suit
Final Judgment
No
The court has decreed the suit in favor of the plaintiff, allowing the bank to recover the outstanding amount from the defendant. The plaintiff is entitled to realize the amount due along with interest.
Why Plaintiff Won:
The evidence presented by the plaintiff clearly established the defendant's liability to repay the loan.
The evidence presented by the plaintiff clearly established the defendant's liability to repay the loan.
Losing Side's Weaknesses:
The evidence presented by the plaintiff clearly established the defendant's liability to repay the loan.
The evidence presented by the plaintiff clearly established the defendant's liability to repay the loan.
Supporting Evidence
The oral and documentary evidence adduced by PW1 proves that an amount of ₹1,18,647/- is due from the defendant.
Judgment Evidence:
In the result; the suit is decreed as follows: a) The plaintiff is entitled to realize an amount of ₹1,18,647/- with 6% interest from the date of the suit until the date of realization from the defendant and his assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- represented by its Principal Officer/ Branch Manager
- Party Role
- Defendant
- Party Name
- Ajith Abdul Jaleel
- Party Age
- 57
- Relation
- S/o
Plaintiffs Documents
Loan application dated 23/02/2021, Sanction memorandum dated 23/02/2021, Agreement cum deed of hypothecation dated 23/02/2021, Bank statement.
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
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of ₹1,18,647/- from the defendant and his assets.
Evidence:
In the result; the suit is decreed as follows: a) The plaintiff is entitled to realize an amount of ₹1,18,647/- (Rupees One Lakh Eighteen Thousand Six Hundred and Forty-seven only) with 6% interest from the date of the suit until the date of realization from the defendant and his assets.
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is also entitled to realize the costs of this suit from the defendant and his assets.
Evidence:
In the result; the suit is decreed as follows: b) The plaintiff is also entitled to realize the costs of this suit from the defendant and his assets.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
The loan application indicates the defendant's request for a loan facility from the plaintiff bank.
Reference:
Ext.A1
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
The sanction memorandum outlines the approval of the loan facility to the defendant.
Reference:
Ext.A2
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
This document details the terms under which the defendant agreed to secure the loan.
Reference:
Ext.A3
Document Type:
Copy of the bank statement
Submitted By:
Plaintiff
Relevance:
The statement shows the outstanding balance owed by the defendant to the plaintiff.
Reference:
Ext.A4
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 Ajith Abdul Jaleel regarding Suit for realisation of money.
Case Code Year
Case between Canara Bank vs Ajith Abdul Jaleel regarding Suit for realisation of money.