Case Summary
The case involves Canara Bank filing a suit against Mr.Abdurahiman.K.K for the recovery of a loan amount. The defendant defaulted on the repayment terms despite agreeing to them.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The defendant is directed to pay an amount of Rs.3,25,100 with interest.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed in favor of Canara Bank, ordering the defendant to pay the outstanding loan with interest.
Why Plaintiff Won:
The evidence of the plaintiff remained unchallenged and the case was proved.
The evidence of the plaintiff remained unchallenged and the case was proved.
Losing Side's Weaknesses:
The evidence of the plaintiff remained unchallenged and the case was proved.
The evidence of the plaintiff remained unchallenged and the case was proved.
Supporting Evidence
The evidence of PW1 and the documents produced by him remains unchallenged. As such, I find that the plaintiff had proved his case and is entitled to a decree as prayed for.
Judgment Evidence:
In the result, suit is decreed as follows: 1) The defendant is directed to pay an amount of Rs.3,25,100 with future interest at 12% per annum from the date of suit till the date of decree and with interest @ 6% per annum from the date of decree till its realization to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank, Kunnamangalam Branch
- Party Role
- Defendant
- Party Name
- Mr.Abdurahiman.K.K
- Party Age
- 40
Plaintiffs Documents
Sanction letter, Composite Hypothecation agreement, Letter of acknowledgment of debt (2 nos), Copy of Account statement.
Defendants Documents
Advocates
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendant is directed to pay the amount due along with interest.
Evidence:
The defendant is directed to pay an amount of Rs.3,25,100/- (Rupees three lakhs twenty five thousand and one hundred only) with future interest at 12% per annum from the date of suit till the date of decree.
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to recover costs of the suit.
Evidence:
The plaintiff is also entitled to realize costs of the suit from the defendant.
Documents & Evidence
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
To establish the loan amount sanctioned to the defendant.
Reference:
Ext.A1
Document Type:
Composite Hypothecation Agreement
Submitted By:
Plaintiff
Relevance:
To prove the agreement terms regarding loan repayment.
Reference:
Ext.A2
Document Type:
Letter of acknowledgment of debt
Submitted By:
Plaintiff
Relevance:
To document the defendant's acknowledgment of the debt.
Reference:
Ext.A3
Document Type:
Copy of Account statement
Submitted By:
Plaintiff
Relevance:
To show the total outstanding amount as per the bank's records.
Reference:
Ext.A4
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 Loan
Case Code
Case between Canara Bank vs Mr.Abdurahiman.K.K regarding realisation of money.
Case Code Year
Case between Canara Bank vs Mr.Abdurahiman.K.K regarding realisation of money.