Case Summary
The Canara Bank filed a suit against Rajaneesh A.R for the realization of a loan amount due. The defendant defaulted on repayment, leading to the bank seeking a decree for the owed sum.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant shall pay an amount of Rs.6,33,154/- (Rupees Six lakhs Thirty Three thousand One hundred and Fifty Four only) to the plaintiff with interest at the rate of 6% per annum for the principal amount from the date of suit till date of realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed in favor of the plaintiff, ordering the defendant to pay Rs.6,33,154 with interest. The evidence presented by the plaintiff was unchallenged.
Why Plaintiff Won:
The plaintiff's unchallenged evidence proved its case.
The plaintiff's unchallenged evidence proved its case.
Losing Side's Weaknesses:
The plaintiff's unchallenged evidence proved its case.
The plaintiff's unchallenged evidence proved its case.
Supporting Evidence
The plaintiff's unchallenged evidence proves its case and it is entitled to a decree to realize the amount from the defendant.
Judgment Evidence:
In the result, the suit is decreed with costs and defendant shall pay an amount of Rs.6,33,154/- (Rupees Six lakhs Thirty Three thousand One hundred and Fifty Four only) to the plaintiff with interest at the rate of 6% per annum for the principal amount from the date of suit till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The Canara Bank
- Party Role
- Defendant
- Party Name
- Rajaneesh A.R
- Party Age
- 39
- Relation
- S/o
Plaintiffs Documents
Sanction memorandum dated 31.01.2018, Cash Credit agreement dated 30.01.2018, Demand Promissory Note dated 30.01.2018, Acknowledgment of Debt and Security dated 01.02.2022, statement of accounts.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. S.Ranjith Kumar
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. Sreena.L.K
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff's request to recover a sum of Rs.6,33,154/- from the defendant.
Evidence:
Thus, the suit is decreed with costs and defendant shall pay an amount of Rs.6,33,154/- (Rupees Six lakhs Thirty Three thousand One hundred and Fifty Four only) to the plaintiff with interest at the rate of 6% per annum for the principal amount from the date of suit till date of realization.
Documents & Evidence
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
Document evidencing the loan sanction to the defendant.
Reference:
Ext.A1
Document Type:
Cash Credit Agreement
Submitted By:
Plaintiff
Relevance:
Agreement outlining the terms of the cash credit loan.
Reference:
Ext.A2
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Note signed by the defendant promising to repay the loan.
Reference:
Ext.A3
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Document where the defendant acknowledges the debt.
Reference:
Ext.A4
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Document providing details of the account related to the loan.
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Non-payment of rent
Case Code
OS.NO.
Case Code Year
2024