Case Summary
The plaintiff, Canara Bank, is seeking to realize outstanding loan amounts from the defendant, Babu. G. The defendant failed to appear before the court, resulting in a decree in favor of the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of Rs.3,51,015/- and Rs.1,10,902/- with future interest.
Case Type
Civil Suit
Final Judgment
No
The court ruled in favor of the plaintiff, decreeing the suit for the realization of funds from the defendant who failed to contest.
Why Plaintiff Won:
The plaintiff provided unchallenged evidence and the defendant did not appear to contest the suit.
The plaintiff provided unchallenged evidence and the defendant did not appear to contest the suit.
Losing Side's Weaknesses:
The plaintiff provided unchallenged evidence and the defendant did not appear to contest the suit.
The plaintiff provided unchallenged evidence and the defendant did not appear to contest the suit.
Supporting Evidence
Plaintiff's unchallenged evidence proved its case and it is entitled to a decree to realise the amount from the defendant.
Judgment Evidence:
In the result, the suit is decreed with costs as per the following terms: 1. The plaintiff is entitled to realise an amount of Rs.3,51,015/- from the defendant and from his assets with future interest at the rate of 2% per annum.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- represented by
- Party Role
- Defendant
- Party Name
- Babu. G
- Party Age
- 48
- Relation
- S/o
Plaintiffs Documents
Original Loan Application, Original Deed of Hypothecation, Original loan Application, Original Agreement Cum Deed of Hypothecation, Original letter of Undertaking re:Loans
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri Prasanth K.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of Rs.3,51,015/- and Rs.1,10,902/- from the defendant with future interest.
Evidence:
The plaintiff is entitled to realise an amount of Rs.3,51,015/- (Rupees Three lakhs Fifty One thousand and Fifteen only) from the defendant and from his assets with future interest at the rate of 2% per annum with monthly rest from the date of suit till date of realization.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application dated 13.06.2014.
Reference:
Ext.A1
Document Type:
Deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Original Deed of hypothecation dated 13.06.2014.
Reference:
Ext.A2
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application dated 07.12.2021.
Reference:
Ext.A3
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Original Agreement Cum Deed of Hypothecation dated 07.12.2021.
Reference:
Ext.A4
Document Type:
Letter of undertaking
Submitted By:
Plaintiff
Relevance:
Original letter of Undertaking re:Loans dated 07.12.2021.
Reference:
Ext.A5
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Copy of statement of accounts.
Reference:
Ext.A6
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Statement of accounts.
Reference:
Ext.A7
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 et al vs Babu. G regarding realization of money.
Case Code Year
Case between Canara Bank et al vs Babu. G regarding realization of money.