Case Summary
The plaintiff, Canara Bank, seeks repayment of an outstanding loan amount from the defendant, Annamma Sunny. The defendant defaulted on repayments, leading to the bank filing a suit for realization of the owed amount.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize a sum of Rs.6,42,338.03/- along with interest and costs.
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:
The unrebutted evidence established the defendant's liability to the plaintiff.
The unrebutted evidence established the defendant's liability to the plaintiff.
Judgment Evidence:
In the result, suit is decreed as follows; The plaintiff is entitled to realize a sum of Rs.6,42,338.03/- from the defendant and from her assets.
Parties Involved
Plaintiffs
Canara Bank (Age not specified years)
Kadavanthra branch, Ernakulam - 682020
Defendants
Annamma Sunny (Age not specified years)
48/494 A1, Near St Ritas School Road, Ponnurunni, Vyttila, Ernakulam, 682019
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover Rs.6,42,338.03 from the defendant.
Evidence:
In the result, suit is decreed as follows; 1. The plaintiff is entitled to realize a sum of Rs.6,42,338.03/-.
Relief Type:
Damages
Outcome:
Granted
Description:
The plaintiff is entitled to recover interest at 12% per annum from the date of the suit.
Evidence:
2. The plaintiff is entitled to realize interest @ 12 % per annum for Rs.6,42,338.03/-.
Relief Type:
Damages
Outcome:
Granted
Description:
The plaintiff is entitled to recover interest at 6% per annum from the date of decree till realization.
Evidence:
3. The plaintiff is entitled to realize interest @ 6% per annum for Rs.6,42,338.03/- from date of decree till date of realization.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to recover costs of the suit.
Evidence:
4. The plaintiff is entitled to realize costs of the suit from defendant.
Documents & Evidence
Document Type:
Original Sanction letter
Submitted By:
Plaintiff
Relevance:
Provides evidence of the loan sanction to the defendant.
Reference:
Ext.A1
Document Type:
Original Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Serves as security for the loan amount.
Reference:
Ext.A2
Document Type:
Original Cash Credit Agreement
Submitted By:
Plaintiff
Relevance:
Details the terms of the cash credit facility extended to the defendant.
Reference:
Ext.A3
Document Type:
Original Letter of renewal
Submitted By:
Plaintiff
Relevance:
Indicates the renewal of the loan facility.
Reference:
Ext.A4
Document Type:
Original Sanction Communication
Submitted By:
Plaintiff
Relevance:
Communicates the terms agreed upon for the loan.
Reference:
Ext.A5
Document Type:
Copy of Lawyer’s notice
Submitted By:
Plaintiff
Relevance:
Serves as evidence of formal communication regarding the loan default.
Reference:
Ext.A6
Document Type:
Printout of extract or working capital loan account
Submitted By:
Plaintiff
Relevance:
Shows the outstanding balance and details of the defendant’s loan account.
Reference:
Ext.A7