Case Summary
Canara Bank filed a suit against Abdul Latheef.K.P seeking to recover a loan amount for a car purchase due to the defendant's default.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money recovery with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed the suit in favor of Canara Bank, directing the defendant to pay the loan amount with interest and the costs of the suit.
Why Plaintiff Won:
The plaintiff bank provided clear evidence of the loan application, agreements, and the defendant's default on payments, leading to a successful claim.
The plaintiff bank provided clear evidence of the loan application, agreements, and the defendant's default on payments, leading to a successful claim.
Losing Side's Weaknesses:
The plaintiff bank provided clear evidence of the loan application, agreements, and the defendant's default on payments, leading to a successful claim.
The plaintiff bank provided clear evidence of the loan application, agreements, and the defendant's default on payments, leading to a successful claim.
Supporting Evidence
So, the plaintiff bank has proved his case by adducing cogent and reliable evidence.
Judgment Evidence:
The suit is decreed as follows: I. The defendant is directed to pay the plaintiff bank an amount of Rs. 2,69,803 with interest at 9% per annum on Rs. 2,66,986 from the date of suit till the date of realization. II. The defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- Represented by its Manager
- Party Role
- Defendant
- Party Name
- Abdul Latheef.K.P
- Party Age
- 40
- Relation
- S/o Mohammedkutty
Plaintiffs Documents
Ext.A1: Loan application, Ext.A2: Can Mobile agreement, Ext.A3: Lawyer notice, Ext.A4: Statement of Account
Defendants Documents
Not mentioned
Advocates
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Recover the loan amount with interest and costs
Evidence:
The court decreed the suit in favor of Canara Bank, directing the defendant to pay the loan amount with interest and the costs of the suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Proves the defendant's request for a loan
Reference:
Ext.A1
Document Type:
Loan Agreement
Submitted By:
Plaintiff
Relevance:
Shows the terms of the loan agreement
Reference:
Ext.A2
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Indicates the plaintiff's attempts to collect due amount
Reference:
Ext.A3
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Details the amount due and interest calculations
Reference:
Ext.A4
Case Classification
Case Type
Civil Suit - Money Recovery
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Default on Loan Repayment
Case Code
Case between Canara Bank vs Abdul Latheef.K.P et al regarding money realization
Case Code Year
Case between Canara Bank vs Abdul Latheef.K.P et al regarding money realization