Case Summary
The plaintiff, Canara Bank, is seeking to recover a loan amount from the defendant, Antony K.R, who defaulted on repayment. Despite multiple demands, the defendant failed to make the necessary payments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant ordered to pay Rs. 5,07,307 with interest.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed directing the defendant to pay an amount of Rs. 5,07,307 with interest. The plaintiff can recover this amount from the defendant's assets in case of default.
Why Plaintiff Won:
Losing Side's Weaknesses:
Supporting Evidence
The unchallenged proof affidavit and documents would satisfactorily prove the plaint claim.
Judgment Evidence:
In the result, The suit is decreed directing the defendants to pay an amount of 5,07,307/- (Rupees five Lakh seventy three Thousand and seven Only), with 9% interest per annum from the date of suit till the date of decree.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Party Role
- Defendant
- Party Name
- Antony K.R
- Party Age
- 33
- Relation
- S/o
Plaintiffs Documents
Loan Application executed by the defendant, Original Sanction letter with terms and conditions, Original of letter of undertaking, Original of composite Hypothecation Agreement, Original of Acknowledgement of Debt and security, Copy of lawyer notice issued to the defendant.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Saira Phiroz
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Yemuna P
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Akshaya Sivan
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Directing the defendants to pay an amount of Rs. 5,07,307 with interest
Evidence:
The suit is decreed directing the defendants to pay an amount of 5,07,307/- (Rupees five Lakh seventy three Thousand and seven Only) with 9% interest per annum from the date of suit till the date of decree.
Relief Type:
Costs
Outcome:
Granted
Description:
Plaintiff is also entitled to the costs of the litigation
Evidence:
The plaintiff is also entitled to the costs of the litigation.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original of loan Application executed by the defendant
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Original Sanction letter with terms and conditions
Reference:
Ext.A2
Document Type:
Letter of undertaking
Submitted By:
Plaintiff
Relevance:
Original of letter of undertaking
Reference:
Ext.A3
Document Type:
Composite Hypothecation Agreement
Submitted By:
Plaintiff
Relevance:
Original of composite Hypothecation Agreement
Reference:
Ext.A4
Document Type:
Acknowledgement of Debt and Security
Submitted By:
Plaintiff
Relevance:
Original of Acknowledgement of Debt and security
Reference:
Ext.A5
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Copy of lawyer notice issued to the defendant
Reference:
Ext.A6
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Non-payment of rent
Case Code
Case between Canara Bank vs Antony K.R regarding money recovery
Case Code Year
Case between Canara Bank vs Antony K.R regarding money recovery