Case Summary
Canara Bank filed a suit against Mahesh.P. P for the recovery of a loan amount with interest due to default in payment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Decree to pay loan amount with interest
Case Type
Civil Suit - Debt Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Judgment Evidence:
In the result, the suit is decreed as follows:- The defendant is hereby directed to give the plaintiff an amount of Rs. 60,493/- (Rupees Sixty thousand four hundred and ninety three only) with interest at the rate of 11.25% per annum from the date of suit till today and thereafter at the rate of 6% per annum till realization on Rs. 59,451/- (Rupees Fifty nine thousand four hundred and fifty one only). Defendant is hereby directed to give the costs of the suit to the plaintiff.
Parties Involved
Plaintiffs
Canara Bank (Age not specified years)
Valanchery Branch
Defendants
Mahesh P. P (45 years)
Pachattiri Parambil House, Post Karthala, Thozhuvanur amsom, Tirur Taluk
Reliefs
Relief Type:
Debt Recovery
Outcome:
Granted
Description:
Decree to pay loan amount with interest
Evidence:
In the result, the suit is decreed as follows:- The defendant is hereby directed to give the plaintiff an amount of Rs. 60,493/- (Rupees Sixty thousand four hundred and ninety three only) with interest at the rate of 11.25% per annum from the date of suit till today and thereafter at the rate of 6% per annum till realization on Rs. 59,451/- (Rupees Fifty nine thousand four hundred and fifty one only). Defendant is hereby directed to give the costs of the suit to the plaintiff.
Documents & Evidence
Document Type:
Common Application Form cum appraisal report
Submitted By:
Plaintiff
Relevance:
Filed as part of the plaintiff's evidence
Reference:
Exhibit A1
Document Type:
Agreement of Hypothecation
Submitted By:
Plaintiff
Relevance:
Filed as part of the plaintiff's evidence
Reference:
Exhibit A2
Document Type:
Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Filed as part of the plaintiff's evidence
Reference:
Exhibit A3 (a)
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Filed as part of the plaintiff's evidence
Reference:
Exhibit A4