Case Summary
Canara Bank is seeking to recover dues from MR. Amal. T. T, who defaulted on a loan taken for a paper bag business. The bank claims an outstanding amount along with interest due to non-payment.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant is directed to pay Rs.3,30,289.44/- with an interest at the rate of 7% till the date of decree and 6% thereafter.
Case Type
Civil Suit
Final Judgment
No
The court decreed that the defendant MR. Amal. T. T is to pay the plaintiff Canara Bank an amount of Rs. 3,30,289.44 along with interest and costs of the suit.
Why Plaintiff Won:
The plaint claim of borrowal of the amount and the default of the payments is proved.
The plaint claim of borrowal of the amount and the default of the payments is proved.
Losing Side's Weaknesses:
The plaint claim of borrowal of the amount and the default of the payments is proved.
The plaint claim of borrowal of the amount and the default of the payments is proved.
Supporting Evidence
The plaint claim of borrowal of the amount and the default of the payments is proved by the affidavit of PW1 and documents No.A1 to A6 documents.
Judgment Evidence:
In the result, The suit is decreed as follows: (1) The defendant is directed to pay Rs.3,30,289.44/- to the plaintiff with an interest at the rate of 7% till the date of decree...
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Party Role
- Defendant
- Party Name
- MR. Amal. T. T
- Party Age
- 30
- Relation
- S/o
Plaintiffs Documents
Sanction Memorandum, Agreement cum deed of hypothecation, Acknowledge debt and security, Copy of Lawyer notice, Account statement for the period.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt. Lissy K.K.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri. Abdul Gamal Nazar
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is directed to pay Rs.3,30,289.44 to the plaintiff.
Evidence:
The defendant is directed to pay Rs.3,30,289.44/- (Rupees Three Lakhs Thirty Thousand Two Hundred And Eighty Nine And Forty Four Paise Only) to the plaintiff with an interest at the rate of 7% till the date of decree and thereafter at the rate of 6% per annum till realisation.
Relief Type:
Recovery
Outcome:
Granted
Description:
The defendant is also directed to pay the costs of the suit to the plaintiff.
Evidence:
The plaintiff is also entitled to get the costs of the suit.
Documents & Evidence
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
Document supporting the loan granted to the defendant.
Reference:
Ext.A1
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Agreement detailing the terms under which the loan was granted.
Reference:
Ext.A2
Document Type:
Acknowledge debt and security
Submitted By:
Plaintiff
Relevance:
Acknowledgement of the debt owed by the defendant.
Reference:
Ext.A3
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Legal notice sent to the defendant regarding the debt claim.
Reference:
Ext.A4
Document Type:
Undelivered cover
Submitted By:
Plaintiff
Relevance:
Evidence of communication sent to the defendant.
Reference:
Ext.A5
Document Type:
Account statement for the period from 22-12-2020 to 01-01-2025
Submitted By:
Plaintiff
Relevance:
Statement showing the payments and outstanding amount.
Reference:
Ext.A6
Document Type:
Certificate
Submitted By:
Plaintiff
Relevance:
Document certifying the loan account details.
Reference:
Ext.A6(a)
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Recovery of money
Case Code
Case between Canara Bank vs MR. Amal. T. T regarding realisation of money
Case Code Year
Case between Canara Bank vs MR. Amal. T. T regarding realisation of money