Case Summary
Canara Bank filed a suit against Ms Radha cane Furniture and its proprietor regarding unpaid loan dues. The defendants failed to appear in court despite repeated notices.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants to pay 6,54,997/- with interest and costs.
Case Type
Civil Suit
Final Judgment
No
The court decreed that the defendants must pay the plaintiff the outstanding loan amount along with interest. The plaintiff was also awarded the costs of the suit.
Why Plaintiff Won:
The plaintiff provided sufficient evidence to establish its claim.
The plaintiff provided sufficient evidence to establish its claim.
Losing Side's Weaknesses:
The plaintiff provided sufficient evidence to establish its claim.
The plaintiff provided sufficient evidence to establish its claim.
Supporting Evidence
The plaint averments, affidavit and the documents would establish the case of the plaintiff. There is no evidence to rebut the evidence adduced on the side of the plaintiff.
Judgment Evidence:
In the result, the suit is decreed as follows: It is ordered that the defendants to pay to the plaintiff the sum of 6,54,997/- (Rupees six lakh fifty four thousand nine hundred and ninety nine only) with interest thereon at the rate of 6% per annum for the principal amount of 6,00,000/- (Rupees six lakh only) from the date of institution of the suit till the date of realization of the sum.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Party Role
- Defendant
- Party Name
- Ms Radha cane Furniture
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Ambilymol P S
- Party Age
- 28
- Relation
- W/o Akhilmon
Plaintiffs Documents
Loan Application, Sanction Letter, Letter of undertaking, Agreement cum Deed of Hypothecation, Statement of Account, Copy of Lawyers Notice, Postal Receipt
Defendants Documents
Nil
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Jayakrishnan R
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Nikshitha Annie Thomas
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Jebin Ealias James
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
To recover the sum of 6,54,997/- from the defendants along with interest.
Evidence:
It is ordered that the defendants to pay to the plaintiff the sum of 6,54,997/- (Rupees six lakh fifty four thousand nine hundred and ninety nine only) with interest thereon at the rate of 6% per annum for the principal amount of 6,00,000/- (Rupees six lakh only) from the date of institution of the suit till the date of realization of the sum.
Relief Type:
Other
Outcome:
Granted
Description:
To recover the costs from the defendants.
Evidence:
The plaintiff is entitled to realise the costs from the defendants.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
This document supports the plaintiff's claim regarding the loan sanctioned to the defendants.
Reference:
Ext.A1
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
This document evidences the approval of the loan to the defendants.
Reference:
Ext.A2
Document Type:
Letter of undertaking
Submitted By:
Plaintiff
Relevance:
This document outlines the defendants' commitments regarding the loan.
Reference:
Ext.A3
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
This document serves as a legal agreement related to the loan.
Reference:
Ext.A4
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
This document provides details of the outstanding amount owed by the defendants.
Reference:
Ext.A5
Document Type:
Copy of Lawyers Notice
Submitted By:
Plaintiff
Relevance:
This document proves that the defendants were notified of their dues.
Reference:
Ext.A6
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
This document confirms the delivery of the legal notice to the defendants.
Reference:
Ext.A7
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
This document is an additional postal receipt related to the legal notice.
Reference:
Ext.A7(a)
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kottayam
State
Kerala
Court Establishment
Munsiff Court, Kottayam
Common Reasons
Recovery of money
Case Code
Case between Canara Bank vs Ms Radha cane Furniture et al regarding realization of money.
Case Code Year
Case between Canara Bank vs Ms Radha cane Furniture et al regarding realization of money.