Case Summary
Canara Bank filed a suit for the realisation of money against M/s.Nilans Bakery and Supermarket. The case was settled through mediation for an amount of Rs. 11,75,000/-.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendants directed to pay Rs. 11,75,000/- to the plaintiff.
Case Type
Commercial Suit
Final Judgment
No
The court accepted the mediation report and decreed the suit for Rs. 11,75,000/- to be paid by the defendants.
Why Plaintiff Won:
The mediation settlement was lawful and accepted by the court.
The mediation settlement was lawful and accepted by the court.
Losing Side's Weaknesses:
The mediation settlement was lawful and accepted by the court.
The mediation settlement was lawful and accepted by the court.
Supporting Evidence
I have gone through the terms of settlement arrived at by the parties and I am satisfied that it is lawful and for the benefit of the parties.
Judgment Evidence:
Hence, the mediation report is accepted and suit is decreed.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank, Vellimadukunnu branch
- Party Role
- Defendant
- Party Name
- M/s.Nilans Bakery and Supermarket
- Party Role
- Defendant
- Party Name
- Sajil Kumar
- Party Age
- 44
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.P.K.Narayanan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Sri.Asokan Pazhoor
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.M.Rajesh Kumar
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Defendants are directed to pay an amount of Rs. 11,75,000/- to the plaintiff.
Evidence:
defendant Nos. 1 and 2 are jointly and severally directed to pay an amount of Rs. 11,75,000/- (Rupees eleven lakhs and seventy five thousand only) to the plaintiff on or before 13.06.2025, failing which the plaintiff shall be entitled to realise the amount with interest @ 6% per annum.
Relief Type:
Other
Outcome:
Granted
Description:
Mediation report to form part of the decree.
Evidence:
Mediation report shall form part of the decree.
Relief Type:
Other
Outcome:
Granted
Description:
Refund court fees and LBF as per rules.
Evidence:
Refund court fees and LBF as per rules.
Documents & Evidence
Case Classification
Case Type
Commercial Suit
Category
Other Civil Cases
District
Kozhikode
State
Kerala
Court Establishment
Commercial Court Kozhikode
Common Reasons
Recovery of money
Case Code
Case between Canara Bank vs M/s.Nilans Bakery and Supermarket regarding realisation of money.
Case Code Year
Case between Canara Bank vs M/s.Nilans Bakery and Supermarket regarding realisation of money.
Case Flags
Adalath Resolved
Out-of-Court Settlement