Case Summary
Canara Bank filed suit against Muhammed Riyas.K.K. for non-repayment of two loans granted for purchasing vehicles.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Recovery of money with interest and costs
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
Canara Bank was granted a decree for the recovery of Rs.2,99,138 and Rs.5,85,410 along with interest and costs.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Reason not clearly mentioned
Reason not clearly mentioned
Supporting Evidence
Judgment Evidence:
In the result, the suit is decreed as follows: I. The defendant is hereby directed to pay the plaintiff bank an amount of Rs.2,99,138/- (Rupees two lakh ninety nine thousand one hundred and thirty eight only) with 10.05% interest per annum on the principle sum of Rs. 2,95,357/- from the date of suit till the date of realization II. The defendant is hereby directed to pay the plaintiff bank an amount of Rs.5,85,410/- (Rupees five lakh eighty five thousand four hundred and ten only) with 10.05% interest per annum on the principle sum of Rs. 5,78,583/- from the date of suit till the date of realization III. The defendant shall pay the costs of the suit to the plaintiff.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- By its Manager
- Party Role
- Defendant
- Party Name
- Muhammed Riyas.K.K.
- Party Age
- 22
- Relation
- S/o Hamza
Plaintiffs Documents
Plaintiff's Bank records and communication documents
Defendants Documents
Defendant's communication documents and acknowledgment of debt
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri.C.M.Venugopalan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sreekala.K.
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Sri.Vipin.K.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Recovery of Rs.2,99,138/- with interest and costs
Evidence:
In the result, the suit is decreed as follows...
Relief Type:
Recovery
Outcome:
Granted
Description:
Recovery of Rs.5,85,410/- with interest and costs
Evidence:
In the result, the suit is decreed as follows...
Relief Type:
Costs
Outcome:
Granted
Description:
Defendant shall pay the costs of the suit to the plaintiff
Evidence:
In the result, the suit is decreed as follows...
Documents & Evidence
Case Classification
Case Type
Civil Suit - Recovery of Money
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Loan default
Case Code
Case between Canara Bank vs Muhammed Riyas.K.K. regarding loan recovery
Case Code Year
Case between Canara Bank vs Muhammed Riyas.K.K. regarding loan recovery