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
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
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
Plaintiffs
Canara Bank (Age not specified years)
Kadampuzha Branch
Defendants
Muhammed Riyas.K.K. (22 years)
Kaniyathukattil House, P.O. Marakkara, Kadampuzha, Marakkara amsom, Tirur Taluk
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...