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O.S. No. 416/2023

Case between Canara Bank vs Praveen K P regarding realization of money

Court
Court of Munsiff, Ernakulam
Judge
Smt. Needi.K.Dinamany
Order Date
2025-02-03
Duration

Judgement document from eCourt website

Open judgment PDF (eCourt)
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Case Summary

Plaintiff Canara Bank filed suit to recover outstanding loan amounts from defendant Praveen K P. Defendant defaulted in repayment, leading to account becoming NPA. Plaintiff sought to recover a total of Rs. 5,21,637 from three loan accounts.

Judgment Outcome

Plaintiff Won
Interim Order
Defendants ordered to pay outstanding loan amounts with interest to the plaintiff. Defendant's assets also liable to satisfy the decree debt. Plaintiff entitled to recover costs of the suit.
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Why Plaintiff Won:

Judgment Evidence:

null

Parties Involved

Plaintiffs

Canara Bank (35 years) M G Road Branch-II, 1st Floor, Webster Building, Shenoy's junction, M G Road, Kochi-682035

Defendants

Praveen K P (Age not specified years) 1-125, Kumbalam PWD Road, Kumbalam, Kochi-682506

Documents & Evidence

Document Type: Composite Hypothecation Agreement
Submitted By: Plaintiff
Relevance:
Original agreement dated 19.10.2019
Reference:
Ext.A1
Document Type: Agreement cum deed of Hypothecation
Submitted By: Plaintiff
Relevance:
Original agreement dated 22.06.2020
Reference:
Ext.A2
Document Type: Lawyer Notice
Submitted By: Plaintiff
Relevance:
Copy of lawyer notice dated 15.09.2022
Reference:
Ext.A3
Document Type: Lawyer Notice
Submitted By: Plaintiff
Relevance:
Notice sent to defendant, returned unclaimed
Reference:
Ext.A4
Document Type: Lawyer Notice
Submitted By: Plaintiff
Relevance:
Regd. lawyer notice sent to defendant
Reference:
Ext.A5
Document Type: Account Statement
Submitted By: Plaintiff
Relevance:
Certified statement for account No.43011400000810
Reference:
Ext.A6
Document Type: Account Statement
Submitted By: Plaintiff
Relevance:
Certified statement for account No.43017100000416
Reference:
Ext.A7
Document Type: Account Statement
Submitted By: Plaintiff
Relevance:
Certified statement for account No.430191600000162
Reference:
Ext.A8

Quick Facts

Location
Ernakulam
Case Filed
Outcome Confidence
50%

Involved Entities

Bank

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