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
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
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.
Why Plaintiff Won:
Losing Side's Weaknesses:
Supporting Evidence
null
Judgment Evidence:
null
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Party Age
- 35
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Praveen K P
Plaintiffs Documents
Original Composite hypothecation agreement, Original agreement cum deed of hypothecation, Office copy of lawyer notice, Original registered Lawyer notice, Certification of statement of accounts maintained by the plaintiff for the period 25.10.19 to 24.10.22, Certification of statement of accounts period from 25.10.19 to 24.10.22, Certification of statement of accounts period from 22.06.10 to 28.03.23
Defendants Documents
Advocates
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
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Case Code
Case between Canara Bank vs Praveen K P regarding realization of money
Case Code Year
Case between Canara Bank vs Praveen K P regarding realization of money