Case Summary
Plaintiff Canara Bank is seeking to recover ₹9,93,667 from the defendants who failed to repay a loan.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
Plaintiff Canara Bank awarded ₹9,93,667 with 6% interest per annum from the date of the suit.
Why Plaintiff Won:
Losing Side's Weaknesses:
Supporting Evidence
Judgment Evidence:
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- Senior Manager, Divya Mathew
- Party Role
- Defendant
- Party Name
- R-Tech Glass Solutions
- Relation
- Proprietor Mr. Ramesh Babu K.N
- Party Role
- Defendant
- Party Name
- Mr. Ramesh Babu K.N
- Party Age
- 42
- Relation
- S/o. B. Narayanakutty
Plaintiffs Documents
Authorisation Letter, Loan Application form, Sanction Memo, Cash Credit Agreement, Request for overdraft facilities, Pronote, Letter of renewal, Loan Application, Letter of Undertaking, Agreement Cum Deed of Hypothecation, Acknowledgment of debt and security, Application form for Loans, Sanction Letter
Defendants Documents
Nil
Advocates
- Party Role
- Plaintiff
- Advocate Name
- S. Ramesh
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Kavya P. Prasad
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Money and Loan Recovery
Outcome:
Granted
Description:
Defendants directed to pay a specific sum to the plaintiff with interest
Evidence:
There is no reason to disbelieve the evidence tendered
Documents & Evidence
Document Type:
Authorisation Letter
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A1
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A2
Document Type:
Sanction Memo
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A3
Document Type:
Cash Credit Agreement
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A4
Document Type:
Request for Overdraft Facilities
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A5
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A6
Document Type:
Letter of renewal
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A7 and Ext.A8
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A9
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A10 and Ext.A13
Document Type:
Letter of undertaking
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A11
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A14 and Ext.A18
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A15 and Ext.A19
Document Type:
Application form for loans
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A16
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A20
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A21
Document Type:
Sanction letter
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A22
Document Type:
Office copy of lawyer notice
Submitted By:
Plaintiff
Relevance:
Relevance not mentioned
Reference:
Ext.A23
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 R-Tech Glass Solutions et al regarding realisation of money
Case Code Year
Case between Canara Bank vs R-Tech Glass Solutions et al regarding realisation of money