Case Summary
The plaintiff, Canara Bank, filed a suit against the defendant, Rennya Raj, for recovery of a loan amount that was not repaid. The defendant had borrowed money from the bank for business expansion but failed to repay despite reminders.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realise an amount of Rs.2,02,334.14 with interest at the rate of 7.95% per annum.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the total amount due from the defendant along with interest and costs.
Why Plaintiff Won:
The evidence presented by the plaintiff established the defendant's indebtedness.
The evidence presented by the plaintiff established the defendant's indebtedness.
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
The oral as well as documentary evidence adduced from the side of plaintiff bank clearly established that the defendants are indebted to the plaintiff bank.
Judgment Evidence:
In the result, the suit is decreed with costs as follows: The plaintiff is entitled to realise an amount of Rs.2,02,334.14/- (Rupees Two Lakh Two Thousand Three Hundred and Thirty Four and Paise Fourteen only) with interest at the rate of 7.95% per annum from the date of the suit till the date of decree and at the rate of 6% per annum from the date of decree till realisation with costs, from the defendants.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- The Canara Bank
- Party Role
- Defendant
- Party Name
- Rennya Raj
- Party Age
- 32
- Relation
- D/o
Plaintiffs Documents
Authorization Letter, Loan Application, Loan Sanction Memorandum, Agreement cum deed of Hypothecation, Office copy of Advocate Notice, Postal Receipt, Acknowledgment Card, Statement of accounts
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Ajith A.Khader
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Jasmine.M.
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover an amount from the defendant.
Evidence:
The plaintiff is entitled to realise an amount of Rs. Rs. 2,02,334.14/- (Rupees Two Lakh Two Thousand Three Hundred and Thirty Four and Paise Fourteen only) from the defendant and her assets with interest thereon at the rate of 7.95% per annum from the date of the suit till the date of decree with the cost of this suit with interest thereon at the rate of 6% per annum from the date of decree to the date of realization.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Document evidencing the request for loan by the defendant.
Reference:
Ext.A2
Document Type:
Loan Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
Document showing the loan amount sanctioned to the defendant.
Reference:
Ext.A3
Document Type:
Agreement cum deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Document related to the loan agreement executed by the defendant.
Reference:
Ext.A4
Document Type:
Office copy of Advocate notice
Submitted By:
Plaintiff
Relevance:
Notice sent to the defendant to close the liability.
Reference:
Ext.A5
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
Receipt evidencing the dispatch of the advocate notice.
Reference:
Ext.A6
Document Type:
Acknowledgment card
Submitted By:
Plaintiff
Relevance:
Card indicating acknowledgment of receipt related to the advocate notice.
Reference:
Ext.A7
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Document showing the account statements related to the loan.
Reference:
Ext.A8
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Non-payment of rent
Case Code
Case between The Canara Bank vs Rennya Raj regarding Realisation of Money
Case Code Year
Case between The Canara Bank vs Rennya Raj regarding Realisation of Money