Case Summary
Canara Bank filed a suit against Shebeer and Jameela Beevi for recovering a loan amount of Rs. 1,70,984.72. The defendants failed to repay the amount despite receiving a legal notice.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realise an amount of Rs 1,70,984.72 with interest at the rate of 6% per annum from the date of suit till the date of realisation with costs from the defendant and his assets.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the outstanding loan amount along with interest.
Why Plaintiff Won:
The plaintiff has succeeded in proving his case.
The plaintiff has succeeded in proving his case.
Losing Side's Weaknesses:
The plaintiff has succeeded in proving his case.
The plaintiff has succeeded in proving his case.
Supporting Evidence
By producing Ext. A1 to A12 and by deposing in tune with the plaint averments in the affidavit, the plaintiff has succeeded in proving him case. Moreover, there is no evidence to rebut the evidence adduced on the side of the plaintiff.
Judgment Evidence:
In the result, the suit is decreed as follows: The plaintiff is entitled to realise an amount of Rs 1,70,984.72/- (Rupees One Lakh Seventy Thousand Nine Hundred Eighty four and Paise Seventy two Only) with interest at the rate of 6% per annum from the date of suit till the date of realisation with costs from the defendant and his assets.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Party Role
- Defendant
- Party Name
- Shebeer
- Party Age
- 38
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- Jameela Beevi
- Party Age
- 56
- Relation
- W/o
Plaintiffs Documents
Authorization Letter dated 14/10/2022, Loan Application dated 23/06/2020, Cash Credit Agreement dated 23/06/2020, Guarantee Agreement dated 23/06/2020, Letter of Renewal dated 11/08/2021, Sanction memorandum dated 11/08/2021, Office Copy of Advocate Notice dated 27/10/2023, Postal Receipts dated 27/10/2023, Acknowledgement Card, Account Statement for the period from 01/04/2023 to 27/09/2023.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Ajith A Khader
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Nil
- Appearance Type
- Case between Canara Bank vs Shebeer et al regarding realisation of money > Case advocates
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover an amount due from the defendants.
Evidence:
In the result, the suit is decreed as follows: The plaintiff is entitled to realise an amount of Rs 1,70,984.72/- (Rupees One Lakh Seventy Thousand Nine Hundred Eighty four and Paise Seventy two Only) with interest at the rate of 6% per annum from the date of suit till the date of realisation with costs from the defendant and his assets.
Documents & Evidence
Document Type:
Authorization letter
Submitted By:
Plaintiff
Relevance:
This document authorizes the plaintiff bank to process the loan.
Reference:
Ext.A1
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
This document is the application submitted by the defendants for the loan.
Reference:
Ext.A2
Document Type:
Cash Credit Agreement
Submitted By:
Plaintiff
Relevance:
This agreement outlines the terms of the cash credit facility availed by the defendants.
Reference:
Ext.A3
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
This agreement binds the second defendant as a guarantor for the loan taken.
Reference:
Ext.A4
Document Type:
Letter of renewal
Submitted By:
Plaintiff
Relevance:
This letter pertains to the renewal of the loan facility by the 1st defendant.
Reference:
Ext.A5
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
This memorandum confirms the sanction of the loan amount by the bank.
Reference:
Ext.A6
Document Type:
Office copy of Advocate notice
Submitted By:
Plaintiff
Relevance:
These copies of the notice were issued to demand repayment from the defendants.
Reference:
Ext.A7 and A10
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
These receipts serve as evidence of the notice being sent to the defendants.
Reference:
Ext.A8 and A11
Document Type:
Acknowledgement Card
Submitted By:
Plaintiff
Relevance:
This card was signed by the defendants acknowledging receipt of the notice.
Reference:
Ext.A9
Document Type:
Account Statement
Submitted By:
Plaintiff
Relevance:
This statement details the transactions and outstanding balance in the defendants' account.
Reference:
Ext.A12
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kollam
State
Kerala
Court Establishment
Munsiff Court Kollam
Common Reasons
Recovery of money
Case Code
Case between Canara Bank vs Shebeer et al regarding realisation of money
Case Code Year
Case between Canara Bank vs Shebeer et al regarding realisation of money