Case Summary
Canara Bank sanctioned a loan to Sheeja N for agricultural purposes, but she defaulted on repayment. The bank sought to recover the outstanding amount through legal action.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Defendant shall pay an amount of Rs. 69,346/- (Rupees Sixty Nine thousand Three hundred and Forty Six only) to the plaintiff with interest at the rate of 6% per annum.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, ordering the defendant to pay the sum of Rs. 69,346/- with interest for the unpaid loan amount.
Why Plaintiff Won:
The plaintiff's unchallenged evidence proved its case.
The plaintiff's unchallenged evidence proved its case.
Losing Side's Weaknesses:
The plaintiff's unchallenged evidence proved its case.
The plaintiff's unchallenged evidence proved its case.
Supporting Evidence
Plaintiff's unchallenged evidence proves its case and it is entitled to a decree to realise the amount from the defendant.
Judgment Evidence:
In the result, the suit is decreed with costs and defendant shall pay an amount of Rs. 69,346/- (Rupees Sixty Nine thousand Three hundred and Forty Six only) to the plaintiff with interest at the rate of 6% per annum.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Party Role
- Defendant
- Party Name
- Sheeja N
- Party Age
- 50
- Relation
- W/o
Plaintiffs Documents
Original Loan Application, Original sanction memorandum, Agreement of Hypothecation, Original Acknowledgment of Debt and Security, Certified Copy of Statement of Accounts along with Certificate, Copy of Legal Notice
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Feroz. A.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff sought to recover the amount due from the defendant.
Evidence:
Thus, the suit is decreed with costs and defendant shall pay an amount of Rs. 69,346/- (Rupees Sixty Nine thousand Three hundred and Forty Six only) to the plaintiff with interest at the rate of 6% per annum for the principal amount from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Original loan application dated 09.11.2017.
Reference:
Ext.A1
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
Original sanction memorandum.
Reference:
Ext.A2
Document Type:
Agreement of Hypothecation
Submitted By:
Plaintiff
Relevance:
Agreement of hypothecation dated 09.11.2017.
Reference:
Ext.A3
Document Type:
Acknowledgment of Debt and Security
Submitted By:
Plaintiff
Relevance:
Original acknowledgment of debt and security dated 08.11.2019.
Reference:
Ext.A4
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Certified copy of statement of accounts along with certificate.
Reference:
Ext.A5
Document Type:
Legal Notice
Submitted By:
Plaintiff
Relevance:
Copy of legal notice dated 11.05.2022.
Reference:
Ext.A6
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Thiruvananthapuram
State
Kerala
Court Establishment
Munsiff Court Thiruvananthapuram
Common Reasons
Non-payment of rent
Case Code
Case between Canara Bank vs Sheeja N regarding realization of money
Case Code Year
Case between Canara Bank vs Sheeja N regarding realization of money