Case Summary
Canara Bank filed a suit against Viswanathan. M seeking to recover a loan amount of Rs.1,93,474/- due to default in repayment for the purchase of an Ape Passenger Auto.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of outstanding loan amount with interest
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
The court decreed in favor of the plaintiff Canara Bank directing the defendant to pay the outstanding loan amount of Rs. 1,93,474/- along with interest.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Reason not clearly mentioned
Reason not clearly mentioned
Supporting Evidence
Not available
Judgment Evidence:
The suit is decreed as follows: Defendant is directed to pay an amount of Rs. 1,93,474/- with interest on Rs. 1,92,043/- at the rate of 8% per annum.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Canara Bank
- Relation
- Represented by its Manager
- Party Role
- Defendant
- Party Name
- Viswanathan. M
- Party Age
- 30
- Relation
- S/o. Kanakkarayi
Plaintiffs Documents
Loan documents, Undertaking, Deed of Hypothecation
Defendants Documents
Not available
Advocates
Reliefs
Relief Type:
Payment of outstanding loan amount with interest
Outcome:
Granted
Description:
Recover the loan amount of Rs. 1,93,474/- along with interest.
Evidence:
The suit is decreed as follows: Defendant is directed to pay an amount of Rs. 1,93,474/- with interest on Rs. 1,92,043/- at the rate of 8% per annum.
Documents & Evidence
Document Type:
Loan documents
Submitted By:
Plaintiff
Relevance:
Evidence of loan granted and default
Reference:
Document Type:
Undertaking
Submitted By:
Plaintiff
Relevance:
Details of the defendant's commitments
Reference:
Document Type:
Deed of Hypothecation
Submitted By:
Plaintiff
Relevance:
Document of hypothecation of purchased vehicle
Reference:
Case Classification
Case Type
Civil Suit - Recovery of Money
Category
Money and Loan Recovery
District
Malappuram
State
Kerala
Court Establishment
Munsiff Court, Tirur / Rent Control Court
Common Reasons
Loan default
Case Code
Case between Canara Bank vs Viswanathan. M regarding loan default
Case Code Year
Case between Canara Bank vs Viswanathan. M regarding loan default