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ORIGINAL SUIT NO. 7 OF 2017

Case between Canara Bank vs Viswanathan. M regarding loan default

Court
Court of the Munsiff of Tirur
Judge
Smt. Vincy.T.V.
Order Date
2017-07-29
Duration
3 days

Judgement document from eCourt website

Open judgment PDF (eCourt)
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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

Plaintiff Won
Interim Order
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.
Judgment Favored
Plaintiff
Relief Granted
Payment of outstanding loan amount with interest
Case Type
Civil Suit - Recovery of Money
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned

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

Plaintiffs

Canara Bank (Age not specified years) Kadampuzha Branch

Defendants

Viswanathan. M (30 years) Mannukuthu House, Post Karipole, Athavanad amsom, Tirur Taluk

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:

Quick Facts

Location
Tirur
Case Filed
Mon, 07/24/2017 - 12:00
Outcome Confidence
90%

Involved Entities

Bank

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