Case Summary
This is a suit for realization of money. The plaintiff, Canara Bank, has filed a suit against the defendant, Prince Mohan, for recovery of a loan amounting to ₹43,009 that the defendant failed to repay.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of ₹43,009 with interest at 9.15% per annum from the date of suit till date of realization.
Case Type
Civil Suit
Final Judgment
No
The court decreed the suit in favor of the plaintiff, allowing them to recover the amount claimed from the defendant.
Why Plaintiff Won:
The claim of the plaintiff to realize the amount from the defendant stands unchallenged and undisputed.
The claim of the plaintiff to realize the amount from the defendant stands unchallenged and undisputed.
Losing Side's Weaknesses:
The claim of the plaintiff to realize the amount from the defendant stands unchallenged and undisputed.
The claim of the plaintiff to realize the amount from the defendant stands unchallenged and undisputed.
Supporting Evidence
The claim of the plaintiff to realize the amount from the defendant stands unchallenged and undisputed.
Judgment Evidence:
Hence, the suit is decreed with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- MANAGER, CANARA BANK, KUTTIADI BRANCH
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- PRINCE MOHAN. P. M
- Party Age
- 31
- Relation
- S/o
Plaintiffs Documents
Loan application form, Sanction Memorandum, Cash Credit Agreement, Pronote, Letter of Proprietorship, Loan Application Form, Sanction of renewal of Working Capital Limit, Letter of Renewal, Copy of Lawyer Notice, Postal Receipt, Acknowledgment, Statement of the Loan Account and Certificate from the Bank.
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. Remesan Katayam Kottummal
- Appearance Type
- Main Counsel
- Party Role
- Defendant
- Advocate Name
- Smt. Haritha. O. P
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to realize an amount of ₹ 43,009 with interest at 9.15% per annum from the date of suit till realization.
Evidence:
Hence, the suit is decreed with costs as follows: The plaintiff is entitled to realize an amount of ₹ 43,009 (Rupees Five Lakhs Forty Three Thousand and Nine only) with interest @ 9.15% per annum, from the date of suit till the date of realization.
Documents & Evidence
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A1
Document Type:
Sanction Memorandum
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A2
Document Type:
Cash Credit Agreement
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A3
Document Type:
Pronote
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A4
Document Type:
Letter of Proprietorship
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A5
Document Type:
Loan Application Form
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A6
Document Type:
Sanction of renewal of Working Capital Limit
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A7
Document Type:
Letter of renewal
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A8
Document Type:
Copy of Lawyer Notice
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A9
Document Type:
Postal receipt
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A9 (a)
Document Type:
Acknowledgment
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A10
Document Type:
Statement of the Loan Account and Certificate from the Bank
Submitted By:
Plaintiff
Relevance:
This document was part of the evidence presented by the plaintiff for realizing the loan amount.
Reference:
Ext.A11
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court, Nadapuram
Common Reasons
Recovery of money
Case Code
Case between MANAGER, CANARA BANK, KUTTIADI BRANCH vs PRINCE MOHAN. P. M regarding realization of money.
Case Code Year
Case between MANAGER, CANARA BANK, KUTTIADI BRANCH vs PRINCE MOHAN. P. M regarding realization of money.