Case Summary
Punjab National Bank is the plaintiff seeking to recover the outstanding amount due from defendants Midhun Micheal and T.F. Micheal related to an educational loan. The case was settled, and the entire amount was received by the plaintiff.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
The suit was dismissed as not pressed after the defendants settled the outstanding amount with the plaintiff bank. Each party will bear their own costs.
Why Plaintiff Won:
Losing Side's Weaknesses:
Supporting Evidence
The counsel for plaintiff submitted that the matter was settled as one time settlement between the parties and the entire amount due from the defendants are received by the plaintiff bank.
Judgment Evidence:
In the result suit is dismissed as not pressed and settled.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Punjab National Bank
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Midhun Micheal
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- T.F. Micheal
- Relation
- S/o
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- M.P Vijayan
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Bensil vilson
- Appearance Type
- Assisting Counsel
- Party Role
- Defendant
- Advocate Name
- D1-Abdul Khadir
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is permitted to withdraw the suit without liberty to institute fresh suit.
Evidence:
Hence the plaintiff is permitted to withdraw the suit without liberty to institute fresh suit under O.23 R 1(4).
Relief Type:
Other
Outcome:
Granted
Description:
Suit is dismissed as not pressed and settled.
Evidence:
In the result suit is dismissed as not pressed and settled.
Documents & Evidence
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Recovery of money
Case Code
Case between Punjab National Bank vs Midhun Micheal, T.F. Micheal regarding recovery of outstanding amount in an educational loan.
Case Code Year
Case between Punjab National Bank vs Midhun Micheal, T.F. Micheal regarding recovery of outstanding amount in an educational loan.
Case Flags
Out-of-Court Settlement