Case Summary
This case involves SYNDICATE BANK, which sanctioned a loan to the defendants. Due to default in repayment, the bank filed a suit for the recovery of the loan amount.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
The plaintiff is entitled to realize an amount of 3,32,215 ₹ with future interest @ 10.15% per annum and costs.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed with costs in favor of the plaintiff for the recovery of Rs. 3,32,215 with future interest. The claim for penal interest is denied.
Why Plaintiff Won:
The defendants conceded to the claim and agreed to clear off the decree debt within six months.
The defendants conceded to the claim and agreed to clear off the decree debt within six months.
Losing Side's Weaknesses:
The defendants conceded to the claim and agreed to clear off the decree debt within six months.
The defendants conceded to the claim and agreed to clear off the decree debt within six months.
Supporting Evidence
the defendants filed a conceding written statement stating that, they are ready to clear off the decree debt within 6 months.
Judgment Evidence:
In the result, the suit is decreed with costs.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- SYNDICATE BANK
- Party Role
- Defendant
- Party Name
- MINEESH. A. K
- Party Age
- 43
- Relation
- S/o
- Party Role
- Defendant
- Party Name
- M/S. I RANGE COMPUTERS
Plaintiffs Documents
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Sri. A. Santhosh
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt. Pooja. A. P
- 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 3,32,215 ₹ with future interest @ 10.15% per annum, from the date of suit till the date of realization.
Evidence:
the suit is hereby decreed.
Relief Type:
Other
Outcome:
Granted
Description:
The plaintiff is entitled to get the costs of the suit.
Evidence:
the suit is decreed with costs.
Documents & Evidence
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 SYNDICATE BANK vs MINEESH. A. K et al regarding realization of money.
Case Code Year
Case between SYNDICATE BANK vs MINEESH. A. K et al regarding realization of money.