Case Summary
Two suits filed by Syndicate Bank against the defendant for the recovery of loan amounts due to default in repayments.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Money Recovery with Interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
The court decreed in favor of the plaintiff Syndicate Bank for the recovery of due loan amounts with interest from the defendant.
Why Plaintiff Won:
Reason not clearly mentioned
Reason not clearly mentioned
Losing Side's Weaknesses:
Not available
Not available
Supporting Evidence
Therefore, I hold a view that the plaintiff has proved its case by documents produced in this case.
Judgment Evidence:
In the result, O.S.70/2014 and O.S.71/2014 are decreed as follows:
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Syndicate Bank
- Party Role
- Defendant
- Party Name
- Prabath K
- Relation
- S/o.
Plaintiffs Documents
Statement of Accounts, Application for Advance, Composite Hypothecation Agreement, Receipts
Defendants Documents
Statement of Accounts
Advocates
Reliefs
Relief Type:
Money Recovery with Interest
Outcome:
Granted
Description:
Recovery of due loan amounts with interest
Evidence:
The plaintiff is entitled for a decree as prayed for in both cases.
Relief Type:
Costs Recovery
Outcome:
Unknown
Description:
Recovery of costs of the suits from the defendant
Evidence:
Not mentioned
Documents & Evidence
Document Type:
Statement of Accounts
Submitted By:
Plaintiff
Relevance:
Showed details of transactions and amount due from defendant.
Reference:
Exts. A1, A7
Document Type:
Application for Advance
Submitted By:
Plaintiff
Relevance:
Documented loan application by the defendant.
Reference:
Ext. A2
Document Type:
Composite Hypothecation Agreement
Submitted By:
Plaintiff
Relevance:
Agreement executed by the defendant.
Reference:
Ext. A3
Document Type:
Receipts
Submitted By:
Plaintiff
Relevance:
Receipts for loan amounts received by the defendant.
Reference:
Ext. A4, A5, A6
Case Classification
Case Type
Civil Suit - Money Recovery
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 Syndicate Bank vs Prabath K regarding loan recovery
Case Code Year
Case between Syndicate Bank vs Prabath K regarding loan recovery