State Bank Of India vs Master Electricals — 154/2024

JudgementView PDF

The Munsiff's Court in Kannur decreed SBI's suit against Master Electricals for recovery of ₹6,64,698 in defaulted loan principal with interest at 6% per annum from the date of suit until realization. The defendants, who failed to appear despite substituted service, had availed a ₹6,00,000 cash credit loan in January 2018 but ceased payments in July 2022, resulting in the account being classified as a Non-Performing Asset. This case analysis is maintained by casestatus.in based on publicly available court records.

Disposed

Addl. Munsiff/Jfcm 5, Kannur

Order/ Judgement

Addl. Munsiff/Jfcm 5, Kannur

For further hearing

Addl. Munsiff/Jfcm 5, Kannur

For Hearing

Addl. Munsiff/Jfcm 5, Kannur

For evidence

Addl. Munsiff/Jfcm 5, Kannur

For evidence

Addl. Munsiff/Jfcm 5, Kannur

for evidence

Addl. Munsiff/Jfcm 5, Kannur

For evidence

Addl. Munsiff/Jfcm 5, Kannur

For paper Publication

Addl. Munsiff/Jfcm 5, Kannur

Paper Publication produced-Await report Affixture

Addl. Munsiff/Jfcm 5, Kannur

Paper Publication produced-Await report Affixture

Addl. Munsiff/Jfcm 5, Kannur

For paper Publication

Addl. Munsiff/Jfcm 5, Kannur

For paper Publication

Addl. Munsiff/Jfcm 5, Kannur

For paper Publication

Addl. Munsiff/Jfcm 5, Kannur

Call With IA

Addl. Munsiff/Jfcm 5, Kannur

Steps if any

Addl. Munsiff/Jfcm 5, Kannur

For Steps

Addl. Munsiff/Jfcm 5, Kannur

For Steps

Addl. Munsiff/Jfcm 5, Kannur

For Steps

Addl. Munsiff/Jfcm 5, Kannur

First hearing

Initial hearing scheduled

Case filed

Registration No. 154/2024