Canara Bank, Punjai Puliampatti Branch Rep. by its Branch Manager vs S.Vellingiri — 28/2022
Case under Suitsvaluationact Section 22. Disposed: Uncontested--Settled through Lok Adalat on 14th March 2026.
OS - Original Suit
CNR: TNED050000652022
e-Filing Number
-
Filing Number
72/2022
Filing Date
04-02-2022
Registration No
28/2022
Registration Date
09-02-2022
Court
Sub Court, Sathyamangalam
Judge
1-Subordinate Judge
Decision Date
14th March 2026
Nature of Disposal
Uncontested--Settled through Lok Adalat
Acts & Sections
Petitioner(s)
Canara Bank, Punjai Puliampatti Branch Rep. by its Branch Manager
Adv. N.M.Shanmugam
Respondent(s)
S.Vellingiri
Hearing History
Judge: 1-Subordinate Judge
Disposed
Lok Adalat
Evidence
Evidence
Evidence
| Date | Purpose | Result |
|---|---|---|
| 14-03-2026 | Disposed | |
| 10-03-2026 | Lok Adalat | |
| 09-03-2026 | Evidence | |
| 03-02-2026 | Evidence | |
| 13-12-2025 | Evidence |
Interim Orders
Court Decision Summary The Subordinate Court of Sathyamangalam (O.S. No. 28/2022, dated 11.11.2025) ruled that the defendant is liable to repay Rs. 3,60,000/- as the outstanding loan amount, having already paid Rs. 3,63,740/- towards the MSME loan of Rs. 4,60,000/- disbursed in May 2017 at 10.40% interest with a 60-month repayment schedule. The court found credible evidence supporting the loan transaction and dismissed defects in documentation raised by the defendant, ordering continuation of proceedings for recovery of the remaining balance. This case analysis is maintained by casestatus.in based on publicly available court records.
Court Decision Summary The Subordinate Court of Sathyamangalam (O.S. No. 28/2022, dated 11.11.2025) ruled that the defendant is liable to repay Rs. 3,60,000/- as the outstanding loan amount, having already paid Rs. 3,63,740/- towards the MSME loan of Rs. 4,60,000/- disbursed in May 2017 at 10.40% interest with a 60-month repayment schedule. The court found credible evidence supporting the loan transaction and dismissed defects in documentation raised by the defendant, ordering continuation of proceedings for recovery of the remaining balance. This case analysis is maintained by casestatus.in based on publicly available court records.
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