The Branch Mangager, Tamilnad Mercantile bank Ltd., Sathyamangalam vs Gowtham and one another — 100212/2018
Case under Suitsvaluationact Section 22. Disposed: Contested--Decreed with cost on 27th March 2026.
OS - Original Suit
CNR: TNED050008062018
e-Filing Number
-
Filing Number
100212/2018
Filing Date
22-10-2018
Registration No
100212/2018
Registration Date
22-10-2018
Court
Sub Court, Sathyamangalam
Judge
1-Subordinate Judge
Decision Date
27th March 2026
Nature of Disposal
Contested--Decreed with cost
Acts & Sections
Petitioner(s)
The Branch Mangager, Tamilnad Mercantile bank Ltd., Sathyamangalam
Adv. K.R. Annaamalai
Respondent(s)
Gowtham and one another
Sampath Kumar
Hearing History
Judge: 1-Subordinate Judge
Disposed
Judgement
Judgement
Arguments
Arguments
| Date | Purpose | Result |
|---|---|---|
| 27-03-2026 | Disposed | |
| 23-03-2026 | Judgement | |
| 10-03-2026 | Judgement | |
| 04-03-2026 | Arguments | |
| 11-02-2026 | Arguments |
Final Orders / Judgements
The Subordinate Judge Sathyamangalam decreed the plaintiff bank's suit and ordered the defendants to pay Rs. 3,83,815/- with interest at 9% per annum until decree and 6% thereafter, rejecting the defendants' pleas of inability to repay and premature recovery. The court found the loan documents were validly executed and the defendants' failure to provide documentary proof of alleged payments or government subsidies insufficient to defeat the bank's recovery claim. This case analysis is maintained by casestatus.in based on publicly available court records.
Interim Orders
The Subordinate Judge Sathyamangalam decreed the plaintiff bank's suit and ordered the defendants to pay Rs. 3,83,815/- with interest at 9% per annum until decree and 6% thereafter, rejecting the defendants' pleas of inability to repay and premature recovery. The court found the loan documents were validly executed and the defendants' failure to provide documentary proof of alleged payments or government subsidies insufficient to defeat the bank's recovery claim. This case analysis is maintained by casestatus.in based on publicly available court records.
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