Canara bank Usilampatti branch Madurai district Represented by its branch manager vs S.Saravanan and 1 another — 409/2023
Case under Codeofcivilprocedure Section 22. Disposed: Contested--Decreed with cost on 16th March 2026.
OS - Original Suit
CNR: TNMD240005992023
Filing Number
584/2023
Filing Date
30-10-2023
Registration No
409/2023
Registration Date
30-10-2023
Court
Sub Court, Usilampatti
Judge
3-Sub Judge, Usilampatti
Decision Date
16th March 2026
Nature of Disposal
Contested--Decreed with cost
Acts & Sections
Petitioner(s)
Canara bank Usilampatti branch Madurai district Represented by its branch manager
Adv. Tr.s.Ganesh babu
Respondent(s)
S.Saravanan and 1 another
A.Selvam
Hearing History
Judge: 3-Sub Judge, Usilampatti
Disposed
Judgement
Evidence
Evidence
Evidence
| Date | Purpose |
|---|---|
| 16-03-2026 | Disposed |
| 09-03-2026 | Judgement |
| 06-03-2026 | Evidence |
| 27-02-2026 | Evidence |
| 02-02-2026 | Evidence |
Final Orders / Judgements
Case Summary: Canara Bank v. S. Saravanan & A. Selvam (409/2023) The court awarded Canara Bank judgment for recovery of an outstanding education loan of ₹9,60,885.51 with 9.75% annual interest from the defendants. The defendants had borrowed ₹2,43,500 in November 2008 for education purposes and failed to repay despite the loan repayment period ending in 2013, prompting the bank's 2023 recovery suit. The court found the defendants liable to repay the principal amount of ₹2,43,500 plus accrued interest until full payment. This case analysis is maintained by casestatus.in based on publicly available court records.
Interim Orders
Case Summary: Canara Bank v. S. Saravanan & A. Selvam (409/2023) The court awarded Canara Bank judgment for recovery of an outstanding education loan of ₹9,60,885.51 with 9.75% annual interest from the defendants. The defendants had borrowed ₹2,43,500 in November 2008 for education purposes and failed to repay despite the loan repayment period ending in 2013, prompting the bank's 2023 recovery suit. The court found the defendants liable to repay the principal amount of ₹2,43,500 plus accrued interest until full payment. This case analysis is maintained by casestatus.in based on publicly available court records.
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