Case Summary
The plaintiff, IDBI Bank Ltd., filed a suit against a Joint Liability Group and its members for non-repayment of a term loan, claiming Rs.5,89,872.24 along with interest and damages.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Case Type
Civil Suit
Final Judgment
No
The plaintiff's claim for the loan amount along with interest and costs was decreed in their favor.
Why Plaintiff Won:
The plaintiff provided evidence of the loan agreement and non-repayment by the defendants.
The plaintiff provided evidence of the loan agreement and non-repayment by the defendants.
Losing Side's Weaknesses:
The plaintiff provided evidence of the loan agreement and non-repayment by the defendants.
The plaintiff provided evidence of the loan agreement and non-repayment by the defendants.
Supporting Evidence
null
Judgment Evidence:
null
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- IDBI Bank Limited
- Party Role
- Defendant
- Party Name
- Ashraya Kerala JLG Unit
- Party Role
- Defendant
- Party Name
- Rakhi
- Party Age
- 39
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Pushpavally
- Party Age
- 52
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Divya
- Party Age
- 35
- Relation
- W/o
- Party Role
- Defendant
- Party Name
- Revamma
- Party Age
- 39
- Relation
- W/o
Plaintiffs Documents
Original loan arrangement letter, Original sanction letter, Original Inter-Se agreement, Statement of account along with certification for the period from 30.11.2017 to 04.08.2022, Copy of loan recall notice
Defendants Documents
null
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Paulochan Antony P.
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Padamapriya P.
- Appearance Type
- Main Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
Plaintiff entitled to realize loan amount, interest, and costs
Evidence:
Plaintiff's exhibits and oral testimony confirmed plaintiff's claim
Documents & Evidence
Document Type:
Original loan agreement
Submitted By:
Plaintiff
Relevance:
Used to establish the loan terms and amount
Reference:
Ext.A1
Document Type:
Original Sanction letter
Submitted By:
Plaintiff
Relevance:
Contains details of loan sanction
Reference:
Ext.A2
Document Type:
Original Inter-Se agreement
Submitted By:
Plaintiff
Relevance:
Binding agreement for joint liability
Reference:
Ext.A3
Document Type:
Statement of account along with certification
Submitted By:
Plaintiff
Relevance:
Shows account status from 30.11.2017 to 04.08.2022
Reference:
Ext.A4
Document Type:
Copy of loan recall notice
Submitted By:
Plaintiff
Relevance:
Document showing issuance of loan recall notice
Reference:
Ext.A5
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Ernakulam
State
Kerala
Court Establishment
Munsiff Court, Ernakulam
Common Reasons
Non-payment of loan amount
Case Code
Case between IDBI Bank Limited vs Ashraya Kerala JLG Unit et al regarding realization of money
Case Code Year
Case between IDBI Bank Limited vs Ashraya Kerala JLG Unit et al regarding realization of money